BlockchainBrad: Band Protocol Update | Decentralized Data Governance | BlockchainBrad | Crypto Interview | Oracle

  • Saturday, 07 December 2019 01:30
Here's a free update with Band Protocol's CEO. BlockchainBrad talks crypto oracles, decentralised data governance and much more with CEO, Soravis Srinawakoon. Band Protocol connects smart contracts with trusted off-chain information, provided through community-curated data providers. BAND provides a standard framework for the decentralized management of data, serving as a fundamental query layer for applications that requires access to off-chain information. It's a data governance framework for Web 3.0 applications. Bring Blockchain Closer to Mass Adoption Data availability and reliability in decentralized platforms has restricted adoption since the inception of smart contracts. Band Protocol provides a standard framework for the decentralized management of data, serving as a fundamental query layer for applications that requires access to off-chain information. This eliminates the critical centralizing trust and points of failure that the oracle problem typically introduces to decentralized applications with other designs. Connect to Real-World Information Without access to external data, the use cases for dApps are limited. Prediction markets are too illiquid to be practical. Band Protocol provides community-curated on-chain data feeds, backed by strong economic incentives which ensure the data stays accurate. Timestamps: 0:15 Intro 1:10 Utility of BAND 1:20 Why do we need BAND and decentralised Oracles 3:00 Industry Risk: discussion on Maker & Dai 3:34 Why do we need BAND today? 6:40 Application and Proof in Real Utility 7:06 Road Map & Plan 8:00 How BAND works. 9:20 Authentically decentralised oracles 10:11 wHAT sets band apart? 12:00 Fundraising: correlation between token and platform 13:16 Applications and products 14:10 Work token 14:30 The imperative of community support 17:00 The integrity of tech & team. Power of pumps (discussing chainlink) 17:55 Billion dollar industry: oracles 21:00 The power of media. organised Marketing plans, reference to Chainlink 21:50 Price does not reflect tech of today 22:17 Shift from real profit. investors are more sophisticated. price discussion 24:00 Sound Token Modelling 24:30 External support. Devs outside of BAND 26:00 The location of the team. Why Thailand? Asia focus 29:00 A lot is going on in ASIA with BAND 34:00 partnership and Real World planning of BAND 38:40 Expansion Growth of BAND- user- centred 39:30 Other infrastructural tech. BAND integration 41:30 TOKEN: Decline in value. Why? Why so much flux? 44:10 Binance discussion: tough questions. BAND is bullish on Binance. 45:40 Is Binance supporting BAND long term? 47:20 U.S. Plan. Expanding to other exchanges in the U.S. 48:30 Sequoia- VC- What's the facts and nature of their support. 49:30 Sequoia is sequoia- globally. 50:58 MainNet, plan 2020. Big year for BAND. Cross-Chain compatibility. 52:00 Team- growing? 54:20 Partnerships with legit media outlets. 55:40 Utility. more discussion 56:20 Closing statements ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Links: Website: https://bandprotocol.com/ Twitter: https://twitter.com/bandprotocol Medium: https://medium.com/bandprotocol telegram: https://t.me/bandprotocol ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ► Join BlockVera on twitter: @BlockVera ► Check out BlockVera on youtube: https://www.youtube.com/watch?v=Af4pD... ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● INVESTMENT DISCLOSURE: I have not invested in BAND. This is not Financial Advice. #DYOR always. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This interview with Soravis was 100% free in every way, not tokens, no under the table deals. I believe that reasonable and fair sponsored or paid content is not a problem if disclosed openly to the community. This is not Financial Advice. Please #DYOR. Note: there was NO subsequent donation either, this was a FREE INTERVIEW. I reached out to Soravis based on research and he agreed to do the interview. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner. #BlockchainBrad #datagovernance #oracle #BandProtocol #Web3 #Datasets #curateddata #trusteddata #decentralizeddata

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