Decentralized Information Asset (DIA) has announced the launch of Lumina, a new oracle system that promises to make data in DeFi transparent and verifiable.
Oracle Challenges in DeFi
For years, blockchain developers had to rely on closed data sources for processing billions in lending and trading activities. This made oracles a weak point in the DeFi ecosystem as users had to blindly trust outcomes without being able to verify the source and data processing steps.
Lasernet Technology in Lumina
At the core of Lumina is the Lasernet network, developed on Arbitrum technology. This network removes middlemen, ensuring all transactions are public, cost-effective, and secure. Lumina makes every step of the process, from data collection to the final result, transparent and visible on the blockchain.
Integration with Ripple and Stellar
Ripple and Stellar have already integrated DIA’s technology to support the Real-World Asset (RWA) market. As blockchains prepare to handle trillions of tokenized assets, verifiable and trustless data feeds are becoming essential for institutional adoption.
DIA is offering a solution that could change the status quo in the DeFi industry, making access to reliable and verifiable data a standard norm for all stakeholders.
