Institutional grade crypto market knowledge supplier Courageous New Coin has introduced a strategic partnership with Band Protocol, a decentralized knowledge oracle community. As per a tweet on Monday, the partnership will allow Courageous New Coin to carry enterprise-grade value knowledge for greater than 1,500 cryptocurrencies on Band Protocol’s decentralized oracle community.
Courageous New Coin has strategically partnered with @BandProtocol to carry institutional-grade value knowledge for as much as 1500+ digital property onto the $BAND decentralized oracle community https://t.co/3TcE3Ptc8d
— Courageous New Coin (@bravenewcoin) November 23, 2020
Courageous New Coin is among the main knowledge & analysis firms offering enterprise-grade digital asset knowledge options to crypto-blockchain firms. Within the official assertion on Medium, Courageous new Coin CEO, Fran Strajnar mentioned that the corporate, backed by Techemy Ltd, is among the early adopters of decentralized finance protocols and launched its first digital asset knowledge oracle for blockchain networks in 2016. Fran additionally mentioned that the partnership with Band Protocol would additional their imaginative and prescient of being the main supplier of scalable, non-custodial, and decentralized knowledge options, making knowledge evaluation for blockchain builders for buying and selling and funding a seamless effort.
Band Protocol is among the greatest cross-chain knowledge oracle networks within the crypto-blockchain business, connecting real-world knowledge and API with sensible contracts. Commenting on the mixing with Courageous New Coin, Band Protocol CEO Soravis Srinawakoon mentioned that the collaboration could be instrumental in for Band’s success. Soravis additional mentioned that the mixing would assist them present industrial knowledge options, enabling blockchain networks to work together with exterior knowledge sources whereas additionally making certain knowledge privateness and mental property safety.
Within the Twitter thread, Band Protocol said that Courageous New Coin’s Weighted Common Spot Worth has been built-in with all of its blockchain platforms. This, it mentioned, will present a safe and truthful value for crypto property on a real-time foundation by aggregating knowledge from high crypto exchanges throughout the globe.
2/ 🔐 BNC’s World Weighted Common Spot Worth (GWA), which has been built-in into Band Protocol for all blockchain platforms, works by offering a safe and truthful value for any tracked digital asset from real-time buying and selling throughout a worldwide community of high crypto exchanges. pic.twitter.com/H4qT22neNr
— Band Protocol (@BandProtocol) November 23, 2020