BLUZELLE: Integration of Multiple Chains for Community Members

Akinyemi Tobi
2 min readJun 7, 2021

Bluzelle is a platform that is powered by multiple blockchains in providing financial service through a high degree network system in a stable manner for the validators provider to resist any potential hackers to have access to data input in the administrative platform system.

bluzelle.com

1.1 BLUZELLE FINANCE

Bluzelle is a network system that implements the integration of multiple chains for the primary aim of supporting a modern decentralized application system that controls the input of data feed seamlessly.

1.2 BLUZELLE?

The network is a modern data delivery that protects user’s tokens from network failures and data breaches. The platform serves as a database for a decentralized network for the creator economy which manages data for token holders and investors in a highly secure and stable manner.

ACCOMPLISHMENT OF BLUZELLE

Bluzelle teams have introduced have designed a new platform system that has storage modules, fuelling NFT tokens, incentive data farming programs with high throughput, and multi-chains interoperability to build a strong network service for their token holders.

Wrapped finance has announced their partnership with Bluzelle network intending to integrate Bluzelle’s decentralized oracles into WrapFi’s ecosystem which will e reinforce price accuracy and reliability for users in Tracking Market Making Algorithm for the WrapFi’s interest-bearing token assets.

This synergy will ensure the provision of a more accurate and precise exchange rate for the tracking of prices of IBT in real-time through Bluzelle oracles for user’s assets.

Community members were extremely delighted about the news of the prospective partnership of Bluzelle with Wasabix Finance, a cross-chain yield backed synthetic assets and DEX platform with aim of increasing the security and maximum reliability for tokens of community members in the ecosystem.

ShieldFinance has joined forces with Bluzelle for the primary purpose to accelerates the adoption of DeFi where Bluzelle oracles will integrate its price feeds into Shield’s ecosystem to provide accurate and reliable data for users protection from price crashes, potential hacks, and sell-offs. This partnership will further enhance the provision of price feed against potential crash protection contracts for community members in the ecosystem.

1.4 CONCLUSION

As part of providing new innovative features and transformation, Bluzellle users will experience several strategic partnerships of the network system with other top blockchains finance to create better users experience soon which will further enhance the increase the numerical digits of community members and investors exploiting the network platform. This synergy will improve the transaction quality and network speed for the community members in the ecosystem.

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