DragonBite Partnership With Kylin Network For Oracles And Data Analytics Benefits
A truly open decentralised Asset Management platform for customers DragonBite announced partnership with Kylin Network, a cross-chain platform powering the data economy on Polkadot. The Dragonbite Dapp will be live in Q3 2021 and connected to RioChain, an interoperable blockchain developed by RioDeFi which will enable its users to access multi crypto-currencies and chains from one place
Dragonbite wants to satisfy its users thats why it forms a partnership with Kyline Network. Under this partnership, DragonBite will share a wide range of data to Kylin Network to help the project grow its data points. In return for it, Kylin Network will supply asset prices feeds to help Dragonbite setting price base and automate the value of the loyalty points collected across the Dapp.
‘’Kylin Network has built a solid network and currently partners with many projects including MantraDao, Bondly, Reef and Edgeware to quote a few. We are pleased to collaborate together and we are convinced our users will particularly appreciate having access to the real prices of the crypto currencies including but not limited to Ethereum and Bitcoin any time they login to convert their reward point into them’’—Florence Ip, CFO of DragonBite
The integration of the data on DragonBite’s Dapp will take place before the Dapp gets public in Q3 2021 and DragonBite will benefit from Kylin Network’s expertise for the installation and monitoring of the activities.
‘’DragonBite’s use case parallels our own — they seek to help operationalize and monetize an idle set of value contained within the enormous loyalty point and reward program markets, thus creating option, liquidity, and dynamism where there was none before. Super happy to be able to provide the functional/technological infrastructure for them to achieve this!”—Dylan Dewdney, CEO of Kylin Network
ABOUT DRAGONBITE
DragonBite is a truly open decentralised Asset Management platform for customers to store and swap all kinds of digital assets in One App with One password. The salient purpose of DragonBite however, is to couple an integrated application and suite of services with a tokenized loyalty rewards system
ABOUT KYLIN NETWORK
Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.
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