TomoChain to Integrate with Bluzelle Decentralized Oracles to Bring Greater Security to DEX

This article was first published on The Blueprint by Bluzelle - Medium

📢We are excited to announce that Bluzelle has formed a partnership with TomoChain, the efficient blockchain powered by proof of stake voting consensus. They will integrate with the Bluzelle Oracles to enable reliable real-time price feeds and enhance their Defi offerings to developers.

TomoChain offers a series of features to build user-friendly, privacy-focused Dapps and a DeFi ecosystem geared for mass market applications. TomoX, the protocol that allows developers to launch a DEX in just a few steps, is ready to provide the fastest DEX experience in the market. And, TomoDEX, the first decentralized exchange powered by the TomoX protocol, is supporting a set of major and fast-growing cryptocurrencies.

Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network. The Bluzelle Oracles aim to enhance Defi with historical price feeds, powered by our unique decentralized database and data analytics. It brings real-world market data onto the blockchain from various decentralized sources, and also allows on-chain data and historical information to be stored in the BluzelleDB with great scalability.

Integration with Bluzelle Oracles will not only provide TomoDEX the most reliable real-time price data feeds, but also offer a more comprehensive set of data solutions to developers building on TomoChain.

“Bluzelle has been leading the way for decentralized databases. Their upcoming Oracle solution will tap right into that, providing greater advantages for TomoChain developers with advanced statistical metrics tied to logs of historical data right out of the box. I’m excited with the innovative ways this could be used around pricing information for everything from prediction markets to customized pricing indexes. And, as they expand beyond pricing data it could enable a suite of new applications not yet seen in our space,” said Kyn Chaturvedi, CBDO of TomoChain.

Both Bluzelle & TomoChain ...

To keep reading, please go to the original article at:
The Blueprint by Bluzelle - Medium

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