DIA recently went live on OKC and its mainnet. DIA proposes an extensive data library as an end-to-end, multichain, open-source oracle and data platform for Web3.
That is why OKC chooses DIA for its services, one of the most affordable and quickest blockchain networks. The platform is already supporting several innovative dApps on its open-source network.
It allows anyone to create and deploy a decentralized app on the platform. OKC developers will gain multiple digital and traditional asset price feeds using DIA’s oracle and data infrastructure deployment. It will result in OKC supporting multiple dApps, helping a growing ecosystem.
Currently, DIA supports a data library for 20,000 traditional assets, 18,000 NFT collections, and 2,000 digital assets. Moreover, it supports multiple data feeds, including FX rates and lending rates.
DIA operates much differently than other Web3 oracle solutions as it does not use third-party solutions. It crowd-sources data from multiple on-chain and off-chain sources to develop price oracles. Using DIA’s framework, developers can make customized price feeds for multiple dApps.
These apps can be personalized according to different factors, such as data sources, computational methodologies, etc. With this approach, DIA can cater to any asset or data required by different projects. DIA’s data is fetched from 65+ data sources and can add any publicly available asset.
The asset can be added regardless of its trading volume or the number of listed exchanges. Now that DIA has been integrated into the OKC network, both projects will grow their value proposition exponentially. This way, they will help several emerging projects with innovative dApp ideas.