Why do blockchains
need oracles?
Blockchains are great at providing immutable storage and deterministic verifiable computations. However, they cannot access trusted real-world information available outside their networks. Band Protocol enhances smart contract functionalities by granting access to reliable data without any central authority or points of failure.
Bring more use-cases to
blockchains beyond DeFi
Band Protocol's flexible oracle design allows developers to use any data including real-world events, sports, weather, random numbers and more. Developers can create custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes.
BandChain
Based on Cosmos' state-of-the-art SDK, BandChain allows efficient, flexible, and scalable data query secured through cryptographic proofs.
0
Validators
19
Data requests per block
~6
Average request time (seconds)
0K
Average request per day
Use Band Oracle across
multiple blockchains
BandChain is designed to be compatible with all smart contract platforms and blockchain development frameworks. In a trustless and decentralized manner, BandChain does all the heavy lifting jobs of pulling data from external sources, aggregating, and packaging them into a format that is easy to use and cryptographically verified across multiple blockchains.
Band
Standard Dataset
Build dApps with ease and confidence. Band Standard Dataset offers real-time price information for:
175+
cryptocurrencies
20+
foreign exchange rates and commodities
Built
for Developers
BandChain allows blockchain developers to easily create price feeds, real-world event reports, and other data oracles to be used in all types of decentralized applications
Band Token
BandChain utilizes the native BAND token to secure the decentralized oracle network through delegated Proof-of-Stake and settlement for transaction fees. Validators are required to stake BAND token to fulfil data requests in return for a portion of the query fees and earn block rewards.
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