Digital asset data infrastructure company Brave New Coin, announced it is partnering with unique decentralized oracle network Gora.io to power its smart contracts with AI-ready complex computation.
“We’re pleased to work with Gora.io to integrate our high-frequency index and data engines,” said Fran Strajnar, Founder of Brave New Coin. “We look forward to providing Gora.io’s smart contracts with the best digital asset data available.”
As the first “layer 3 solution”, Gora Network is a chain-agnostic infrastructure layer dedicated to providing secure and reliable external data to smart contracts.
Gora’s infrastructure differs from predecessors Chainlink, Pyth, Band and other Oracle providers by being chain agnostic and AI-ready – which greatly expands what smart contracts can do and the freedom to be deployed across multiple chains easily. Its Gora DAO is a platform for decentralized decision-making, where members can propose, discuss, and vote on proposals related to the Gora protocol. Brave New Coin will be among the DAO’s data sources, enhancing data quality and accuracy, node runner strategy, the distribution of rewards and incentives, and more.
“We look forward to maximizing our resources with Brave New Coin’s data, providing users with an multichain AI-ready solution,” said Gora CEO Abdul Osman.
Since its launch in early 2020, Brave New Coin’s cryptocurrency index infrastructure has been in high demand by companies including BTSE and the Toronto Futures Options and Swaps Exchange (tFOSE). BNC provides data and index solutions for several partners including Refinitiv, Amazon Alexa, Dow Jones Factiva, NASDAQ, BTSE.com and many more. When you ask Amazon’s Alexa for the price of any cryptocurrency, her answer comes from Brave New Coin’s data engine.
Fintech News – The Latest News in Financial Technology.
