What Is DIA (DIA)?

DIA (DIA) is an ecosystem to conduct open financial data in a financial & smart contract ecosystem. DIA's goal is to connect data analysts, data producers, and data users together. 

According to the whitepaper, DIA functions as a trustworthy and verifiable link between off-chain data from various sources and on-chain smart contracts, which may be utilized to create a variety of financial dapps. DIA token is native to the DIA platform. The ticker symbol for the token is DIA. The platform’s mission is to design dependable solutions and avoid exploitation and manipulation since DeFi apps rely on reliable and scalable data sources. The platform also seeks to source, validate, and transmit credible financial data and thereby intends to provide crypto-economic incentives and collective wisdom to the community.

According to the website, the platform claims to source all types of traditional currencies & fix rates to DeFi protocols as well as digital asset prices. The ecosystem also claims to source data from multiple and trusted sources. 

Furthermore, DIA also provides customized data feeds with tailor-made methodologies & sources. So that it can meet the requirement of different configurations of data, the platform feeds can also be tailor-made to fit the user's specific requirements.

Finally, the data feeds from DIA can be used by any application on any network.

As stated on the website, DIA ensures to provide a platform that focuses on network agnostic operability. A blockchain, such as Ethereum or BSC, can therefore simply integrate data into many on-chain and off-chain applications. The data feeds provided by DIA are open-source and completely transparent. The codebase, sources, and methodology used by DIA remain open-source and accessible to the users. They also meet the typical financial application compliance criteria. Michael Weber is the CEO and cofounder of DIANetwork. He has worked as a data analyst for organizations like Lehman Brothers and Bloomberg.

The total supply of DIA coins is 173 million.