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Partnership with AllianceBlock

DIA and AllianceBlock enter into a strategic partnership to democratise access to decentralised oracle and a further step to bridge DeFi to traditional finance.

The AllianceBlock Ecosystem is designed as a multi-faceted platform that enables its members to issue, transfer and own tokenized and/or digitized assets. It is an ‘open’ ecosystem that allows any entity to create assets and applications without the need for approvals from centralized “trust” authorities. It uses human and machine intelligence to harness the ‘wisdom’ of groups in decision-making and governance.

DIA will integrate several elements of AllianceBlock’s protocol, which are being developed to both source and provide cutting edge analytics. DIA will work together on AllianceBlock’s Data Tunnel product. On the other hand, AllianceBlock will also integrate DIA data on their On-chain and Off-chain Investment Data API product. As a result of the partnership, it will produce mutual benefits for both the AllianceBlock and DIA communities.

Rachid Ajaja, CEO of AllianceBlock, commented:

Michael Weber, DIA’s founder and association president, adds:

AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.

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