Band is web 3 project? Right?

Hey there, Band Protocol provides a secure, blockchain-agnostic, decentralized oracle framework for Web 3.0 applications. It connects smart contracts with trusted off-chain data and ensures data integrity through token economic incentives, effectively creating a trusted information bridge between the Web 2.0 and the Web 3.0 of the future.

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02.12.2021

Jojy Chacko

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
Hey there, Band Protocol provides a secure, blockc...

Web 3 iteslf means decentralised internet. Then the smart conntracts need oracle network to get trusted data in a decentralised system ? Or oracle is optional?

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02.12.2021

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST

Jojy Chacko
Web 3 iteslf means decentralised internet. Then th...

Smart contracts can't access information/data from the world outside the blockchain on it's own for this they require an oracle that aggregates and connect real-world data and API's to it.

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02.12.2021

Jojy Chacko

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
Smart contracts can't access information/data from...

Web 3 means decentralised internet and it will build on blockchain. Then smartcontracts need oracle or they get data without oracle thats my question bro

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02.12.2021

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST

Jojy Chacko
Web 3 means decentralised internet and it will bui...

It will require an oracle, buddy.

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02.12.2021

Jojy Chacko

Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
It will require an oracle, buddy.

Ok bro. Thank you. I hope if it require an oracle for web 3 ,applications should move decentralised Band protocol instead of centralised chain link

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02.12.2021