What is the band protocol for Dapps?

Could you elaborate on the band protocol for Dapps? I'm curious about how it functions and what specific benefits it offers for decentralized applications. Is it a standardized protocol that's widely adopted, or is it a relatively new and niche concept? Additionally, how does it compare to other protocols in the market, and what are the key factors that make it unique? I'm eager to learn more about this topic and how it can potentially impact the future of Dapps.