CHK Wallet cooperates with BandChain to improve transaction speed and data accuracy

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2021-06-11 05:11:29

Since October 2020, CHK Wallet has officially integrated Bandchain’s decentralized oracles system into the wallet’s system and continues to expand cooperation between the two, CHK Wallet now integrates BandChain and Band Protocol. into product development with the application of exchange rates.

After 8 months of companionship, CHK Wallet has now successfully integrated BandChain – a high performance blockchain platform built for Oracle data. CHK Wallet users can easily access 230 dong to digital assets. BandChain is currently preparing for Mainnet Phase 2 with many expected breakthroughs, such as increasing data processing speed up to 800% and continuous growth in application speed that can help the total value of Band Protocol crosses the $10 billion mark.

CHK Wallet currently supports native token of BandChain (BAND). Users can store, send and receive BAND on CHK Extension Wallet from version 5.1.0 onwards and on upcoming CHK Mobile Wallet version X. Bandchain is also working hard with CHK so that users can stake BAND directly on CHK Wallet in the near future. Moreover, on the special mobile version scheduled to be released in early June, CHK Wallet will support users with the exchange rate function. With the synergy of Band Protocol’s optimized connection speed and decentralized oracle system, version X ensures the most accurate forex conversion rates for users, across a wide range of currencies USD, JPY, VND, CNY, etc

CHK Wallet cooperates with BandChain

“Speed ​​and accuracy are the most important factors in the Defi market and understanding that, the CHK Wallet team has been working closely with Band Protocol to enhance both of these elements in our system. we. CHK Wallet is excited and excited to form a partnership with an oracle system that holds a strong 2nd position in the market. CHK Wallet will continue to support Band in further projects, including Mainnet Phase 2, in order to take longer strides towards a common goal: promoting the widespread adoption of cryptocurrencies and blockchain technology. around the world by delivering the best user experience.”Vinh The Nguyen, Co-Founder & CTO of CHK Finance.

“Not everyone knows that decentralized oracles such as Band Protocol can be applied to web/mobile applications as well as smart contract protocols, ensuring security and reliability in all information provided to users, thereby helping them make informed decisions. We are very proud to have developed a relationship with CHK Wallet and look forward to supporting CHK Wallet as they begin to delve further into the blockchain space. “- Kevin Lu, Head of Business Development & Growth of Band Protocol.

About Band Protocol

Band Protocol is a cross-chain data platform that aggregates and connects real-world data and APIs with smart contracts. The immutability of data and the verifiable, uncertain algorithm is a strong point of Blockchain, but Blockchain still has many difficulties in accessing data outside the system. Band Protocol allows smart contract applications like DeFi, prediction markets, and games to be built on-chain without depending on a single point of failure of a centralized predictor. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the leading venture capital firms in the world, and Binance.

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About CHK Wallet

CHK Wallet is a non-custodial cryptocurrency wallet used for storing, managing, trading, and swapping multi-chain, multi-source digital assets. CHK Wallet currently supports all BTC, ETH, TOMO, Tron, Binance Smart Chain, Solana, Polkadot, Kusama, Huobi ECO Chain, Near, Avalanche, Binance Chain, Celo, Band, Kava, Cosmos, Thor, Fantom tokens , Polygon, Persistence. CHK Wallet has both Mobile App and Extension versions, becoming a gateway connecting users closer to the DeFi world.

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