How DIA leverages NFTs to enable distributed data rights management and enable secondary markets for data.

The DeFi ecosystem is dependent on the reliable delivery of accurate data through oracles. While the infrastructure to deliver data is maturing, the need to manage and track rights for the usage of data by the originators has not been addressed. NFTs provide the possibility to decentralise the management and monetisation as well as create a liquid secondary market for data and the attached rights.

The Data Rights Management Problem

The current infrastructure for data provision in the DeFi ecosystem has organically grown around the need for data by dApps. As the market grows, an essential building block for a maturing and increasingly regulated ecosystem…


DIA is integrating with the xDai Chain, to offer its oracle infrastructure in the Ethereum compatible blockchain for fast and inexpensive transactions.

The xDai Chain is a stable payments EVM (Ethereum Virtual Machine) blockchain designed for fast and inexpensive transactions. The chain uses a unique dual-token model for its ecosystem: xDai is a stable token used for transactions, payments, and fees, and STAKE is a governance token used to support the underlying POSDAO Proof-of-Stake consensus. The xDai Stable Chain has been live since October 2018.

The xDai Chain exists to support stable payments and digital cash transactions. …


We are excited to announce a new collaboration with 0Chain to connect decentralised storage and DeFi applications.

0Chain is a high-performance decentralized storage network designed to eliminate business threats such as censorship, privacy liability and data breach. 0Chain helps entities achieve GDPR compliance, localization, tokenization and monetizes private data sharing. 0Chain’s decentralised platform offers high performance, high quality of service, collaboration, localization, and streaming to address a broad spectrum of applications.

0Chain and DIA enter a partnership to provide storage data for DeFi applications. As the first step of this partnership, 0Chain will integrate DIA’s crowdsourced oracles into its decentralized storage network. This integration will enable 0Chain to stream transparent price points as well as storage metadata…


To optimise the oracle user experience, DIA is now leveraging Ethereum Naming Service (ENS) domains as a single source of truth for its oracle addresses.

Overview

Currently, all oracles deployed by DIA are represented by a smart contract address and if public, published on DIA’s documentation page. Any blockchain developer can easily build DeFi applications by simply inputting the oracle contract address.

This system leaves room for optimisation: In some cases, oracles may be updated and receive a new smart contract address. After such updates, these new addresses need to be actively communicated to the oracle users and updated in their respective dApps, leaving room for human error and potential delays in updates.

To optimise this process and eliminate error potential arising from updated oracle addresses…


We are excited to join hands with Knit Finance to provide accurate and transparent price feeds for Knit Finance’s cross-chain wrapper platform.

Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top-200 crypto assets. It delivers bridges to ensure comfortable cross-chain fluidity of assets and allows institutions, developers, farmers, and traders to tap into trusted custody to mint Knit’s “K-Assets”.

Through its platform, Knit Finance enables users to tap into the Ethereum ecosystem with any asset. Users can list any major coin such as ADA, FIL, DOT or XEM on leading DEXs, liquidity pools, lending, margin, collateral, or yield farms. …


After the successful completion of the DIA airdrop to Crypto.com users and the listing of the DIA token on the Crypto.com exchange, we are delighted to announce that DIA’s news and updates will be made directly available from Crypto.com’s Price Page.

Crypto.com, one of the major CEXs in the cryptocurrency industry, whose ecosystem consists of a wide range of applications including the Crypto.com App, Crypto.com Exchange, Crypto.com DeFi Wallet, DeFi Swap, and many other services, recently listed the DIA token, enabling users to easily trade DIA tokens. Crypto.com’s DIA token page can be found here.

The listing was followed by the exchange’s commitment to distribute the airdrop that DIA issued in response to the 2020 KuCoin hack. The community airdrop will give DIA tokens back to the affected Crypto.com holders. Further details and airdrop eligibility can be found here.

Lastly, Crypto.com…


We are thrilled to announce the revamp of DIA’s innovation lab by expanding its development tracks, adding a new stellar mentor base and a new principal lead.

Visit DIA Labs at http://labs.diadata.org/

In Q4 2020, with the surge of new solutions and tech stacks in DeFi, DIA announced DIA Labs, a grant and acceleration program designed to support and accelerate the development of building blocks for the DeFi ecosystem.

In Q1 2021, the DeFi space witnessed an unprecedented growth in new products and platforms, complemented by a stablecoin craze and significant rise in retail and institutional participation in the digital asset market. …


We are delighted to collaborate with Seascape to enable the dApp ecosystem around their Crowns token by integrating its price data into the DIA oracle across multiple chains.

With a focus on usability and quality, Seascape Network aims to create an environment that will allow users, developers and stakeholders to play, earn and share experiences in an incentivised way. The network is set to provide a method for self-education on blockchain and related finance in a fun and engaging way.

By gamifying the process from start to finish and removing complex barriers, the Seascape Network will allow users to seamlessly enter the world of blockchain games and decentralized finance, financially incentivising both playtime as well as game development. …


We are very excited to announce a new partnership with Standard Protocol. DIA’s accurate and transparent price data points will be integrated into Standard’s Polkadot based protocol for synthetic assets.

Standard Protocol is the first Collateralised Rebasable Stablecoin protocol for synthetic assets that will operate within the Polkadot ecosystem. It is also the first and only project from Korea to be awarded a Polkadot Web3 Foundation grant and prides itself on its global community growth approach.

By means of this new partnership, Standard Protocol will benefit from DIA’s capabilities to supply accurate, transparent and timely price information. As precise and punctual oracles play a critical role in Standard Protocol's success, Standard will strengthen their own oracle system by additionally integrating DIA trusted oracles into Standard’s Market, Vault and Staking modules.


We are excited to partner with Ola to provide accurate price points to Ola’s lending platform to support a wide variety of assets and increase the protocol’s resilience to price manipulation.

Ola Finance is a lending platform that lets anyone create a Compound-like instance of almost any token, referred to as Lending Networks. With Ola, a Lending Network can be created with a few clicks of a button by tuning a few parameters. These parameters include the tokens that can be lent and borrowed, the collateral factor for each token, the fee rate, and a few more. Once a Lending Network is created, anyone can instantly interact with it via the Ola app, that acts as a gateway to all Lending Networks.

As an on-chain lending protocol, Ola requires reliable and…

DIA

DIA is a Swiss non-profit association that provides open-source access to crowd-verified financial and digital asset data.

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