Band Protocol has strategically partnered with Waves Platform, an open blockchain protocol and growth toolset for Internet 3.zero functions and decentralized options in DeFi, gaming, identification, DAOs, voting, and extra. Each groups have been working collectively to combine Band Protocol’s decentralized and customizable oracles having accomplished bridge implementation and work with varied Internet 3.zero functions within the Waves ecosystem.
Builders, enterprises, and lots of different ecosystem gamers on Waves can permissionlessly make the most of Band Protocol to hook up with any exterior information supply or API utilizing BandChain’s customizable oracle script that’s constructed for flexibility, modularity, and scalability.
The next value pairs can be found to be learn from the BandChain bridge contract
WAVES/USD that are robotically up to date each 5 minutes. Along with the information native to the Waves blockchain, builders are additionally capable of create customized oracle scripts of their selection on BandChain — making a decentralized oracle supporting any sort of knowledge from exterior information sources and APIs.
“Waves aspires to offer the instruments to construct innovative options that clear up current implementations points within the blockchain ecosystem, most notably these embody scalability and safety. Together with Band Protocol’s decentralized oracle community that gives end-to-end flexibility for builders, near-instant finality, and fractional information request charges, we’re enabling the creation of next-generation functions that has by no means been seen earlier than.”
Sasha Ivanov, Founding father of Waves
Launching Mainnet in 2017 and finishing sensible contract implementation in 2018, Waves is a one-stop-shop supporting the backend of any Internet 3.zero service or decentralized utility. Waves gives quite a few benefits for scalability by means of their developer-friendly programming language RIDE equivalent to formal verification, no gasoline necessities, and flat charges.
“Band Protocol has been working in-hand with the Waves group to safe the bridge from decentralized functions to exterior information sources and APIs, rising each venture ecosystems in the direction of adoption pushed by safety and scalability. We’re at all times proud to deeply help main blockchain platforms that face the oracle downside and require a scalable real-time resolution.”
Soravis Srinawakoon, CEO & Co-Founding father of Band Protocol
As strategic companions, each groups will work in the direction of a standard mission of securing sensible contracts and decentralized functions within the Waves ecosystem by means of dependable, low-cost, scalable, and easy-to-integrate oracles offered by Band Protocol.