0Chain x API3: Cross-Chain Compatibility for dStorage and live Data Storage Pricing for Enterprise, Developers and Corporate
0Chain is pleased to announce a partnership with API3 to enhance data privacy and security on its network. API3’s Airnode is a serverless oracle node that is operated by API providers. It acts as a gateway between traditional Web APIs and smart contracts running on blockchains, connecting smart contracts to real-world data. In this way, data providers can sell their API-delivered data and services to blockchain-based applications on Web 3.0.
The combination of the first ever fully GDPR-Compliant Oracle Node with 0Chain’s enterprise-grade cloud storage solution with GDPR / CCPA Compliance and Audit Trail is a perfect match aligned with regulatory compliance.
Heikki Vänttinen, Co-Founder API3, states that “the privacy and compliance-first design of 0Chain is highly complementary to Airnode’s first party, GDPR compliant design. We are excited to work together, and this partnership will help dApps access high performance decentralized storage, while still meeting the security and regulatory requirements necessary for enterprise usage”
Through this integration, 0Chain’s dStorage will be available with all blockchains connected to Airnode through API3’s multi-chain approach. Using API3’s network, 0Chain will also provide data on storage pricing and data metadata, enabling developers and data providers to leverage 0Chain’s data storage platform for high performant data storage.
Mo Siam, 0Chain COO, explains “through this exciting partnership, 0Chain will leverage API3’s multi-layer, cross platform data solution to provide global data storage prices to 0Chain’s Enterprise and Corporate client base.
In leveraging API3’s airnode solution; dynamically and transparently priced cloud storage as offered by 0Chain bare metal servers will soon be available for developers to index and reference. Developers and solution architects will soon be able to know what’s the storage in London or Singapore or any city that has 0Chain coverage via an API call. Furthermore, 0Chain will provide a low-cost, high-speed data storage layer with unlimited availability for an ever-growing dApps community.
With about 3PB and 150 storage servers coming online over 20 countries in the next few weeks; dynamic cloud pricing visibility via api calls will create a new marketplace for storage providers on the edge.”
About API3
API3 builds decentrally governed and quantifiably secure data feeds that power Web 3.0 applications without employing third-party intermediaries. Powered by Airnode-enabled first-party oracles, API3’s dAPIs are fully decentralized and blockchain-native APIs with quantifiable security. Read our full whitepaper here.
About 0Chain
0Chain is a high-performance decentralized storage network designed to eliminate business threats such as censorship, privacy liability and data breach. 0Chain helps entities achieve GDPR compliance, localization, tokenization and monetizes private data sharing.
The decentralized platform offers high performance, high quality of service, collaboration, localization, and streaming to address a broad spectrum of applications.
