Ozean, the blockchain for Real-World Asset (RWA) yield launched by Clearpool, has announced a strategic collaboration with RedStone, a modular oracle network provider. This collaboration aims to integrate RedStone’s secure and fast data feeds into the Ozean ecosystem, especially increasing the tokenization of RWAs and providing reliable data prices for decentralized applications (dApps) on the protocol. Through this collaboration, Ozean aims to provide a secure, fast, reliable, and transparent environment for users to earn yield in RWAs.
RedStone as a Data Provider Oracle with Ozean Ecosystem
RedStone blockchain oracle provides data feed all over the world for the purpose of making it more advanced and effective for its users. RedStone provides more security to Decentralized applications (dApps) and works for its users to solve their problems while they are using the apps. It has made a prominent place in DeFi. Because, in this world of advancement every user needs security, reliability, and seamless transaction, so RedStone is the best option for them.
RedSttone further going to increase these features by collaborating with Ozean, which will convert RWAs into DeFi. RedStone allows its users to customize their data feeds according to their needs and desire. So, RedStone is now providing its services in lending, borrowing, and providing accuracy in data feed to different applications.
Ozean Building a Trusted Environment for RWA in DeFi
Ozean is a platform that is specially designed for the conversion of RWA into DeFi without any disruption. The aim of Ozean is to convert traditional Finance users to Blockchain technology. And educate them according to the advancement in DeFi and how they get themselves benefitted and provide their services across the whole world. Ozean will deal with the problem of RWA by addressing its users. It will provide such necessary infrastructure for blockchain financial markets, making users to earn yield on stablecoin.
This strategic collaboration will involve the integration of RedStone’s cutting-edge Oracle services into the Ozean blockchain environment. This will tokenize RWAs on Ozean with easy access to secure, improved scalability, low latency, and affordable price feeds for different assets. This collaboration will expand the use of RWAs. This will increase the transparency and robustness of RWAs protocol on this platform. So, this collaboration will prove a landmark and more helpful to the users in all over the world.
