This video will help you understand the differences between REST (OData) and SOAP APIs, and how they are used in integrations. The context of these APIs are explained with regard to SAP Fiori and UI5 technology.
REST API has no official standard at all because it is an architectural style. SOAP API, on the other hand, has an official standard because it is a protocol. REST APIs uses multiple standards like HTTP, JSON, URL, and XML while SOAP APIs are largely based on HTTP and XML.
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SOAP - SOAP is a protocol that was designed before REST and came into the picture. The main idea behind designing SOAP was to ensure that programs built on different platforms and programming languages could exchange data in an easy manner.
REST - This was designed specifically for working with components such as media components, files, or even objects on a particular hardware device. Any web service that is defined on the principles of REST can be called a RestFul web service. A Restful service would use the normal HTTP verbs of GET, POST, PUT and DELETE for working with the required components.
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