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Decentralized Finance

Band Protocol Companions with Digital Asset Information Firm Courageous New Coin to Carry Decentralized Value Reference Information to DeFi

BANGKOK/AUCKLAND, Nov. 23, 2020 (GLOBE NEWSWIRE) — (through Blockchain Wire) Courageous New Coin (https://bravenewcoin.com/), a number one knowledge analytics and analysis firm backed by Techemy Ltd, has joined forces with Sequoia-backed cross-chain knowledge oracle platform Band Protocol to carry decentralized value reference knowledge to the quickly rising good contract software ecosystem.

Band Protocol and Courageous New Coin will work collectively to carry the globally weighted common spot costs for as much as 1500+ digital belongings by the BandChain decentralized oracle community. It will enable good contract builders to readily combine and make the most of these spot value oracles on any blockchain platform. Band Protocol has already been built-in by main good contract platforms together with Ethereum, Binance Good Chain, Cosmos, Polkadot, ICON, Waves, and Matic Community.

“Courageous New Coin is an early adopter and supporter of DeFi protocols, having launched the primary crypto pricing knowledge oracles for good contracts in 2016,” stated Fran Strajnar, CEO of Courageous New Coin. “Extra lately, Courageous New Coin has launched a tradable DeFi Index, of which the BAND token is a constituent. Along with Techemy Group, Courageous New Coin and Band Protocol are main the way in which in bringing scalable, decentralized and non-custodial merchandise and options for buying and selling, funding and evaluation for good contract builders to seamlessly make the most of.”

“Working with established and respected enterprises corresponding to Courageous New Coin might be pivotal to Band Protocol’s success as we collaborate to offer a business answer that protects mental property and knowledge privateness whereas enabling the good contract world to work together with exterior knowledge sources,” stated Soravis Srinawakoon, CEO and Co-Founding father of Band Protocol.

This long-term partnership will even allow premium knowledge supply homeowners with paywalls corresponding to Courageous New Coin to mechanically acquire income on-chain beginning subsequent 12 months. Band Protocol’s versatile oracle design advantages all stakeholders by permitting builders to create custom-made oracles with net APIs inside minutes in addition to enabling enterprises to commercialize their knowledge by creating premium oracles for builders to combine.

The World Weighted Common Spot Value (GWA) supplied by Courageous New Coin works by offering a good value for any tracked digital asset from close to real-time buying and selling throughout a world community of prime crypto exchanges. With intraday, finish of day value and quantity inputs up to date at a 30 second tick interval, builders in decentralized finance might be effectively geared up to construct trustless purposes utilizing an impartial, dependable, third-party value discovery oracle.

About Band Protocol
Band Protocol is a cross-chain knowledge oracle platform that aggregates and connects real-world knowledge and APIs to good contracts. Blockchains are nice at immutable storage and deterministic, verifiable computations — nonetheless, they can not securely entry knowledge out there exterior the blockchain networks. Band Protocol allows good contract purposes corresponding to DeFi, prediction markets, and video games to be constructed on-chain with out counting on the one level of failure of a centralized oracle. Band Protocol is backed by a robust community of stakeholders together with Sequoia Capital, one of many prime enterprise capital companies on the planet, and the main cryptocurrency change, Binance.

About Courageous New Coin
Courageous New Coin (https://bravenewcoin.com/) (BNC) is an information and analysis firm centered on the blockchain and cryptographic belongings business. Based in 2014, BNC gives knowledge, evaluation and analysis to a world community of market members. Courageous New Coin provides spot-pricing, index options, analysis and information each mixture and proprietary, through companions corresponding to Amazon Alexa, Dow Jones Factiva, NASDAQ, Refinitv, RapidAPI and dozens extra. The corporate’s expertise and experience make it the main supplier of normal and non-standard institutional grade, extremely compliant, knowledge options. BNC Professional leverages its expertise and knowledge right into a user-friendly dashboard answer. 

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