The post B2 Network to Advance Smart Contract Data Reliability by Partnering with Band Protocol appeared on BitcoinEthereumNews.com.

B2 Network, a Bitcoin L2 scaling solution, has recently announced a new partnership with Band Protocol, a well-known cross-chain data oracle forum. The partnership targets delivering smart contracts that have tamper-proof, decentralized, and secure data. This ensures the security and reliability of data to benefit consumers. B² is excited to partner with @BandProtocol, a cross-chain data oracle platform that connects real-world data and APIs to smart contracts, enabling DeFi, prediction markets, and blockchain gaming to operate securely on-chain—without relying on centralized oracles. Together we… pic.twitter.com/YbvMWm2J1y — B² Network | BTC Layer2 (@BSquaredNetwork) February 10, 2025 Now users can expect relatively scalable and resilient DeFi applications following this development. The collaboration unlocks exclusive possibilities concerning DeFi, blockchain gaming, and prediction markets. B2 Networks has disclosed this news to the community through its official social media, X account. B2 Network Strives to Increase Data Reliability for Smart Contracts B2 Network deems the partnership with Band Protocol as a crucial move to facilitate the consumers. The collaboration provides decentralized, secure, and immutable cross-chain data for smart contracts. Band Protocol plays a noteworthy role in this respect with its efficient oracle solution. It reportedly links smart contracts to the real-world data as well as APIs. This guarantees their effective operations and eliminates the requirement for reliance on centrally controlled mediators. With the integration of the decentralized oracles of Band Protocol, B2 Network focuses on improving the reliability and security of data. Thus, the DeFi applications become comparatively scalable and robust. The provision of the trustworthy and accurate data to smart contracts is a noteworthy challenge in the case of the blockchain-based and DeFi applications. Conventional blockchain networks cannot natively access external data hence oracles become the decentralized ecosystem’s essential part. On the other hand, Band Protocol offers a verifiable and scalable way to provide…

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Filed under: News - @ February 10, 2025 11:11 pm