Decentralized cross-chain data oracle – connecting smart contract to external data and APIs. Also backed by Binance and Spartan.
Band Protocol is a cross-chain data oracle platform that securely aggregates and connects real-world data and APIs to smart contracts. This platform enables smart contracts to access reliable, tamper-proof data sources for a wide range of use cases, including decentralized finance, sports betting, and other blockchain applications. Band Protocol's decentralized nature ensures that data feeds are not only accurate but also resistant to manipulation, fostering trust in the underlying processes of smart contracts. The project's support from Binance and Spartan Group highlights its importance in bridging the gap between traditional data sources and blockchain technologies.