Oracle oracles enable efficient data exchange between Web2, the real world, and the Web3 world

In the context of the gradual rise of the global new generation of information technology wave, blockchain plays an important role in the new round of scientific and technological revolution and industrial transformation. With the widespread implementation of blockchain applications, blockchain technology such as smart contracts, big data, AI, etc. are becoming more mature, and the integration of blockchain technology with finance, supply chain, medical care, law, people's livelihood, education, copyright, public welfare, etc. is also closer, and the blockchain industry is in a stage of vigorous development.


Oracle is committed to building the world's leading Web 3.0 ecosystem


 

Oracle is committed to building the world's leading Web 3.0 ecosystem starting from the Web 3.0 traffic portal. Oracle advocates that everything is born for the application of the Web 3.0 world, and any user in the Internet world can directly access Web 3.0 and carry out related activities through Oracle without the help of any centralized APP or platform. Oracle will gather the traffic of the Web 3.0 world, open the Web 3.0 world to users around the world, and show it in front of every user through a zero-threshold way. Users can freely roam between multiple platform applications in Oracle's Web 3.0 ecosystem, without being restricted by any platform, and enjoy the massive functions of various DApps


Oracle oracles enable efficient data exchange between Web2, the real world, and the Web3 world

 

The oracle can realize efficient data exchange between Web2 (PC Internet and mobile Internet), the real world and the Web3 world. Specifically, after the Internet data passes the data governance process of oracle technology, the oracle is sent to the blockchain distributed database and becomes the oil running in the Web3 world; On the contrary, digital asset transaction data and price data belong to the Web3 category, and massive transaction information can also be transmitted to the big data and AI algorithm system in Web2 through oracles, thus creating a huge data pool that integrates Web2 and Web3, laying a solid foundation for Oracle to lock in deterministic returns in a very short time. The cross-chain oracle can realize the data transmission of multiple blockchains (the representative project Chainlink can only achieve ETH data transmission, which is not compatible with other blockchains), and realize high-performance data communication at different blockchain times, which realizes the direct docking of Web2 and Web3 worlds, effectively avoiding problems such as data omission and missing


Users can more easily and conveniently access the wealth system using Oracle oracles



Oracle Wallet uses the oracle network to make it easier and more convenient for users to enter the wealth system using Oracle oracle. Oracle Wallet is an asset management mechanism that allows users to manage the acquisition of Oracle-related tokens and collect digital assets. It is a secure asset management system through which users can collect, spend, and exchange ETH or other tokens obtained. A trading system processed through an internal OTC mechanism is planned for a future phase, and the transaction will be operated by the Oracle Foundation to ensure smooth transactions between participants, project partners and service providers. HS Wallet undertakes the management of assets in the ecosystem, in addition to pointing out other token assets, while supporting the maintenance of other public chain assets such as BTC, ETH, and TRON. Oracle Wallet creates other public chain identity addresses corresponding to each Oracle address based on Oracle user identity, so as to realize the binding of full-chain assets to Oracle identity. Oracle uniformly uses Oracle's private key as a certificate for the transfer and contract execution of full-chain assets, and supports cross-chain smart contracts, which can complete the transfer of assets between different public chains in one contract execution. The whole chain transaction information can be found on the chain. While satisfying personal asset management, Oracle also lays out corporate wallets and cross-application centralized transfer functions, so that asset transfer between different applications can be completed in milliseconds through the corporate settlement system. We will release the open source Oracle Wallet app for iOS, Android, PC, and Mac.

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