Oracle can interact smoothly in different application scenarios, thereby building a financial investment entry from Web 2.0 to Web 3.0

Oracle is an aggregated oracle that connects the encrypted world and the real world, committed to solving the function of information and data interaction, and can carry out safe, smooth and efficient data exchange, which is widely used in Web 3.0 wealth system and quantitative financial management strategy. Oracle uses the oracle network to form an Oracle technology system with unique advantages, and through years of training, testing and application, it has realized intelligent capture of investment targets, intelligent selection of quantitative strategies, intelligent application of algorithms, and opened global users to use mainstream digital assets for investment and obtain ultra-high yields


Oracle is making crypto assets more accessible and accessible to more people in the financial sector


 

Based on oracle networks, Oracle has a positive impact on multiple data sources, data security, data costs, and privacy protection for multiple industries, including the DeFi field. With the prosperity of the Web 3.0 ecosystem, the demand for data by various applications will gradually increase, and the requirements for data will be higher. Oracle oracle network can accommodate more data sources, have a stronger guarantee for data security and reliability, and can interact smoothly in different application scenarios, so as to be applied to decentralized exchanges, decentralized lending, decentralized wallets, DeFi, financial derivatives trading, stable currency, NFT trading, quantitative investment, futures and options investment, trade financial service platform, offline payment and other application scenarios, so as to build Web 2.0 to Web 3.0 's financial investment portal, while shortening the distance between the crypto world and products in the Internet era, also allows more people to access and use crypto assets or decentralized applications more easily in the financial field.


Security, ease of use, decentralization


Security is the cost of gaining control of the network, and real-world assets are often anchored in the design of consensus mechanisms, such as proof-of-work (PoW) that anchors computing power. Ease of use is the speed at which data is processed, and the main reason for the slow performance of the blockchain is that each transaction must be agreed on all nodes. Decentralization is to have a large number of nodes involved in block production and verification, generally the greater the number of nodes, the higher the degree of decentralization. Oracle guarantees decentralization, security and ease of use in oracle networks. Aggregating data from multiple independent nodes ensures tamper-proof and high availability when the oracle transmits data to the smart contract. Obtain data from multiple high-quality data providers while ensuring data quality and increasing decentralization at the data source level.


High scalability, high concurrency, environmental protection


 


The Oracle ecosystem involves multiple interoperable cross-chain parallel processing for high scalability. It is designed to cater to the large-scale adoption of blockchain technology and achieve a high-speed and low-gas public chain. Oracle public chain uses cross-chain technology to make a qualitative leap in performance improvement. Oracle Public Chain focuses on improving information processing performance, working hard to dredge block congestion and reduce gas labor, has the characteristics of high concurrency and environmental protection, and paves the way for the infrastructure of Web 3.0 and the huge data transmission of the metaverse in the future.

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