Announcing the AP3 Partnership With Tomochain

API3
API3
Published in
3 min readFeb 10, 2021

--

API3 is pleased to announce a partnership and native integration with TomoChain. The goals of this partnership are to natively integrate API3’s decentralized API’s, and Airnode-enabled APIs. This will provide TomoChain and projects built on top of TomoChain with highly reliable, transparent, and decentralized data.

API3 is excited to help support developers on TomoChain. We look forward to seeing how dapps developed on TomoChain with Airnode-enabled APIs can lead to a more efficient, and more secure Web 3.0. Through this partnership we hope to be able to bring quantifiably secure data feeds to Web 3.0 users at all levels: enterprises, large scale financial institutions, and the average DeFi user. TomoChain’s recent acquisition of Lition’s scalable enterprise public/private blockchain unit makes us excited about growing and expanding Web 3.0 together.

Hackathon

To facilitate the integration, the API3 DAO will co-host a hackathon with TomoChain featuring an Airnode enabled API as part of the partnership. Details on the hackathon will be announced nearer the time.

Quotes

“We are extremely excited about partnering with TomoChain, who share our vision for Web 3.0 that emphasizes scalable, secure, and efficient high-speed transactions. Through the partnership, we look forward to bringing quantifiably secure and reliable data to everyone on TomoChain; from the average DeFi user to large scale financial institutions and enterprises.”

Heikki Vänttinen — Co-founder, API3

“API3’s approach to focus on trustless first party data feeds, low effort integration for developers, and inexpensive access is simply refreshing. I look forward to API3’s innovations and the value their Oracle will bring to the TomoChain ecosystem of products and Dapps.”

Kyn Chaturvedi, CBDO of TomoChain.

About TomoChain

TomoChain is a scalable blockchain-powered by Proof-of-Stake Voting consensus and used commercially by companies globally. TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology features fast, efficient, and scalable transactions with 2000 TPS, 2-second block time, ~$0 gas fees, and compatibility with EVM. Built on top of TomoChain are an array of original products and protocols, designed to support speed, privacy, usability, and liquidity needs all in one platform.

Lition, a recent acquisition of TomoChain’s, is a scalable side-chain built on Ethereum for enterprise use. Lition’s technology framework was founded on the principle of allowing data to be both private and deletable; two core features that were developed in order to meet the strict General Data Protection Regulation (GDPR) guidelines laid out by the European Union in order to give citizens control over the use of their personal data.

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 dAPI’s are fully decentralized and blockchain-native APIs with quantifiable security. Read our full whitepaper here.

API3 Links

Twitter — https://twitter.com/API3DAO
Telegram — https://t.me/API3DAO (Community Chat)
Discord — https://discord.gg/qnRrcfnm5W (Builder Chat)
Github — https://github.com/api3dao
Reddit — https://www.reddit.com/r/API3/

TomoChain Links

Website — tomochain.com
Telegram — t.me/tomochain
Twitter — twitter.com/TomoChainANN

--

--