TomoChain to Integrate with Bluzelle Decentralized Oracles to Bring Greater Security to DEX
📢We are excited to announce that Bluzelle has formed a partnership with TomoChain, the efficient blockchain powered by proof of stake voting consensus. They will integrate with the Bluzelle Oracles to enable reliable real-time price feeds and enhance their Defi offerings to developers.
TomoChain offers a series of features to build user-friendly, privacy-focused Dapps and a DeFi ecosystem geared for mass market applications. TomoX, the protocol that allows developers to launch a DEX in just a few steps, is ready to provide the fastest DEX experience in the market. And, TomoDEX, the first decentralized exchange powered by the TomoX protocol, is supporting a set of major and fast-growing cryptocurrencies.
Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network. The Bluzelle Oracles aim to enhance Defi with historical price feeds, powered by our unique decentralized database and data analytics. It brings real-world market data onto the blockchain from various decentralized sources, and also allows on-chain data and historical information to be stored in the BluzelleDB with great scalability.
Integration with Bluzelle Oracles will not only provide TomoDEX the most reliable real-time price data feeds, but also offer a more comprehensive set of data solutions to developers building on TomoChain.
“Bluzelle has been leading the way for decentralized databases. Their upcoming Oracle solution will tap right into that, providing greater advantages for TomoChain developers with advanced statistical metrics tied to logs of historical data right out of the box. I’m excited with the innovative ways this could be used around pricing information for everything from prediction markets to customized pricing indexes. And, as they expand beyond pricing data it could enable a suite of new applications not yet seen in our space,” said Kyn Chaturvedi, CBDO of TomoChain.
Both Bluzelle & TomoChain share the same vision to provide greater privacy, scalability and security to dApps, especially for Defi.
“TomoChain is one of the long-standing blockchains, always responsive and adaptive to customer needs. Knowing the team for years now, and given our strong roots in Asia, we both see firsthand the blockchain growth in this region. It’s exciting to find a way for both our projects to execute on a solution together,” said Pavel Bains, CEO of Bluzelle.
With a wide range of products and protocols built by TomoChain, both teams will work closely to explore more areas in collaboration to drive mass adoption in dApps & Defi.
About TomoChain
TomoChain is a scalable blockchain-powered via the advanced Proof-of-Stake Voting consensus and used commercially by companies globally. Our 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 and DeFi-focused flagship products include:
- Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatible
- An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.
About Bluzelle
Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network that is tamper-proof and has greater privacy, scalability and availability than traditional solutions. Powered by Cosmos, Bluzelle handles 10,000 TPS and is a delegated proof of stake. Bluzelle’s defi solutions are being developed to enhance Defi with historical price feeds, provide data analytics, 360 degree views, and more. As defi grows, Bluzelle’s infrastructure services play a big role.
