In a newly announced collaboration, Project Wanchain has partnered with Band Protocol, which offers a cross-chain data network oracle focused on Web 3.0.

In an official tweet, Wanchain mentioned that the partnership will allow them to enhance their capabilities to bring off-chain data to Wanchain-based DApps in real time.

in official post On the Medium website, Band Protocol said the Wanchain team has been working closely with them for the past months on the “BandChain testnet 2”.

Band Protocol added that integration with Wanchain will help them enable a secure, real-time, and trusted oracle for developers, providing them with the foundation for an interoperable financial system.

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Suravis Srinawakon, co-founder and CEO of Band Protocol, said:

Band Protocol is looking forward to Wanchain joining the BandChain ecosystem as an auditor, expanding mutually beneficial cooperation in our strategic partnership.

We are excited to see Wanchain’s rapidly growing ecosystem and will continue to provide support through a decentralized oracle as the reliability and security of off-chain data becomes increasingly important.

Band Protocol works as an Oracle data network, collecting and linking real-world data and APIs to smart contracts.

Band Protocol also enables smart contract applications to be built in different disciplines such as DeFi, prediction markets, and gaming on the blockchain.

On the other hand, Wanchain provides the infrastructure to connect the decentralized financial world, and allows the flow of digital assets and data across the globe by connecting all public and private blockchains.

Commenting on Wanchain’s integration with the leading blockchain-based Oracle network, Wanchain CEO and founder Jack Lew said:

We are really excited about the new capabilities that Band Protocol v2 will bring to Wanchain DApps including real-time data communications with any data source or APIs.

We are confident in their ability to become a major player in the Oracle field and will support their mission as a validator on the BandChain Network.

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Band Protocol mentioned on Twitter that integration with Wanchain will ensure BandChain security and decentralization are always on top.

4 / 🔐 $ Band You will support Wanchain!

The WAN dollars The community will be able to contribute to the decentralization and reliability of the Domain Protocol or Oracle supporting Wanchain-based core DApps by staking $ Band On behalf of the Wanchain node.

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BandProtocol May 8, 2020

The partnership will also allow the Wanchain community to contribute to the reliability and decentralization of the Band Protocol while the latter powers Wanchain-based dApps via BAND token signing.

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