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New-Gen Oracle Sets Security Standard for DeFi and RWA with Multi-Source Insights

New-Gen Oracle Sets Security Standard for DeFi and RWA with Multi-Source Insights
15 Oct 2024

Strong Chainlink alternative: Cyber-Frog QUEX brings the new technology of hardware-based cryptography for blockchain data feeds.

QUEX announces the launch of new Intelligent Data Oracle. A breakthrough solution is designed to provide maximum security for DeFi and cross-sourced data for RWA and Prediction markets. Built on the latest advancements in Trusted Execution Environments (TEEs), QUEX Data Oracle enables smart-contracts to access, compute, and validate any Web2 data for on-chain use across any blockchain. This next-gen solution offers security at the level of the underlying Intel TDX chips, eliminating the need to trust Quex as a team, oracle node operators, or any other intermediaries.

Cyber-Frog QUEX invites all smart-contract developers, CTOs, and blockchain app owners to take control of their platform’s security and the quality of multi-sources Real-World Data from Web2. Be an early adopter — sign up to our whitelist to integrate QUEX Intelligent Data Oracle.

Cross-Sourced Data: The Key to RWA Integrity

Reliable data is crucial for effective decision-making and risk management in RWA, but current solutions expose platforms to inaccuracies and manipulation, compromising financial integrity.

“Quex’s architecture can retrieve data from any web source, including those protected by credentials, and deliver it to its destination network,” says Dmitry Meshkov, Founder & CEO of QUEX. “Our challenge is to build a next-gen data oracle that offers the ultimate level of security while serving data to the maximum number of clients. QUEX’ team is ready to meet this challenge! We defend smart-contracts from manipulation attacks and offer a high-performance solution for complex computational demands.”

Overlooked Oracle Risks Cost Millions: 

Information security is often prioritized only after a manipulation attack occurs. For the DeFi market, oracle manipulation has been the leading cause of loss and operational disruption. These attacks make up the huge share of blockchain hacks, targeting vulnerabilities in existing oracle solutions and resulting in severe financial and reputational damage.

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Source: https://www.halborn.com/

Threats are growing, but technology is also evolving, pushing the boundaries of security. With QUEX’s new Intelligent Data Oracle, a new era of verifiable, tamper-proof data transfer is here.

What Makes QUEX Stand Out:

  1. Hardware-Level Security: QUEX uses trusted execution environments (TEEs) with hardware-based cryptography to ensure data accuracy and security. Read more.
  2. Aggregated Market Data from Multiple Sources: Our solution is built from the ground up to let clients access any data type they need, without the delays typical of custom development. Read more.
  3. Fast deployment across new networks. Speed is a critical scaling factor. The quicker we go live on new networks, the larger our addressable market becomes.
  4. Real-Time Integration: With our pull-based model, developers can request HTTPS data on-demand, or set up relayers for continuous, real-time data feeds. Read more.
  5. Verifiable computations, post-processing capabilities, and the flexibility to run data operations, using only the finalized results in your contracts.Read more.

How to Integrate:
QUEX Data Oracle is setting the benchmark for security and reliability in Defi, RWA and Prediction Markets. By pioneering a new standard for data verifiability, the company aims to fuel the next wave of growth for blockchain apps.
Get whitelisted and be the early bird to integrate QUEX.

About QUEX:
QUEX is an advanced blockchain data oracle designed to deliver secure, differentiated data for DeFi and RWA. Powered by hardware-based cryptography, QUEX addresses critical vulnerabilities in existing oracle solutions, preventing manipulation and ensuring trust.


Join us to be updated:
LinkedIn: https://www.linkedin.com/company/quextech/ 

Telegram: https://t.me/quex_tech
Twitter: https://x.com/quex_tech 

Webcite: https://quex.tech/ 

Media Contact:
Sasha Ko, CMO QUEX
Email: [email protected]
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