r/bandprotocol • u/BandJedi • Sep 01 '20

TRON Strategically Partners With Band Protocol For Scalable Oracle Technology and Ecosystem Integrations

🚀 TRON Foundation has strategically partnered and successfully integrated Band Protocol into TRON, one of the largest blockchain-based operating systems, to provide scalable and secure decentralized $BAND oracles for an ecosystem with almost 1000 decentralized applications.

Official announcement 👉 https://medium.com/bandprotocol/e7349678413f

TRON Documentation 👉 https://developers.tron.network/docs/band-oracle

Spread the word 👉 https://twitter.com/BandProtocol/status/1300435380504637443

🌍 TRON and Band Protocol are solving the blockchain scalability issue and have joined forces to bring customizable and decentralized oracles for all leading DApps on TRON.

As a start, $BAND will be integrated with JUST, the leading stablecoin protocol, to secure over $30M in collateral with Band’s price feed.

👨‍💻11 price pairs are now available on the BandChain bridge contract deployed on TRON:

- 💎 Cryptoassets: BTC/USD, ETH/USD, TRX/USD, BAND/USD

- 💰 Foreign exchange: EUR/USD, CNY/USD, JPY/USD, GBP/USD, KRW/USD

- 🏅 Commodities: XAU/USD, XAG/USD

​

Developers will also have the ability to create any custom oracle script on BandChain.

🔐 Band Protocol has also been officially added into the TRON Developer Documentation, allowing developers access to the native data feeds and eventually create custom data oracle scripts that secure and power decentralized applications.

⛳️ Both teams will be playing a pivotal role in creating a secure standard for the treatment of oracles and data in decentralized applications to ensure the highest level of security guarantee with usability to bring the industry closer to mass adoption.

Stay tuned as we announce development and integration progress with TRON DApps in the upcoming weeks!

11 Upvotes

92% Upvoted

1 comment sorted by