DeCredit partners with SupraOracles to empower Web3
DeCredit and SupraOracles have reached a strategic partnership. SupraOracles is a cross-chain oracle solution with five advantages: true decentralization, massive scalability, premium security, quick finality, and cross-chain interoperability.
SupraOracles strives to bridge the gap between real-world data and blockchain. It also provides a revolutionary oracle toolset to the developer community, allowing them to easily construct, deploy, and manage data applications with top-notch performance, agility, and robustness.
The SupraOracles team includes experts with experience in the architecture of consensus mechanisms, randomness research, investment banking, real-time data-driven services, traditional stock exchanges, digital securities, DeFi/DLT, Blockchain, and big 4 consultancies.
DeCredit is committed to becoming world-leading credit oracle, aiming to integrate off-chain credit data into the Web3 protocol, thereby forming a complete on-chain to off-chain credit data chain, allowing users to obtain ownership of their own data and truly gain the dominance of network identity rights.
DeCredit and SupraOracles aim to build a more comprehensive infrastructure to empower the Web3 ecosystem. DeCredit team’s extensive experience has led it to accumulate trusty credit algorithms. SupraOracles will aid in the integration of real-time data from APIs and databases into the Decredit. As part of this collaboration, SupraOracles and DeCredit will scale DeFi with the capacity to collect off-chain and cross-chain data.
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“DeCredit is a credit oracle that connects the worlds of credit and blockchain. Our blockchain Oracle solutions have been shown to be extremely effective in balancing decentralization, scalability, security, and assurance. This is a superb partner to have as we continue to provide tools for developers and entrepreneurs who want to take their projects to the next level.”
Jack Hsu, CEO and Co-founder of DeCredit, commented:
Supra is an incredible project that improves efficiency and provides cross-chain interoperability. The SupraOracles team has spent more than three years on R&D and simulations, a level of dedication rarely seen. We’re thrilled to partner with them!
SupraOracles connects the worlds of traditional financial markets and Web3. By providing a strong cross-chain oracle, we hope to empower the developer community. SupraOracles combines real-world data with public and private blockchains, enabling interoperable smart contracts to safeguard the future of financial markets. It also gives developers a toolbox for creating, deploying, and managing data applications that are faster, more agile, and more reliable.
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With the Credit Oracle protocol, DeCredit is committed to enhancing web3. The data barrier between on-chain and off-chain can be broken down by importing off-chain credit data into the blockchain realm, allowing users to gain data ownership and self-sovereignty. DeCredit Oracle uses globally distributed credit nodes and DAO governance to provide a more secure and reliable web3 infrastructure. DeCredit’s objective is to enhance web3 and investigate new use cases such as DeFi, GameFi, NFT, SocialFi, and RWA.
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