0Chain Partners With Band Protocol to Secure Decentralized Storage Layer
0Chain, a high-performance decentralized storage network, has partnered with Band Protocol to enable metadata mapping, token price feeds, and more through secure and customizable decentralized oracles. 0Chain enables scalable storage on a distributed level that allows for high transaction throughput as well as high data availability and now higher security through Band Oracles for which enterprises can leverage for real-time external information.
“0Chain is excited to collaborate with Band Protocol to provide highly-reliable oracle and data storage solutions for decentralized applications. The multi-step integration enables developers and enterprises to simply leverage 0Chain’s storage platform while accessing price feeds, storage metrics and metadata mapping all via Band Protocols oracles. We look forward to providing dApps with verifiable data feeds that are resistant to breaches and value user privacy.”
Adrian Corcoran, Head of Partnerships at 0Chain.
Through this integration, Band Protocol and 0Chain will collaborate to provide a secure Storage layer, connecting smart contracts to safe, verifiable data that also decreases the risk of data breaches while simultaneously enhancing availability and privacy.
“Band Protocol is proud to support 0Chain with customizable decentralized oracles in a multi-faceted integration. The collaboration is a testament to the flexibility of Band Protocol to provide a bespoke and trusted oracle solution to a variety of decentralized applications including 0Chain to secure a decentralized storage layer on a cross-chain and external level.”
Kevin Lu, Head of Business Development at Band Protocol.
Our initial collaborative integration will provide data streams available through Band Oracles for the following use-cases:
- Price feeds for $ZCN token as well as storage allocation pricing, enabling transparency of the cost of leveraging 0Chain’s dStorage.
- MetaData Mapping enables oracles to provide data to verify data storage, including for the storage of L1 blockchain data, such as Ethereum or Solana, to enable verifiers to provide a source of truth for transaction history.
- Blobber (data storage providers) data will be available for users to view metrics including geolocation, pricing, speed, and more to allow developers, enterprises to allocate data to Blobbers that meet their needs. In addition, a dynamic feed will allow users to provide feedback to coincide with verifiable metrics while also taking into the consideration user experience.
Band Protocol is designed to be customizable for any developer or project needs. While our main user base is composed of decentralized financial projects, Band Oracles can be used to secure decentralized storage platforms such as 0Chain and virtually any project with a need for reliable, trusted external information. We are excited to support 0Chain on their journey to become a leading decentralized storage platform.
About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
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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.
