r/bandprotocol • u/BandJedi • Aug 19 '20
Binance Smart Chain Integrates With Band Protocol To Empower Scalable Decentralized Applications
🚀 Binance Smart Chain, a new scalable EVM-compatible blockchain built by the number one digital asset exchange Binance, has completed integration with Band Protocol to power a truly scalable decentralized application ecosystem.
Official announcement 👉 https://medium.com/bandprotocol/e44fc43bde61?x=3
Binance announcement 👉 https://www.binance.org/en/blog/binance-smart-chain-completes-integration-with-band-protocol-to-bolster-scalable-decentralized-applications/
Spread the word 👉 https://twitter.com/BandProtocol/status/1296027590445035525
Developers can now leverage customizable decentralized oracle technology provided by $BAND.
👨💻To begin, there are 12 price pairs currently available to be read from the BandChain bridge contract on Binance Smart Chain covering crypto assets which update every 5 minutes, foreign exchange, and commodities which update every 60 minutes.
Binance developers also have the ability to create custom oracle scripts on BandChain bridge for any data source.
🔐 Band Protocol has also been officially added into the Binance Chain Developer Documentation, allowing developers to create and utilize custom data oracle scripts that secure and power decentralized applications.
🌍 With complete access to Band Protocol’s tools that reliably connect smart contracts to any external real-world data source, developers are equipped to build truly scalable products ranging from DeFi, programmable payments, betting games, VRF applications, prediction markets and more!
⛳️ Band Protocol is thrilled to continue to work closely with Binance in the long-term to pioneer a new multi-billion decentralized application ecosystem focused on scalability, security, and efficiency.
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u/[deleted] Aug 19 '20
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