According to Foresight News, decentralized oracle project Band Protocol has announced the release of Band v3. The code for this new version will be rolled out in multiple phases, with the public development network expected to be available in a few months. Band v3 comprises three key components: Signal Center, Concurrent Price Feeds, and Data Tunnels. Compared to its predecessor, Band v3 introduces several significant enhancements, including free access to open price data, easy integration through a new DevUX, and heightened security.