Band Protocol launches private oracle on COTI testnet

#BandProtocol , a decentralized oracle network, has gone live on #COTI ’s #testnet as part of its integration with the COTI #Layer2 ecosystem. The collaboration utilizes COTI’s Privacy-on-Demand feature, enhancing data security for #Web3 applications.

Band Protocol enables decentralized applications (dApps) to access external data, such as market prices and event outcomes, without compromising security. Developers on COTI can now use Band’s price feeds for assets like $COTI , $BTC , $ETH , and #USDC. The protocol is expected to launch on COTI’s #mainnet in the future.