# Band Protocol > Unified Data Layer for AI & Web3 Band Protocol provides decentralized oracle services connecting real-world data and APIs to smart contracts across multiple blockchain networks. Band Protocol operates a cross-chain data oracle platform built on BandChain, a blockchain using the Cosmos SDK and delegated proof-of-stake consensus. The platform enables smart contracts to access off-chain data including price feeds, random numbers, and external APIs. Validators stake BAND tokens to secure the network and fulfill data requests across several supported blockchain networks. - Type: Company - Sector: Data & Analytics - Status: Active - Founded: 2018-05-01 - Profile: https://thegrid.id/profiles/band_protocol ## Products - [BandChain](https://thegrid.id/profiles/band_protocol): BandChain is a blockchain built using the Cosmos SDK and optimized for oracle data requests and computations. The network uses delegated proof-of-stake consensus with validators staking BAND tokens to secure the network and process data requests. BandChain achieves average block finality of 3 seconds and resolves data requests in under 6 seconds through its specialized architecture for oracle operations. (L1, Live) - [Band Standard Dataset](https://thegrid.id/profiles/band_protocol): Band Standard Dataset provides decentralized price feeds for cryptocurrency and traditional financial assets. The oracle service delivers real-time pricing data to smart contracts through a network of validators that aggregate data from multiple sources. Data is secured through BandChain's delegated proof-of-stake consensus and made available cross-chain through Inter-Blockchain Communication protocol and bridge contracts. (Oracle, Live) - [Membit](https://thegrid.id/profiles/band_protocol): Membit provides real-time data services for large language models and AI applications through a network of Data Hunters. The platform bridges decentralized data sources with AI systems enabling LLMs to access current information beyond their training data cutoffs. (Off-Chain Data APIs and Services, Open Beta) - [Concurrent Price Stream](https://thegrid.id/profiles/band_protocol): Concurrent Price Stream is a permissionless on-chain price signaling system allowing tokens to be listed on transparent price feeds based on market demand. The system enables open price discovery and real-time token price reporting without requiring centralized approval processes. (Oracle, Live) - [Verifiable Random Function](https://thegrid.id/profiles/band_protocol): Band Verifiable Random Function (VRF) provides verifiable random function services for blockchain applications requiring provably fair randomness. The system generates cryptographically secure random numbers on-chain for gaming, NFT minting, and other applications. VRF outputs are verifiable through cryptographic proofs ensuring transparency and tamper-proof randomness generation. (Oracle, Live) - [Band Price Feed](https://thegrid.id/profiles/band_protocol): Band Price Feed provides decentralized price feeds and real-world data to smart contracts across multiple blockchains. The system aggregates data from sources including Binance, CoinGecko, and CoinMarketCap through BandChain validators, delivers verified price feeds via IBC and bridge contracts, and supports custom oracle scripts for flexible data requests. The Band Standard Dataset offers standardized price feeds for crypto assets, commodities, and fiat currencies with sub-second latency. (Oracle, Live, Main Product) - [Cosmoscan](https://thegrid.id/profiles/band_protocol): Cosmoscan is an open-source block explorer for BandChain providing real-time blockchain data visualization and oracle network monitoring. The platform displays transaction history, validator information, staking data, and oracle request statistics through GraphQL subscriptions and Hasura backend integration. Cosmoscan enables users to track oracle scripts, monitor validator performance, participate in governance voting, and analyze on-chain activity for the Band Protocol network. (Block Explorer, Live) ## Assets - [Band Protocol Token (BAND)](https://thegrid.id/profiles/band_protocol): BAND is the native token of BandChain, a blockchain optimized for oracle data requests. It is used for staking by validators to secure the network, paying transaction fees, and voting on protocol governance. The network connects smart contracts to real-world data by processing oracle requests across multiple blockchains, achieving data delivery in under 6 seconds through its Cosmos SDK architecture. (Native) ## Links - [Main](https://www.bandprotocol.com) - [Documentation](https://docs.bandchain.org) - [Governance](https://www.cosmoscan.io/proposals) - [Media Kit/branding](https://www.bandprotocol.com/brand-assets) - [Blog](https://blog.bandprotocol.com) - [Forum](https://forum.bandprotocol.com) - [YouTube](https://www.youtube.com/@bandprotocolofficial) - [Twitter / X](https://x.com/BandProtocol) - [GitHub](https://github.com/bandprotocol) - [TikTok](https://www.tiktok.com/@bandprotocolofficial) - [Telegram](https://t.me/bandprotocol) - [Discord](https://discord.com/invite/mbRuVQURGt) - [Reddit](https://www.reddit.com/r/bandprotocol) - [Medium](https://medium.com/bandprotocol) - [Twitter / X](https://x.com/membit_ai) - [Instagram](https://www.instagram.com/membit_ai) - [GitHub](https://github.com/bandprotocol/cosmoscan) ## Legal This data is provided under two licensing models. Model 1 - open data. 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