Customizable Off-Chain Data Products For Elrond Smart Contract | ElrondNetwork - Announcements

Customizable Off-Chain Data Products For Elrond Smart Contracts Via ORAO Oracles

Tamper-proof data streams are essential for maintaining the trustless nature of blockchain-based applications. This is why blockchain oracles have a well-earned place at the heart of decentralized finance.

Delivering unaltered and trustworthy information is a critical attribute of oracles, but there are many differentiating factors such as speed, scalability, cost, and the degree to which they can be configured.

“Those blockchain applications that will explode in virality will likely transcend the pure DeFi implementations which represent the bulk of the current dApps ecosystem. The ability to integrate information beyond the usual price data in a reliable and adaptable manner will make a huge difference for Elrond developers.” said Beniamin Mincu, Elrond CEO.

#hypergrowth100 Day 94

https://elrond.com/blog/customizable-oracles-orao-network

RT: https://twitter.com/ElrondNetwork/status/1380173898508029957?s=20