Open-source oracle platform for DeFi
DIA or Decentralized Information Asset is an open-source oracle platform for DeFi products. Those products include the likes of insurance, lending and margin trading, crypto derivatives, and prediction markets. For example, with DIA users can make lending rate generators, a crypto volatility index, and interbank overnight rates.
Various media already considers DIA as a highly reputational asset, and it is regarded as a popular DeFi platform out there. The popularity also comes from DIA’s features. It has three key features, which is transparency, validation, and scalability. Transparency means DIA’s data feeds can be freely accessed. Validation means those data are verified by stakeholders, while scalability means DIA’s infrastructure is built to cope with such demand.