Band Protocol (BAND)

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.

Whitepaper

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Interest lvl

Medium

Updated: Jun 14, 2020

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User Rating

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5/5 • 2 votes

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Ticker

BAND

Token standard

ERC20

FoundedThailand

Registration countryUnited Kingdom

Office addressEmporium Tower 24th Fl., Suite 1-3 & 8 Sukhumvit Rd, Khlong Toei, Bangkok 10110

Launchpads

Binance

What is Band Protocol

Band Protocol’s main functionality is to bridge the gap between decentralized applications and real-world data while also ensure that data is accurate and trustworthy through economic incentives. Band Protocol will initially be built on the Ethereum network, but the protocol itself is not restricted to Ethereum infrastructure. As the protocol gets more widespread adoption, it will support all leading smart contract platforms and power the new generation of decentralized applications.

BandChain is designed to be compatible with most smart contract and blockchain development frameworks. It does the heavy lifting jobs of pulling data from external sources, aggregating them, and packaging them into the format that’s easy to use and verified efficiently across multiple blockchains.