BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

WanChain Integrates DIA Oracles And Price Feeds

by Dalmas Ngetich
Aug 5, 2022 - 12:00 am
in Blockchain
WanChain Integrates DIA Oracles And Price Feeds

On August 04, 2022, WanChain, a cross-chain interoperability solution, integrated DIA(decentralized information asset) on its mainnet.

#DIA is live on #Wanchain! @DIAdata_org is a multi-chain, end-to-end, open-source data and oracle platform for Web3. DIA has added feeds for a variety of #Wanchain assets such as including $WAN.

📖 Read more: https://t.co/zVIBlBDN9D

— Wanchain (@wanchain_org) August 3, 2022

DIA is a decentralized and open-source platform that enables sourcing and validation. This platform also specializes in transferring verified, and transparent data feeds for traditional and digital financial applications.

In addition, DIA included a price feed system that tracks WanChain native token $WAN coin and various other WanChain assets.

DIA price feeds track over 2000 crypto assets, over 20,000 traditional financial equities, and more than 18,000 NFT assets.

To provide an accurate price result, DIA transparently sources trade data directly from various off-chain and on-chain sources.

This ability to source data in a vast array of chains enables DIA to build customized price oracles, thereby reshaping the way oracles function.

WanChain is an L1 chain that uses a PoS system. The platform is similar to the Ethereum (ETH) network and compatible with industry-standard dApps, protocols, Ethereum (ETH) tools, and monero-style private transactions.

The PoS consensus algorithm system that WanChain uses is called Galaxy consensus, and it takes advantage of a broad array of cryptographic schemes.

Experienced researchers and academics developed the galaxy consensus as a continuation of Ouroboros on the Cardano (ADA) network.

WanChain decentralized system creates cross-chain bridges that connect EVM and non-EVM networks in a non-custodial way.

Integrating DIA into its system is a big win for the WanChain network, and according to Michael Weber, DIA Association president, the WanChain ecosystem will benefit tremendously from this partnership.

They will be able to leverage DIA transparent and accurate oracles to expand the capacity of their dApps resulting in the development of various use cases in the GameFI, DeFi, and NFTfi world.

On the other hand, DIA will benefit from the ecosystem as there will be the easy deployment of price oracle for wanchain assets on the WanChain platform.

Tags: BlockchainDIAWanchain
Dalmas Ngetich

Dalmas Ngetich

His primary focus is on technical analysis (crypto is, obviously, *not* crypto without the twirls of price action), the magic of DeFi, and NFTs. He is specifically training his eyes and effort on DeFi—and how the tech is changing investment, opening up opportunities for everyone—and the possibilities of NFTs.

Related Posts

Officials from Binance and the Royal Thai Police uniting in a strategic meeting to combat crypto-related crime.

Binance Aids Royal Thai Police in $277M Crypto Scam Takedown

October 3, 2023

Binance and the Royal Thai Police have teamed up to apprehend a major crypto scam ring, securing assets...

Screenshot of the Kaspa Wallet's user-friendly interface.

Kaspa Wallet: The Future of Digital Currency Management

October 3, 2023

Kaspa Wallet is leading the way in digital currency management, championing global adoption, environmental responsibility, and top-tier security...

Graphical representation of LightlessCan malware bypassing security barriers, depicting its stealthy and dangerous nature.

Advanced Malware LightlessCan in Lazarus Group’s Arsenal Spells Trouble for Crypto Firms

October 2, 2023

The malware LightlessCan, employed by Lazarus Group, is a silent but deadly threat, evading detection with its enhanced...

Brad Garlinghouse announcing the update on the Fortress Trust acquisition.

Ripple Abandons Planned Fortress Trust Acquisition Deal

September 29, 2023

Ripple, in a sudden twist, cancels the intended acquisition of Fortress Trust, emphasizing continuous support and investment in...

Press Releases

David Ferrucci next to the Elemental Cognition brand emblem.

BM Watson’s Lead Developer Secures $60M for New AI Venture, Elemental Cognition

August 18, 2023

David Ferrucci, has raised a remarkable $60M for his AI startup. The company brings forward two pioneering chatbot solutions designed...

pulse5

Amsterdam Gets with the Dutch Blockchain Days the Biggest Event of the Benelux in the Field of Blockchain, Crypto Currencies, NFTs and Other Web3 Developments

May 8, 2023

Discover the future of blockchain, crypto, NFTs, and Web3 at Dutch Blockchain Days, the largest event in Benelux.

pulse4

Korea Blockchain Week 2023 Set to Push the Boundaries after Record-Breaking 2022 Event

May 8, 2023

Korea Blockchain Week 2023 returns after a highly successful 2022 event, featuring leading experts and the latest trends in blockchain...

pulse3

Istanbul Will Be Hosting Eurasia’s Largest Blockchain Event Once again on May 8–11, 2023

May 8, 2023

Join Eurasia's largest blockchain event, the Blockchain Economy Istanbul Summit, May 8-11, 2023, and discover the future of financial technology.

View All
BTC-Pulse LogoTransparent

© 2023 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2023 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise