Decentralized finance, since its inception during the infamous ‘Defi Summer’ of 2020, has grown to a considerable height. We now hear news of banks trying to incorporate blockchain technology( like the PBOC of China) and offer their services in a decentralized manner e.g, Lending. We all know the stress one…

DAO means Decentralized Autonomous Organization. A decentralized autonomous organization is one in which the stakeholders get to actively participate in the decision-making process of that organization. To make such decisions, stakeholders need to acquire voting rights and this is easily done by owning a governance token. …

Paribus, a pioneering cross-chain lending and borrowing platform built on the Cardano blockchain, offers a revolutionary method for monetizing verifiable off-chain assets by fusing non-fungible tokens (NFTs) with decentralized finance (DeFi). Paribus’ ultimate objective is to harness untapped on-chain value across the entire crypto industry as it strives to create…

Decentralized finance (DeFi) works similarly to traditional finance in that it offers services like borrowing and lending, in a decentralized manner thereby doing away with the drawbacks of centralized systems while providing higher interest rates. Decentralized finance tools have produced immersive economies that are rapidly being improved as the user…

The first half of the year was amazing for Umbrella Network. Milestones reached from January to June included partnership with Knit Finance, Klever Finance, Kommunitas, Flagship and Autobahn Network,among many others. …

The Future of Umbrella Network Umbrella Network, a decentralized oracle service launched in 2021 is not just a community-owned network, but one providing secured, low cost and scalable solutions for smart contracts. This network is different from other oracle services as it provides over 4000 financial data pairs to blockchain…

A REVIEW OF THE UMBRELLA NETWORK: THE UPDATED RUNWAY SCHEDULE The Umbrella team has declared that they will keep up their efforts to assure the growth and advancement of the Umbrella Network and that they will keep the community updated on their progress even while they are actively looking for…

BLOCKCHAIN ORACLES: BRINGING THE WORLD’S DATA TO BLOCKCHAINS For many of the predicted use cases for Smart Contracts, it has been demonstrated that Oracles are essential. …

WHAT MAKES UMBRELLA NETWORK UNIQUE? Umbrella Network is a decentralized, layer-2, blockchain-agnostic oracle that conveys real-world data to the smart contracts supporting decentralized applications (dApps). From crypto prices that need frequent updates to sports statistics, intricate computations, and more, the Umbrella Network offers it all, cheaper, faster, and more reliably…