Home Coins Band Protocol (BAND) ICON Network Launches BandChain Validator Node and Doubles Down on Partnership With...

ICON Network Launches BandChain Validator Node and Doubles Down on Partnership With Band Protocol | by Kevin Lu | Band Protocol | Nov, 2020

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About ICON Network
ICON is a decentralized public blockchain network with a focus on governance and interoperability. Headquartered in Seoul, ICON’s technical partner, ICONLOOP, a blockchain services company, focuses its efforts on developing decentralized identification solutions for enterprises. ICON’s key achievements thus far include a decentralized grant program (Contribution Proposal System), an interoperability standard (BTP), a decentralized governance mechanism (DPoC), and a scalable, flexible, and smart-contract enabled public blockchain powered by ICX.
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About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
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