Band Protocol (BAND Token) Explained Simply

Band Protocol is often described as a blockchain-agnostic, decentralized data oracle platform that connects real-word data and APIs to smart contracts. The reason for a data oracle is simple; blockchains are not equipped to access trusted, real-world data, they are only good for storage. Through Band Protocol, smart contracts get the boost they need to allow access to reliable data. BandChain is designed to be compatible with most smart contract and blockchain development frameworks. It does the heavy lifting jobs of pulling data from external sources, aggregating them, and packaging them into the format that’s easy to use and be verified efficiently across multiple blockchains.

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