API3 Partners with Boba Network

Palo Alto, CA – September 8, 2021
Since Boba Network’s mainnet beta launch in August, the team has been busy striving to deliver a faster, cheaper, and more delightful experience to the next billion users of Ethereum. Today, Boba and Enya are proud to announce a partnership with API3, a leading first-party blockchain oracle solution, to help facilitate this mission. API3 empowers data providers to offer their application programming interfaces directly to Web3 applications, thus circumventing the need for third-party intermediaries due to the ease of bringing data on-chain.
  • “API3’s core philosophy is placing data providers at the center of our success, and we are thrilled to collaborate with Boba to bring trusted, secure off-chain information directly to the growing Web3 ecosystem,” said Heikki Vänttinen, co-founder of API3. “By joining forces, we will further welcome the real world to Web3.” 

    “The API3 integration with Boba Network will allow developers to build decentralized applications on Boba in a cost-effective, scalable manner,” said Alan Chiu, founder and CEO of Enya. “Given Boba’s high speeds and low transaction costs, this partnership paves the way for innovative dApp use cases, particularly in the DeFi and NFT spaces.”
  • About Boba

    Boba is an Ethereum Virtual Machine (EVM) equivalent Layer 2 Optimistic Rollup that helps Ethereum smart contracts scale while delivering a delightful user experience. Boba enables Ethereum developers to build dApps that trigger code running on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are either far too expensive, far too slow, or practically impossible to execute on-chain.
  • About Enya

    Founded by Stanford faculty and alumni, Enya pioneered decentralized privacy and became the largest provider of secure multiparty computation services, serving more than 10 million users across 91 countries. Enya creates decentralized infrastructure solutions that serve the next billion users, leading with Boba Network. Boba is an Ethereum Layer 2 solution that scales and augments Ethereum, helping developers deliver a more delightful and inclusive user experience. Enya is a core contributor to Boba Foundation.
  • About API3

    API3 is the leading first-party blockchain oracle solution empowering the world’s premier API providers to offer their services directly to Web3 applications. Airnode, its open source, provider-operated oracle and value-added services such as dAPIs (data feeds) are governed by a decentralized autonomous organization (DAO) comprised of stakeholders, industry experts and project partners. API3 embodies the values of maximum transparency and minimum trust as it works to build the Web3 API economy.