Dojima Network
4 min readDec 14, 2023

DOJIMA NETWORK PARTNERS WITH UMBRELLA NETWORK

Dojima Network × Umbrella

📣 We are pleased to announce that Dojima Network has entered into a formal strategic alliance with Umbrella Network, the first truly decentralized Oracle service.

This collaboration marks a significant milestone for both organizations as we join forces to revolutionize the decentralized finance (DeFi) landscape. 🚀

As a notable player in the blockchain industry, particularly in the fields of cross-chain interoperability, and liquidity management. We have consistently sought out innovative and transformative solutions to bring value to our users. By partnering with Umbrella Network, a leader in decentralized oracle solutions, we aim to further enhance the efficacy, reliability, and security of our services.

Umbrella Network's cutting-edge Oracle technology provides efficient, scalable, and highly reliable data infrastructure to support various blockchain networks. Their decentralized Oracle network ensures accurate and real-time data feeds, enabling smart contracts and DeFi applications to seamlessly access and utilize on-chain and off-chain data. This partnership will significantly bolster our ecosystem's transparency, integrity, and overall functionality. 🌐

ABOUT THE PARTNERSHIP

Umbrella Network's oracle solutions will integrate seamlessly with Dojima Network's blockchain cross-chain infrastructure, allowing us to access reliable and up-to-date on-chain and off-chain data efficiently. This strategic move aims to enhance our platform's decision-making capabilities, ensuring our users have access to real-time market data for precise trading and investment strategies.

Through this partnership, Dojima Network and Umbrella Network aim to foster greater innovation in the DeFi ecosystem. We will collaborate closely to explore and develop new DeFi products and services, leveraging Umbrella Network's oracle solutions to facilitate seamless interoperability, improved liquidity management, and advanced smart contract functionality.

We are excited about the immense possibilities this collaboration brings and the positive impact it will have on the broader blockchain community. Stay tuned for further updates and the exciting developments resulting from this partnership!

"We are excited about this partnership with Dojima. The fragmentation of liquidity in the blockchain industry is a major challenge. Dojima’s omnichain solution tackles the interconnectivity issue by connecting many L1s and L2s and unifies liquidity. Its EVM compatibility enables it to tap into a large pool of seasoned developers as well. By integrating our oracle, we aim to contribute to the seamless growth of the Dojima ecosystem. Together, we can build the next evolution of cross-chain dApps and break down barriers for web3 adoption,” said Philippe Engels, Partnerships Manager at Umbrella Network.."

Great to have this collaboration with Umbrella network to enable offchain and onchain data easily accessible in a decentralized way. Umbrella network will progressively expand its data feeds offerings overtime and support protocols on Dojima with its custom oracle solutions,” said Akhil Reddy, Founder of Dojima Network.

Conclusion

With a shared commitment to continued innovation and advancing the ecosystem, this partnership holds the promise of a more connected and interoperable future for blockchain. The integration of Umbrella's oracle within Dojima's ecosystem will enable developers to build innovative products by accessing a wide range of data and custom solutions from the Umbrella team.

ABOUT UMBRELLA NETWORK

Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its diverse oracle features such as the on chain data solution or the lLayer-2 technology that uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, allowing for the batching of data to smart contracts accurately, securely, and inexpensively.

Umbrella Network believes a community-owned oracle is not only possible but essential to creating a truly decentralized financial system. The community-owned Oracle solution offered by Umbrella Network furnishes DApp developers with major key pairs, and real-world financial data along with core, mid and long-tail pairs.

You can follow Umbrella on their official channels👇

Website| Twitter| Medium | Discord| Telegram

ABOUT DOJIMA NETWORK

Dojima Network is an omni-chain Layer-1 platform that seamlessly integrates the entire Web3 ecosystem into one unified layer and empowers developers to develop DApps. With Dojima Network cross-chain infrastructure, developers can start their building process on one layer and expand across different blockchains effortlessly.

Our goal at Dojima Network is to develop a robust cross-chain ecosystem that is user-friendly and dependable, allowing protocols across different chains to interact and exchange assets under one network.

🚨 For more information and updates, be sure to follow our official channels👇🏽

Website | X | TG Chat | TG Ann | Medium | Discord | Youtube Linkedin