BAND Protocol- What Sets this Digital Asset Apart

in blurtech •  4 years ago  (edited)

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BAND is the 83rd largest cryptocurrency by marketcap, and was recently added to Coinbase. The Band Protocol is a dynamic cryptocurrency project that enables developers to grab data across blockchains, and can even gather data from outside it's blockchain for analysis.

BAND is a cryptocurrency project that enables real-world businesses to utilize the power of a decentralized computer network. It is currently on sale at $6.10 after a double-digit drop last night. BAND had a 52-week high of $15.32, and has dropped below resistance recently. BAND is also one of the fastest growing cryptocurrency projects of 2020 after transitioning from an ERC20 Ethereum token to its own Bandchain Protocol.

BAND has partnered with a large number of blockchain projects and businesses including Coinmarketcap, Tron, Icon and Swipe. Aside from these high-profile partnerships, BAND is very liquid and is traded on Coinbase and Binance. You can stake BAND on the Atomic Wallet and earn a monsterous 17% APR yield.

You can read about BAND's BAND's partnerships and developments below on their Medium Page:
https://medium.com/bandprotocol/partnerships/home

BAND's technological strength is in its ability to draw on multiple blockchains and outside sources as well. A company can use Bandchain Protocol to build smart contracts that can efficiently extract and analyze data that is decentralized and on a blockchain. A blockchain is an immutable record, and data storage requirements of a business may be reduced if decentralized systems are used. I am a BAND bull, and am staking it on the Atomic Wallet staking feature.

Originally published in my blurt account at the link below:
https://blurtter.com/blurtech/@dominion01/band-cryptocurrency-what-sets-this-digital-asset-apart

Also published in my Steemit account at myblurtrides1.

Sources:

Picture from Pixabay.

https://coinmarketcap.com/currencies/band-protocol/

https://bandprotocol.com/

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