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 has the potential to become a strong alternative to the current market leader, Chainlink.
As threats in the blockchain and decentralized finance (DeFi) space continue to grow, data security has become a top priority for businesses. QUEX, a new player in the blockchain oracle market, is introducing a solution that promises to elevate data security to new heights through the use of hardware-based cryptography. This technology allows companies to access verified data from multiple sources, protecting their platforms from manipulation.
Why Does This Matter for Businesses?
With the increasing interest in decentralized finance and real-world assets (RWA), the ability to retrieve reliable data from external sources has become a critical success factor. Companies need to make informed decisions based on trusted information. QUEX delivers exactly that—security and accuracy of data, which are crucial for minimizing risks and protecting against attacks.
“In recent years, oracle manipulation has caused billions in losses for companies in the DeFi sector,” says Dmitry Meshkov, Founder & CEO of QUEX. “Our solution safeguards platforms from these threats, giving businesses the ability to securely utilize data in their smart contracts.”
New Opportunities for DeFi and RWA
QUEX leverages the latest Trusted Execution Environments (TEEs) technology, allowing companies to validate and protect the data used in their smart contracts. This is particularly vital for businesses dealing with real-world assets and large financial flows.
Key Business Benefits:
- Multi-Source Data Aggregation: Companies gain access to data from various sources, reducing risks and ensuring more accurate forecasts.
- Fast Deployment: QUEX can be integrated with new networks in just days, speeding up time-to-market and reducing adaptation costs.
- Real Protection from Manipulation: The solution provides the highest level of security, reducing the risk of financial loss and reputational damage.
Why It Matters Now
As the blockchain economy scales and interest in decentralized solutions grows, the reliability of data has become more critical than ever. Companies using smart contracts face numerous risks—from manipulation to data breaches. QUEX offers a solution that shields businesses from these threats and helps them confidently move forward.
Conclusion
For businesses operating in DeFi and RWA, data protection is a key success factor. QUEX takes this process to the next level, offering not only security but also growth opportunities through the use of verified data.
By pioneering a new standard for data verifiability, the company aims to fuel the next wave of growth for blockchain apps.
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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.
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Media Contact:
Sasha Ko, CMO QUEX
Email: sasha.ko@quex.tech