The game-changer for BitcoinSV applications has arrived and companies such as Australia’s Codugh are among the first adopters demonstrating its benefits. Using the STAS token protocol, Codugh is able to give its users an immense amount of flexibility in building and deploying blockchain solutions.

Shashank Singhal, Codugh’s co-founder and CEO, says STAS opens the door for application developers and computer programmers. Codugh (pronounced “co-dah”, a slang pronunciation for computer “coder”) is an API marketplace where software developers can exchange rights to use their coded scripts in return for digital currency.

“We’ve added a lot of people on our platform over the last few months, including non-BSV and non-crypto developers who don’t want to use or know how to use BSV in any meaningful way. For them, the integration of STAS makes for a much easier way to interact with our platform,”

Singhal said in an interview for the TAAL blog.

Singhal points out that the ability of STAS to quickly exchange currencies — whether they be of the crypto variety or fiat — and do so at a minuscule transaction cost represents an evolution in the usage of blockchain that will benefit entrepreneurs and bring opportunity to underserved communities. Codugh’s users can deposit BSV or any other major crypto currency and those funds are transferred to Codugh’s micro transaction token, which is pegged to $0.0001 USD. Codugh uses another BSV stalwart, Fabriik, and its Fabriik Weave application to execute the transactions but it is the STAS protocol that underpins the groundbreaking tokenization solution.

“We’re seeing adoption increase and that’s because there are a lot of developers who don’t want to deal with BSV or the currency fluctuations of crypto. STAS removes all of that friction and that’s a game-changer for us and many others. If someone doesn’t care about crypto, they won’t know we use BSV. It will be the plumbing of the network and they won’t even realize it’s there,”

Singhal says.

“It’s important to cater to all sorts of consumers, to get as many users as possible, and keep them active and happy. That means removing as many barriers as you can. BSV still gives us the privilege that you can cater to microtransactions, which is something you can’t with Visa and MasterCard.”

In August 2019, Codugh won $20,000 USD for finishing in first place at the CoinGeek Hackathon, a competition that sought to reward the best applications built using the BSV blockchain technology. Since then, Singhal and his co-founder, Andrew Snow, have propelled the platform into becoming a viable business. Codugh allows developers to list the APIs that are available for other developers or programmers to license for use. To start, Singhal says Codugh will limit the price of a single API call to a tenth of a cent and may make it cheaper in the future. (Developers can charge whatever fee they want for the licensing of their APIs.)

He credits TAAL with giving Codugh the advantage to deliver low-cost solutions to the company’s user base. He also notes that WhatsOnChain (WoC) is “fantastic” because it allows anyone to search the BSV blockchain and that “makes sure we have a good source of truth when you can access the backend of the blockchain so easily.”

WoC has recently introduced a number of improvements that move it closer to becoming the de facto search engine for blockchain. WoC’s upgrades join the newly released TAAL Console and STAS to underscore the immense value that TAAL offers to its clients. The blockchain-as-a-service aspects of the company continue to blossom even as it remains the world leader in BSV transaction processing.

“TAAL developed STAS and in that sense they are helping us massively. It is allowing us to run our microtransaction token in the first place. The data capacity of the network keeps getting larger and knowing that TAAL has the ability to get bigger and process our transactions is extremely helpful for planning our business,”

Singhal notes.