Feeding Decentralised Finance (DeFi) platforms with reliable price data for assets, enabling functions like lending, borrowing, and stablecoin management
Providing verified real-world event data for prediction markets, enhancing trust and reliability in betting outcomes
Facilitating a decentralised identity layer to mitigate Sybil attacks and verify user credentials in various applications
Offering geographic location data for decentralised applications (dApps) requiring map-related functionalities
Allowing decentralised commerce platforms to use token pricing in stable value terms by providing up-to-date fiat-to-crypto price feeds
Enabling supply chain tracking smart contracts to access and verify off-chain product movement and payment settlement data
Supporting private data sharing networks for enterprises to securely exchange sensitive information like identity and credit scores.
Band Protocol, launched in 2019, is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. It enables blockchain applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of centralised oracles. Originally constructed on Ethereum, Band Protocol is blockchain-agnostic, with plans to support major blockchain environments. Band's dataset tokens incentivise data providers and ensure data integrity, aligning economic incentives with reliable data provision. As an open standard for data governance, Band envisions being the decentralised world's database for secure and trustless data access.
Feeding Decentralised Finance (DeFi) platforms with reliable price data for assets, enabling functions like lending, borrowing, and stablecoin management
Providing verified real-world event data for prediction markets, enhancing trust and reliability in betting outcomes
Facilitating a decentralised identity layer to mitigate Sybil attacks and verify user credentials in various applications
Offering geographic location data for decentralised applications (dApps) requiring map-related functionalities
Allowing decentralised commerce platforms to use token pricing in stable value terms by providing up-to-date fiat-to-crypto price feeds
Enabling supply chain tracking smart contracts to access and verify off-chain product movement and payment settlement data
Supporting private data sharing networks for enterprises to securely exchange sensitive information like identity and credit scores.
Band Protocol, launched in 2019, is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. It enables blockchain applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of centralised oracles. Originally constructed on Ethereum, Band Protocol is blockchain-agnostic, with plans to support major blockchain environments. Band's dataset tokens incentivise data providers and ensure data integrity, aligning economic incentives with reliable data provision. As an open standard for data governance, Band envisions being the decentralised world's database for secure and trustless data access.
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