One of Asia’s Largest Staking Service Provider HashQuark Partners With Band Protocol
Band Protocol has partnered with HashQuark, one of Asia’s largest staking service providers that runs nearly 40 nodes including Cosmos, Tezos, Dash, IRIS, and more! HashQuark is a product under HashKey Group, a strategic partner of Wanxiang Blockchain Labs & Wanxiang Holdings — a top 500 company in China.
HashQuark provides blockchain services through various wallet types (hot, cold, multisig), cross public & private cloud deployment, and a 24/7 security team. They have a customized automatic revenue settlement system and supporting service to ensure that maximum rewards are retrieved for each staker.
Band Protocol is thrilled to work with HashQuark, a key player and pioneer in the validator space with strong enterprise partners, high-quality infrastructure security setups on multiple cloud service providers, and physical machine rooms. Both teams will work closely to ensure that BandChain will launch securely with geographical decentralization and a reliable validator for token holders to delegate to. HashQuark will be one of our key strategic partners to bring our oracles to enterprise and blockchain adoption in China and beyond.
“The blockchain space is ever-growing and the safety of decentralized applications have never been more important. We expect Band Protocol to become a leading oracle solution and have chosen to support the project due to their solutions on major oracle issues to date such as delayed data and network congestion. This is the first oracle project to meet the demands of a real-time data request and implement a working staking model.”
Leo Li, CEO of HashQuark
“Working closely with the largest staking service provider in Asia is an exciting development for the strength and decentralization of BandChain as we ramp up towards mainnet launch. We are grateful to have the strategic support of HashQuark as we grow the adoption and use-cases of decentralized applications in China and across Asia with HashQuark expertise.”
Soravis Srinawakoon, CEO & Co-Founder of Band Protocol
HashQuark will be joining the pool of 20+ genesis validators on BandChain for the upcoming mainnet launch, taking Band Protocol another step closer towards driving the connection of smart contracts to external data and APIs for any blockchain application from finance, government, enterprise and more.
HashQuark, member of HashKey Group, is a professional staking service provider focusing on public chains built upon the likes of PoS and DPoS. With HashQuark, token holders simply need to store tokens into their accounts and receive staking rewards in return. HashQuark Open Staking Platform, part of HashQuark, has entered into partnerships with the world’s leading crypto wallets and exchanges, offering staking services to token holders and institutional investors in a secure and stable way.
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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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