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Horizen Companions with Band Protocol to Ship Decentralized Oracle Companies for EON, Horizen’s EVM-Appropriate Sensible Contracting Platform

Bringing decentralized oracle capabilities to the fast-growing EON ecosystem and supporting a variety of use circumstances

Horizen, a number one layer 0 public blockchain, is worked up to announce a strategic partnership with Band Protocol, a cross-chain information oracle platform, to offer real-time value feeds and dependable information for EON, Horizen’s new EVM-compatible sensible contracting platform. The partnership will deliver decentralized oracle companies to the rising EON ecosystem, supporting a variety of use circumstances, together with DeFi, gaming, and NFTs.

Horizen’s EON is a totally EVM-compatible sensible contracting platform and the primary of many sensible contract sidechains on the Horizen ecosystem. Band Protocol’s flagship oracle answer allows Horizen EON to achieve entry to real-time value feeds for tokens throughout completely different chains, offering a secure and dependable supply of knowledge for EON because it builds out its DeFi, gaming, and NFT ecosystem.

By aggregating and connecting real-world information and APIs to sensible contracts, Band Protocol permits sensible contract functions to be constructed on EON with out counting on the one level of failure of a centralized oracle. This integration permits builders to reinforce and lengthen their sensible contract capabilities on EON.

“Partnering with Band Protocol is a significant milestone in our mission to offer a safe and scalable ecosystem for decentralized functions,” mentioned Rob Viglione, Co-Founder and Chief Govt Officer of Horizen Labs. “With their dependable oracle companies, we are able to broaden the probabilities for sensible contracts on EON and empower builders to create revolutionary options for DeFi, gaming, and NFTs.”

“We’re excited to announce our integration to Horizen, delivering decentralized oracle companies to their EON ecosystem. With the addition of Band Protocol’s sturdy and safe oracle answer, we empower Horizen EON with real-time value feeds and trusted information for sensible contracts. This collaboration will unlock new potentialities for DeFi, gaming, and NFT functions whereas cultivating a extra resilient and decentralized blockchain ecosystem,” mentioned Sireethorn Satchatippavarn, CSO of Band Protocol.

Horizen EON is presently reside on its everlasting public testnet, Gobi, which is supported by a community of merchandise, integrations and instruments, together with Band Protocol. With the partnership between Horizen and Band Protocol, the EON ecosystem is poised to welcome a wealth of dApps and companies within the coming months.

The mix of EON’s EVM compatibility, Horizen’s zero-knowledge enabled cross-chain protocol, and Band Protocol’s decentralized oracle companies will create a permissionless, interoperable, and customizable blockchain ecosystem for builders and customers alike.

About Horizen

Horizen is a layer 0 public blockchain that permits the zero-knowledge community of blockchains powered by the most important node system and a massively scalable cross-chain protocol, Zendoo. Horizen gives instruments for builders to custom-build non-public or public blockchains and dApps with a stage of flexibility unmatched by others. Horizen is EVM-compatible by means of its sidechain EON. By constructing on Horizen, builders have the liberty to totally customise their blockchains together with consensus, pace, privateness and crypto-economies. Blockchains constructed on Horizen produce large throughput with out compromising decentralization. For extra info, go to Horizen’s web site.

About Band Protocol

Band Protocol is a cross-chain information oracle platform with the aspiration to construct high-quality suites of web3 improvement merchandise. The flagship oracle answer aggregates and connects real-world information and APIs to sensible contracts, enabling sensible contract functions similar 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 corporations on the earth, and the main cryptocurrency trade, Binance*.*

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