Band Protocol has chosen Router Protocol as the first Data Tunnel provider for its Band v3 upgrade. The Data Tunnel component aims to broadcast price data from BandChain to other blockchains and smart contract platforms, improving cross-chain communication and allowing developers to access real-time decentralized asset prices. The collaboration between Band Protocol and Router Protocol will revolutionize the flow of price data across blockchains and the Web3 ecosystem. The Data Tunnel leverages BandChain's Concurrent Price Stream and employs the Threshold Signature Scheme for secure and cost-efficient transmission of price feeds. Router Protocol, a blockchain interoperability platform, will decrypt and forward price feeds from BandChain to other supported blockchains, thereby facilitating safe and effective data transmission. This partnership will benefit developers building decentralized applications (dApps) by providing easy access to real-time price data, crucial for DeFi and tokenized assets. It will also drive the integration of Band Oracles on Router's supported blockchains to advance the Web3 ecosystem.



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