B2 Network, a Bitcoin L2 scale solution, has announced a new partnership with Band Protocol. The collaboration offers decentralized, safe and unchanging cross-chain data for smart contracts. Band protocol plays a prominent role in this respect with its efficient oracle solution. It is said that it connects smart contracts with Real-World data and APIs. This ensures their efficient operation and eliminates the need to rely on centrally controlled intermediaries.
By integrating the decentralized oracles of Band Protocol, the B2 network focuses on improving data reliability and security. This makes Defi applications relatively scalable and reliable. Providing reliable and accurate data to smart contracts is an important problem in the case of blockchain and Defi applications.
According to the B2 network, the cooperation with Band Protocol ensures that the Fashion-proof and decentralized data platform uses. The development would be in accordance with the vision of the B2 network to increase the acceptance and efficiency of Bitcoin L2 solutions. In the ever-evolving blockchain landscape, this partnership emphasizes the dedication of both organizations to create a relatively data-driven and secure decentralized future.
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Credit : cryptonews.net
