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World

Band Protocol

Coreum

Cosmos

<p>Band Protocol has announced a strategic partnership with Coreum, aiming to bridge Real World Assets (RWAs) and enterprise use cases to the burgeoning Cosmos ecosystem. This collaboration marks a pivotal step towards simplifying the integration and interaction across different blockchain networks, bolstering the capabilities of developers within this decentralized landscape.</p> 
<p><a href="https://bandprotocol.com/" target="_blank" rel="noopener">Band Protocol</a>, known for its robust oracle solutions, is integrating with Coreum to deploy its Oracle network across the Cosmos ecosystem through the innovative CW-Band library. This partnership is set to enhance the utility of Band’s oracles, providing developers with streamlined, efficient tools for incorporating vital external data into their blockchain applications.</p> 
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   <p lang="en" dir="ltr">1/ Dive into the details of how <a href="https://twitter.com/CoreumOfficial?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@CoreumOfficial</a> leverages our CW-Band for reliable on-chain and off-chain data feeds here 👉<a href="https://t.co/7uR4q4cQh4" target="_blank">https://t.co/7uR4q4cQh4</a><br>.<a href="https://twitter.com/hashtag/bandprotocol?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#bandprotocol</a> <a href="https://t.co/CbwHlqvyNW" target="_blank">https://t.co/CbwHlqvyNW</a></p>— Band Protocol (@BandProtocol) <a href="https://twitter.com/BandProtocol/status/1807725537256976637?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 1, 2024</a>
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<h2 class="wp-block-heading" id="bridging-gaps-with-coreum">Bridging Gaps with Coreum</h2> 
<p>Coreum emerges as a game-changer in the tokenization of Real World Assets, distinguishing itself with a unique adherence to the ISO20022 financial standard. This standardization enables Coreum to facilitate seamless interactions across various financial systems, enhancing transaction speed and reducing errors.&nbsp;</p> 
<p>The platform’s specialty in smart contract functionalities through its Smart Tokens positions it as a prime ecosystem for businesses looking to digitize assets, support digital currencies, and develop sophisticated decentralized applications.</p> 
<p>The integration of Band Protocol’s oracles with Coreum’s infrastructure is a strategic move that empowers Coreum’s smart contracts with real-time, reliable data essential for operational efficiency and strategic decision-making. This data integration capability is critical for the accurate and timely execution of smart contracts within the Coreum ecosystem, particularly those involving complex financial transactions and asset tokenizations.</p> 
<h2 class="wp-block-heading" id="enhancing-developer-experience-with-cw-band">Enhancing Developer Experience with CW-Band</h2> 
<p>At the heart of this integration is CW-Band, a dedicated library facilitating the interaction between CosmWasm smart contracts and BandChain’s Oracle services. CW-Band serves as a conduit, allowing developers to access a wide array of real-world data, from market prices to foreign exchange rates, securely and efficiently.&nbsp;</p> 
<p>This integration not only simplifies the development process but also enhances the functionality of applications built on Coreum, leveraging the robustness of Band Protocol’s oracles.</p> 
<p>The addition of CW-Band significantly boosts the capabilities of Coreum’s platform, enabling it to support a diverse range of applications. Developers can now easily incorporate external data into their applications, making them more dynamic and responsive to real-world conditions. This is particularly beneficial for applications in decentralized finance (<a href="https://blockchainreporter.net/defi/">DeFi</a>) and other sectors that rely heavily on timely and accurate data.</p>

Integration Unleashed: Band Protocol’s New Alliance with Coreum Set to Boost Blockchain Efficiency

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