DIA, the open-source oracle platform for web3, announced a full re-release of their website, featuring a set of tools to explore and create data feeds autonomously, wrapped in a new brand identity. While the core product - end-to-end data sourcing and delivery for web3 projects - remains unchanged, the update gives a deep look into the data platform and a hint of where DIA's journey will go.
A data library explorer for improved transparency
DIA can be seen as somewhat of a special case in the oracle landscape, as it strongly differs in nature in comparison to most other projects. Instead of aggregating existing data feeds from third-party APIs and bringing those on chain, DIA takes a vertically integrated approach that enables full visibility of the data value chain from sourcing to delivery.
By scraping data directly from a number of centralised and decentralised exchanges, the platform is able to retrieve pricing data for literally any asset, as soon as it is traded. Users are able to customise any feed according to their specific needs. DIA also delivers the feeds via to all relevant, constantly growing networks in web3.
This results in a unique value proposition, as it allows DIA to cover long-tail assets that are not provided by other oracle projects. DIA's new homepage features an app that allows the exploration of its entire library.
The DIA platform enables the sourcing, validation and sharing of transparent and verified data feeds for traditional and digital financial applications. DIA's institutional- grade data feeds cover asset prices, metaverse data, lending rates and more. DIA's data is directly sourced from a broad array of on-chain and off-chain sources at individual trade level. This allows DIA feeds to be fully customised with regards to the mix of sources and methodologies, resulting in tailor-made, high resilience feeds, setting a new paradigm for oracles.
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