DIA aims to provide verified and transparent oracles for the DeFi economy. Decentralised Information Asset (DIA) is an open-source oracle platform that enables market actors to obtain and share reliable data.
What is DIA (DIA)?
DIA is an ecosystem for open financial data in the financial smart contract space. DIA’s goal is to bring together data analysts, data providers, and data users. Generally, DIA provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts used for various financial dApps.
On the other hand, DeFi applications rely on reliable and scalable data flows to create trustworthy products and avoid abuse and manipulation. DIA utilizes crypto-economic incentives and the wisdom of the community to obtain, verify, and present reliable financial data.
The DIA platform operates in 3 stages:
- Source Finding: Data source provision and data verification rewards are financed and completed with DIA tokens. All data is pulled from primary sources to DIA servers.
- Provision: The DIA database is hashed on the chain, and all scraper code and documentation are hosted on Github. All data is accessible via API endpoints or Oracles.
- Access: Lending platforms, index providers, prediction markets, and other users can freely access DIA’s open-source, verified data streams.
In addition, DIA emphasizes three elements: transparency, verification, and scalability. According to statements, DIA’s data feeds are open-source and accessible, aiming to create a transparent ecosystem.
Furthermore, DIA data is verified by the entire stakeholder community, and the decentralized data source allows for easy scalability.
According to CoinMarketCap, DIA Coin is ranked 380th with a trading volume of $56,277,023. At the time of writing, DIA Coin is trading at $1.99 and is also trading at 0.00004302 BTC against Bitcoin. It should be noted that DIA Coin’s 24-hour trading volume is $28,919,376.
Additionally, DIA Coin reached its all-time high on September 2, 2020, at $5.17, while its lowest level was seen on August 4, 2020, at $0.7916. Currently, there are 28,271,916 DIA Coins in circulation, and the total supply of DIA Coin is stated to be 200,000,000.
Where to Buy DIA Coin?
DIA Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy DIA Coin, one must first register with Binance and then send fiat money. After sending fiat money like dollars, DIA Coin can be bought in the trading pair with Tether (USDT), BUSD, Binance Coin (BNB), or Bitcoin (BTC).
In addition, at Binance, users can place an order to buy at a lower price than the market value. For this, it is sufficient to use the Limit tab and enter the amount you want to buy and the price you want to pay.
