Blockchain Adoption: Horizen, Band Protocol to Deliver Decentralized Oracle Services for Ethereum VM-Compatible Smart Contract Platform

Horizen, a layer 0 public blockchain, is pleased to announce a strategic partnership with Band Protocol, a cross-chain data oracle platform, “to provide real-time price feeds and reliable data for EON, Horizen’s new EVM-compatible smart contracting platform.”

The partnership will bring decentralized oracle services “to the growing EON ecosystem, supporting a wide range of use cases, including DeFi, gaming and NFTs.”

Horizen’s EON is “a fully EVM-compatible smart contracting platform and the first of many smart contract sidechains on the Horizen ecosystem.”

Band Protocol’s flagship oracle solution “enables Horizen EON to gain access to real-time price feeds for tokens across different chains, providing a safe and reliable source of information for EON as it builds out its DeFi, gaming and NFT ecosystem.”

By aggregating and connecting real-world data and APIs to smart contracts, Band Protocol allows smart contract applications to be b”uilt on EON without relying on the single point of failure of a centralized oracle.”

This integration allows developers “to enhance and extend their smart contract capabilities on EON.”

Rob Viglione, Co-Founder and Chief Executive Officer of Horizen Labs, said:

“Partnering with Band Protocol is a major milestone in our mission to provide a secure and scalable ecosystem for decentralized applications. With their reliable oracle services, we can expand the possibilities for smart contracts on EON and empower developers to create innovative solutions for DeFi, gaming, and NFTs.”

Sireethorn Satchatippavarn, CSO of Band Protocol, said:

“We are excited to announce our integration to Horizen, delivering decentralized oracle services to their EON ecosystem. With the addition of Band Protocol’s robust and secure oracle solution, we empower Horizen EON with real-time price feeds and trusted data for smart contracts. This collaboration will unlock new possibilities for DeFi, gaming, and NFT applications while cultivating a more resilient and decentralized blockchain ecosystem.”

Horizen EON is currently “live on its permanent public testnet, Gobi, which is supported by a network of products, integrations and tools, including Band Protocol.”

With the partnership between Horizen and Band Protocol, the EON ecosystem is “poised to welcome a wealth of dApps and services in the coming months.”

The combination of EON’s EVM compatibility, Horizen’s zero-knowledge enabled cross-chain protocol and Band Protocol’s decentralized oracle services “will create a permissionless, interoperable and customizable blockchain ecosystem for developers and users alike.”

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