About Project

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.
One of the biggest challenges for any decentralized application is to have access to trusted data and services over the traditional Web 2.0.
Band Protocol tackles this problem by building a decentralized bridge to enable secure interoperabilities between smart contracts and the traditional web.

Smart contracts rely on external price feeds, events, and values provided via traditional web APIs to resolve their logics and enable secure token transfers.
Band Protocol provides a secure, blockchain-agnostic, decentralized oracle framework for Web 3.0 applications. It connects smart contracts with trusted off-chain data and ensures the integrities through token economic incentives, effectively creating a trusted information bridge between Web 2.0 and Web 3.0 of the future.

Why do blockchains need data oracle?
Blockchains are great at immutable storage and deterministic, verifiable computations.
However, they cannot access trusted real-world information available outside their networks.
Band Protocol enhances smart contract functionalities by granting them access to reliable data without any central points of failure.

Feed trusted price data to DeFi with Band Oracles
Decentralized Finance applications need price feeds on the token swap and loan collateralization process.
With Band Protocol’s built-in price oracle, developers can build DeFi with absolute peace of mind that the price feeds they’re using are robust and tamper-proof.

Bring more use-cases to blockchains beyond DeFi
Band Protocol’s flexible oracle design allows developers to use any data including real-world events, sports, weather, random numbers, and more.
Developers can create custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes.

Use Band Oracle across multiple blockchains
BandChain is designed to be compatible with most smart contract and blockchain development frameworks.
It does the heavy lifting jobs of pulling data from external sources, aggregating them, and packaging them into a format that’s easy to use and verified efficiently across multiple blockchains.

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