Tuesday, April 23, 2024

Open-Source Oracle Platform DIA Exhibited at the AIBC Summit

The Decentralized Information Asset, DIA, an open-source Oracle platform that is known to provide verified and transparent Oracles for the Defi economy and enables the market action takers to source, supply, and share trustable data, was present at the AIBC Summit.

The event was held in Malta and is considered one of the most significant events related to technology and blockchain.

There is no denying the fact that decentralized finance applications rely majorly on data feeds that are trustable and scalable in order to contribute to the building of reliable products and avoid any sort of misuse and manipulation.

In addition to this, it should be noted that the Decentralized Information Asset, DIA, leverages crypto-economic incentives and the wisdom of the community to source, authenticate, and deliver trusted financial data.

DIA is a Swiss-based not-for-profit association with a team of skilled individuals that carries a vision in their minds to democratize the financial data. Moreover, we should lay an emphasis on the fact that the data sources, strategies, and methodologies of DIA are transparent and are structured in such a way that they are accessible to everyone.

Latest Developments Surrounding DIA

Talking about the recent developments and news related to DIA, we should note that DIA has launched a Digital Asset Index Series, DIAx, on November 25, 2021. As part of their strategies, DIA has entered into partnerships with exchanges like SushiSwap, KuCoin, Okex, Uniswap, Binance, AscendEX, and 1Inch.

DIA, along with Morningstar Indexes, a part of Morningstar Inc., made an announcement regarding the release of the regulatory compliant reference prices and indices that will further enable the investors to benchmark and access digital assets via primitive markets.

There is certainly no denying the fact that DIA is thriving and will keep on rising because it is backed by a volunteering and dedicated team.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

Most Popular