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Horizen and Band Protocol have announced a strategic partnership to develop decentralized oracle services. The collaboration was made official via a statement on Horizen’s Twitter account. The partnership aims to bring decentralized oracle services to the expanding EON ecosystem, supporting a wide range of use cases, including DeFi, gaming, and NFTs.
Horizen and Brand Protocol Form Strategic Partnership
“We are excited to announce our strategic partnership with Band Protocol, a cross-chain data oracle platform, to provide real-time price feeds and reliable data for our EVM-compatible smart contract platform, Horizen EON,” a statement in the blog post read. “This partnership will bring decentralized oracle services to our growing EON ecosystem, supporting a multitude of use cases, including DeFi, gaming, and NFTs.”
Horizen Shares Details on Oracle Solution of the Protocol
Further in the blog post, Horizen shared detailed insights regarding the partnership and Band Protocol’s oracle solution. It highlighted how Band Protocol’s flagship oracle solution will serve as a secure and reliable information source for Horizen EON:
Horizen’s EON is a fully EVM-compatible smart contract platform and is the first of many smart contract sidechains in the Horizen ecosystem. Band Protocol’s flagship oracle solution provides Horizen EON with real-time price feeds for tokens across different chains, serving as a secure and trustworthy information source while building the DeFi, gaming, and NFT ecosystem for EON.
