Chainode Tech, a professional validation service provider and blockchain consultancy based in Switzerland, has partnered with Band Protocol and has been onboarded as a validator on the BandChain decentralized oracle network. The team secures millions of dollars in funds for institutional players and retail across the top blockchain and distributed ledger technology projects such as ICON, Solana, Harmony, and more.
Chainode prioritizes infrastructure and security, the backbone of their work as a leading blockchain network validator. The team has deep roots in the blockchain space, is actively involved since 2014, and also operates a blockchain consultancy service, proving to understand at a profound level the architecture of different blockchain protocols. They strive to successfully validate in both open-source driven permissionless networks and permissioned networks built with protocols like R3 Corda for enterprise adoption.
“Oracles are of crucial importance within the blockchain space because besides broadening the scope in which smart contracts can operate, they also feed the smart contracts with trustworthy external information without blindly relying on a third party. Our team is really happy and proud to become an active part of the Band Protocol ecosystem, an innovative project with a great positive impact on how the decentralized world is being built. Through this partnership we are committed to contribute to the impact that Band Protocol Oracles have in this emerging and constantly developing space. We would like to congratulate the Band Protocol team for what they have achieved until now and to invite the community to join and support us in bringing oracle services closer to the real world.”
Ionut Scirlet, Founder of Chainode Tech.
“Band Protocol is thrilled to partner and onboard Chainode, an institutional-grade service provided across top blockchain networks, as a BandChain validator. Our teams will work together to test and secure Band Protocol in our upcoming public migration from Phase 0 to Phase 1.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol
Chainode has joined both the GuanYu testnet and Wenchang Mainnet earlier this year to support Band Protocol in the long-term to secure and bring external information reliably on-chain for smart contract applications to use.
We are excited to continuously decentralize the BandChain oracle network and onboard many more top-tier validators to come!