TomoChain integrates with Bluzelle Decentralized Oracles, Bringing greater security to DEX:

It is of great pleasure to inform all that Bluzelle has partnered with TomoChain. TomoChain is an efficient Blockchain powered by proof of stake voting consensus. This merge is to enable trusted real-time price fees and improve the DeFi offerings provided to developers.

TomoChain gives several features to enhance user-friendly, privacy-focused Dapps including a DeFi platform to drive mass market applications. TomoX is a protocol that makes the launch of DEX easier with very few steps for developers and is set to offer the fastest DEX experience in the market. Also, TomoDEX which is the first decentralized exchange powered by TomoX protocol now supports series of major and developing cryptocurrencies.

Bluzelle aims to be the go-to-data layer for web 3.0 by providing a decentralized data network. The Bluzelle Oracles aim to further promote DeFi with historical price feeds, powered by Bluzelle’s unique database and data analytics. Bringing into the Blockchain real-world market data from diverse decentralized sources. Bluzelle also supports on-chain data and historical information to be kept safe on Bluzelle database with very good scalability.

TomoChain’s partnership with Bluzelle Oracles will offer more comprehensive set of data solutions to developers who build on their blockchain as well as providing TomoDEX the most dependable real-time price day feeds.

Kyn Charturvedi,The CBDO of TomoChain explained that Bluzelle has lead the path for decentralized databases and the Oracle solution will tap right into it, affirming that it will give greater advantages to the developers of TomoChain, providing advanced statistical metrics that are tied to the logs of historical data right out of the box. He further expressed his feelings of excitement regarding the innovative ways it could be of importance around pricing information for all things including prediction markets and customized pricing indexes. He aslo stated that, while they expand beyond pricing data it could birth a suite of new applications that are yet to be seen in the space.

Bluzelle and TomoChain both have similar vision of providing greater privacy, scalability and security to dApps, most importantly for DeFi.

Pavel Bains, the CEO of Bluzelle explained that TomoChain is a long-standing Blockchain, saying it is always responds and adapts to the needs of it’s customers. He made known that he has known the team for years and given their strong roots in Asia, they both view firsthand the blockchain growth in this part of the world. Pavel also added that he is excited about finding a way for both projects to execute on a solution together.

Given the wide range of products and protocols that are built by TomoChain, the two teams will work intimately and cooperate to explore widely in order to drive mass adoption in dApps and DeFi.

About TomoChain:

TomoChain is a scalable blockchain-powered through the modified Proof-of-stake voting consensus. It is globally used by companies commercially. TomoChain’s mission is to speed-drive the onboarding of millions of users by empowering the current applications with a kind of technology that conceal the friction of blockchain, even as it’s underlying benefits remain retained.

Below are TomoChain’s technology and DeFi-focused flagship products:

• Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatible
• An array of original features and protocols is designed to enhance speed, privacy, usability and liquidity needs found in just one platform.

Webiste: https://tomochain.com

About Bluzelle:

Bluzelle aims to be the go-to-data layer for web 3.0 by providing a decentralized data network which is tamper-proof and of higher privacy, scalability and availability more than traditional solutions. Powered by Cosmos, Bluzelle handles 10,000 TPS and it is a delegated proof of stake. The DeFi solutions provided by Bluzelle are developed to enhance DeFi with historical price feeds as well as providing data analytics, 360 degrees views and lots more. Bluzelle’s infrastructural services is of great importance as DeFi keeps growing.

Website: www.bluzelle.com

Written by: Berry Brains