ICON is collaborating with Band Protocol to support various leading decentralized applications with customizable decentralized oracles, ensuring resistance to manipulation and the highest security guarantee for end-users.
ICON’s extensive ecosystem combined with Band Protocol’s scalable oracles bridging the highest quality off-chain data sources will allow truly reliable and decentralized applications in DeFi, gaming, prediction, betting and lottery to be built.
Band Protocol is a decentralized cross-chain data oracle that connects smart contracts with scalable real-time external data, providing the tools for developers to specify and connect to any external data source or API with custom aggregation methods. They are backed by world-class investors such as Sequoia Capital and the top cryptocurrency exchange, Binance.
We are extremely excited about this partnership and are currently exploring more ways to align our respective communities and interests going forward. In addition, we’ve learned that the Band team is a huge fan of ICON which makes this partnership even more exciting!