RAZOR Network provide integration and usability on multiple blockchains through Knit Finance Partnership
The oracle decentralization for DeFi is important to Razor Network to increase the innovation in the space and provide a solution that is seamless to its user. As scalability (network congestion) is one of the major problems relative to the blockchain, Razor through a partnership with amazing projects has launched features/products that crypto enthusiast can leverage upon with ease.
Razor Network New Partnership and The Key Note
As there are many blockchain/protocol with different functionality and solution, it is important to have a system that combines the solutions in one single protocol for effective result. Razor Network seal up a partnership cap with Knit Finance to provide an interoperability function in the network oracle solutions and data feeds.
This new milestone through Knit Finance will activate the provision of oracle solutions across multiple blockchain such as Matic Network, Elond, Binance Smart Chain to mention but a few.
How Does This Work?
Knit Finance is a decentralized network for creating cross-chain wrappers for real-world assets and crypto-assets. The partnership will come with the integration of Razor native token on its multichain platform to issue wrapped K-RAZOR tokens. This process will allow the transaction of $RAZOR tokens across multiple blockchains in a wrapped token state.
This solution provided will increase RAZOR and nit Finance services and usher in more investors. The DeFi industry is growing and the only project with a strategic and user comfortability mindset will continue to grow.
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Razor Network is a decentralized Oracle network, and it provides secure and reliable real-world data feeds for various blockchain-based applications and services.
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RAZOR Network provide integration and usability on multiple blockchains through Knit Finance… was originally published in DataDrivenInvestor on Medium, where people are continuing the conversation by highlighting and responding to this story.