Nervos Completes Band Protocol Integration to Provide DApps Secure & Easy-to-Integrate Connections to External Data
Band Protocol is proud to announce four months after our initial collaboration with Nervos, China’s leading public blockchain ecosystem, the integration to bring reliable and secure third-party data to The Nervos CKB is complete! Nervos developers are now fully empowered to access an expansive set of price feeds and other real-world data sources with custom aggregation and update parameters to reliably secure any category of decentralized application.
The Nervos team has also developed a web application to visualize the oracle bridge including price feeds which are live on the Mainnet.
👉 Check it out here: https://oracle-bridge.ckbapp.dev/
👉 Github Repo: https://github.com/duanyytop/ckb-oracle-bridge
The partnership with Nervos was first announced in August, since then both teams have worked in close collaboration to build the bridge implementation from BandChain to Nervos. This means that Nervos developers can access premium and institutional-grade price data from crypto price aggregators such as Brave New Coin, real-world events such as weather or flight data for insurance products, and sports results.
“The completion of our integration with Band Protocol is an important milestone for our entire ecosystem but significantly DeFi developers, as they now have full access to a variety of secure, real-time data for their applications. We look forward to seeing how the Nervos community takes advantage of this opportunity and our ongoing collaboration with the Band Protocol team.”
Terry Tai, Co-Founder of Nervos
Nervos developers can also connect dApps with any open APIs via a customizable Data Oracle Script, which is programmable in Rust and any language compatible with the WebAssembly standard.
“Working closely with the leading blockchain platforms such as Nervos in China and ICON Network in South Korea position Band Protocol in the strongest position to integrate and collaborate closely with the respective decentralized application ecosystems, bringing off-chain data on-chain in a seamless and highly secure manner.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol
Nervos will continue to work together with Band Protocol to drive adoption and set a standard for the usage of scalable and secure decentralized oracles. This deep collaboration effort begins with DeFi products and then expand into other industry verticals such as insurance, games and betting applications.
About Nervos Network
The Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling and captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.
Website | Nervos Talk Forum | Telegram | Medium | Twitter | Discord | Github
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.
Website | Whitepaper | Telegram | Medium | Twitter | Reddit | Github
