Saying its strategic partnership with API3, Cudos mentioned that the affiliation would enable the customers on its platform to develop trustless purposes that may simply work together with the varied APIs on the internet. API3 is a number one identify within the trade that has carved a spot for itself by delivering Oracle options based mostly on a first-party interface. 

These options are extra environment friendly and easy of their working mechanism and produce larger safety and compliance to the desk. All of the purposes work on a totally decentralized nature and are dominated by clear governing mechanisms. As well as, API3 additionally helps by offering the info to the goal stakeholders. That is reassuring for the customers who fear in regards to the authenticity and malfunction of information feeds. 

When it comes to the working parts, Airnode is a part of the answer supplied by the API3s. Airnode could be thought-about a middleware helpful in connecting blockchain purposes on to any API on the internet. In different phrases, it’s a simple path that results in Web3. One of many major issues the API’s group faces is the decentralization working mechanism of the Web3 safety. Because of this the Oracle answer has been to behave as a bridge between the API and Oracles. 

One other distinctive competence of the answer supplied by the API3 is the dAPIs. As the info feeds supplied by API3 are sometimes ruled by the DAO, the dAPIs could be executed with most transparency and minimal requirement of belief even in case the operations are ruled in a centralized method. This partnership will probably be useful for all builders of decentralized purposes who’re on the lookout for a reputable different to the likes of AWS and Azure. The partnership is predicted to change into a game-changer, particularly for the service suppliers of the blockchain area and all the area of decentralized options.