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What is BandChain?

Crypto Terms Glossary: What is BandChain?

BandChain is the name of the main network that allows the Band Protocol oracle system to operate. The BandChain allows entities to request data from application programming interfaces (APIs) or other traditional web services, facilitating the transfer of real-world data to a blockchain system's online environment. BandChain is built to be compatible with most blockchain and smart contract development frameworks. BandChain pulls data from external sources, aggregates their data, and packages them into a format that can be used and verified efficiently across a multitude of blockchain types.

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