DApps on NEAR Protocol Can Natively Access DIA’s Open-Source Oracles

News BTC

DIA Association has announced the integration of its oracle infrastructure with the layer 1 distributed ledger NEAR Protocol. This deployment is set to enable the development of new decentralized applications with easy access to accurate and transparent data provided by DIA.

The NEAR Protocol, live on mainnet since April 2020, is a blockchain network created and developed by the NEAR Foundation, using a proof-of-stake consensus mechanism. The NEAR ecosystem encompasses several verticals including DeFi, with dApps like Maker, Utility/Infrastructure, with tools like The Graph or games such as Near Lands. The NEAR protocol is also home to NFTs, enabling users to create, mint and sell non-fungible tokens through its engine Mintbase.

How To Get Free Crypto  

The blockchain ecosystem has seen a number of new efficiency-driven chains surface, aiming to solve the scalability issue that ledgers like Ethereum are showing due to the increasing block sizes and the number of daily transactions. In the last weeks, DIA has announced the integrations of its data provision with many of these new networks, including chains like Moonriver, Arbitrum, Celo, Shiden and many others.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

DIA has a unique approach to data sourcing compared to other oracle suppliers. The open-source oracle platform collects data at the individual trade level directly from centralized exchange APIs and on-chain from decentralized exchanges, whereas other oracle platforms aggregate a range of premium data suppliers. This allows DIA to make the sources of data fully transparent and customizable to specific use cases. It also enables the flexibility to source data for any asset, regardless of its trading volume or coverage by premium data providers.

Get 110 USDT Futures Bonus for FREE!

Go to Source
Author: NewsBTC


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.