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Zoom Expands Developer Platform with Launch of Zoom Apps SDK

SAN JOSE, Calif., June 21, 2022 (GLOBE NEWSWIRE) — Today, Zoom Video Communications, Inc. (NASDAQ: ZM) announced the general availability of the Zoom Apps SDK, which provides developers with the resources and support infrastructure needed to build Zoom Apps within the Zoom client. By building on the Zoom Apps SDK, developers can reach Zoom customers, and users can discover and add new apps within the same client they use every day. Over 100 Zoom Apps have been published by developer partners to enrich meeting experiences ranging from meeting productivity, team collaboration, and social networking to gaming.

"To meet customer expectations, organizations continue to look for ways to evolve their businesses and scale workflows, which leads to an increased need for developers to have access to develop innovative app capabilities and features,” said Brendan Ittelson, Chief Technology Officer at Zoom. “With the launch of the Zoom Apps SDK, the Zoom Developer Platform continues to expand and offer developers new ways to incorporate video communications and collaboration into their creations, transforming business workflows forever.”

“The ability to leverage APIs to enable application integration and innovation is a critical digital transformation need,” says Irwin Lazar, President and Principal Analyst at Metrigy. “More than 84% of IT professionals in our research say that API availability is important for employee and customer engagement use cases. General availability of the Zoom Apps SDK will make it easier, and faster, for developers to deliver business benefits through a variety of ways.”

Zoom Apps SDK broadens developer capabilities by:

  • Increasing the reach of new applications by tapping into Zoom's global and diverse audience, listing apps on the Zoom App Marketplace and in the Zoom client where apps can be installed even during a Zoom Meeting
  • Extending new apps to create collaborative experiences across Zoom Meetings
  • Creating engaging experiences for customers both within and outside of Zoom Meetings

Zoom Apps SDK is a JavaScript SDK that provides access to client features such as setting the Virtual Background while also providing the app context for the interaction. Fundamentally, it uses a method to get the meeting context, with identifiers for the user and meeting. These identifiers can be used with a comprehensive set of API endpoints from the Zoom Developer Platform, including REST APIs and Webhooks to enrich the app experience.

With the Zoom Apps SDK, companies are able to create engaging experiences within Zoom Meetings, and in the Zoom desktop window for asynchronous collaboration.

“In this new era of hybrid work, businesses are using more apps than ever to collaborate and get work done from anywhere,” said Ketan Kittur, Vice President, Product Management at Box. “We know that customers want all of their favorite apps to work securely and seamlessly together. With the Zoom Apps SDK, we created the Box app for Zoom which empowers our thousands of joint customers to work frictionlessly across our two platforms.”

Getting Started with Zoom Apps SDK
Building with Zoom Apps SDK is simple. Here's how to get started:

  1. Build the app: Utilize the Zoom Apps SDK to develop and customize an app.
  2. Complete the submission checklist: Before submitting an app for review, ensure all items are completed in the Submission Requirements. The checklist covers marketing, privacy, legal, support, and technical information.
  3. Submit the app for review: All apps submitted for publication undergo a thorough review, including functional and usability testing, and security and compliance review.
  4. Publish on App Marketplace: Once published, the app will be available to all users through an embeddable button.

To learn more about the Zoom Apps SDK, please read our blog.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Kim Gaertner
Developer PR Manager
press@zoom.us


GLOBENEWSWIRE (Distribution ID 8576101)

Following 3AC insolvency crisis, OKX launches Custody Trading Sub-Account to “solve trust issue”

  • OKX's newest account mode delivers the investor control, transparency, and risk management that is needed to minimize institutional investor losses in a volatile market environment.
  • The Custody Trading Sub–Account offering involves OKX stepping in to make sure an investor's assigned money manager is fulfilling their fiduciary duties.

VICTORIA, Seychelles, June 21, 2022 (GLOBE NEWSWIRE) — OKX, the world–leading cryptocurrency platform, today announced the launch of its Custody Trading Sub–Account product for customers looking to benefit from trading team strategies and institutional and high–net–worth investors.

Custody Trading Sub–Account involves OKX acting as a trusted third party between the investor and their money manager or trading team. The product mitigates the risks investors face by granting them greater control over their investments and delivering multi–layered risk management. It also provides greater transparency by enabling investors to monitor leverage and margin usage in real–time and access and share OKX–verified trading records.

Haider Rafique, Global Chief Marketing Officer, OKX, said: "The recent conspicuous near–insolvencies have taught us that many investors who entrust their funds to market makers or hedge funds don't have control, or even visibility, over how their money manager is trading. These firms provide questionable risk management and transparency and, in some cases, this has even allegedly led to investor funds being used to answer margin calls. We are launching OKX Custody Trading Sub–Account to provide much–needed control and transparency and help everyone in the industry."

When it comes to control, investors are able to configure a range of account trading access rights, while third parties and trading teams are not permitted to move investor funds directly. Comprehensive risk management protocols additionally prevent assets from being collateralized twice and enable investors to access features such as warning level, trade–freeze level, and kill switch. Finally, smart contract auditing from OKX means that due diligence is undertaken by a trusted third party.

Lennix Lai, Financial Markets Director, OKX, said: "After lessons were learned during the recent debacle involving some mismanaged firms, we believe it's fundamentally important that the crypto industry has an independent, trusted third party to play the role of custodian for these types of investments. This custodian would provide both clearing and appropriate risk management. We need to find a way to segregate clients' tokens from managers' in–house wallets while making sure the managers fulfil their fiduciary duties to both their clients and the relevant communities. We also need to ensure that there is transparency for investors and communities as far as how their funds are being staked, traded, or utilized as collateral."

OKX Custody Trading Sub–Account allows the money manager or trading team to access a broad range of products in both the CeFi and DeFi spaces in order to fulfil their obligations to investors. During the custody period, the trading team is also equipped to protect their proprietary strategic trading and position information.

With this launch, OKX builds on the risk management record that saw it protect more than 500 million UST in user funds prior to May's LUNA/UST crash. OKX will continue to incorporate comprehensive risk management strategies to ensure users can invest both safely and responsibly.

Find out more about the OKX Custody Trading Sub–Account here.

For further information, please contact:

Jack.sutherland@okx.com

About OKX

OKX is a leading crypto trading app, and a Web3 ecosystem. Trusted by more than 20 million global customers in over 180 international markets, OKX is known for being the fastest and most reliable crypto trading app of choice for investors and professional traders globally.

Since 2017, OKX has served a global community of people who share a common interest in participating in a new financial system that is designed to be a level playing field for everyone. We strive to educate people on the potential of crypto markets and how to invest and trade responsibly. Beyond the OKX trading app, OKX Wallet is our latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com


GLOBENEWSWIRE (Distribution ID 8576049)

Zahid Industries: World Defense Show

RIYADH, Saudi Arabia, June 21, 2022 (GLOBE NEWSWIRE) — Zahid Industries, a Zahid Group company, recently participated at the World Defense Show in Riyadh from 6 "" 9 March 2022.

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