Oracle ecological scenarios are diversified , forming an Oracle oracle machine network wealth system, bringing high returns to users

Oracle The Web is an internet of blockchains designed to provide a technological foundation that facilitates building distributed business applications. Oracle The network is part of a larger network of Oracles - all partitions in the network are able to interact with any other partition in the network of Oracles through the standard IBC protocol.

By introducing a layer of service semantics in the network, we will provide an innovative solution that supports entirely new business scenarios, thereby increasing the scale and diversity of the network of oracles.

Oracle improves transaction security and better protects consumer privacy

Oracle can provide real-time data such as the exchange rate of the stablecurrency itself and the anchor asset in the external world when the encrypted asset stable currency has an off-chain information interaction requirement.

And Oracle also develops data aggregation plug-ins in the service agreement. Users can use multiple oracle machines to obtain data to achieve computing redundancy; use multiple data sources to ensure data accuracy; and customize data aggregation methods (such as taking the average , remove outliers, set weights, etc.).

These functions allow users to arbitrarily set the level of decentralization and data aggregation methods, and connect smart contracts to reliable and accurate data sources.

Oracle payments increase transaction security. Oracle oracle payment avoids swiping card payment, stealing swiping and stealing swiping behaviors that are prevalent in scanning code payment , reduces password leakage and privacy theft to consumers, and protects the security of transactions. Consumers can directly become a member of the Oracle oracle payment ecosystem by scanning the Oracle oracle machine payment , obtain a digital identity to enter the Oracle oracle machine payment application scenario, and enjoy ecological dividends.

Oracle Insurance : Coexistence of Safety and High Efficiency

All the money for traditional insurance comes from a centralized organization. Its business model is to sell insurance and invest with the buyer's money, and minimize the probability of claims through careful actuarial techniques. But Oracle Insurance is different.

The money for each policy comes from a liquid pool of funds. Like Oracle loan mining, each user can act as an institution, inject liquidity funds into different insurance projects, and form a fund pool. Insurance buyers purchase insurance from the fund pool, and also obtain claims from the fund pool, providing People with liquidity are interested in the safety of the insurance, so as to obtain investment income.

Because of the close and important connection between blockchain technology and signature algorithms, the development of signature algorithms and the introduction of new paradigms will directly affect the characteristics and efficiency of blockchain networks.

In addition, the key management needs of institutions and personal accounts inspired by distributed ledgers have also spawned many wallet applications, and this change has even affected traditional enterprises.

epilogue

Oracle combines high-performance aggregated cross-chain oracle protocols and fully applies them to decentralized exchanges. The oracle machine is like an information transmitter, which can automatically transmit external credible data to the blockchain and write it into the smart contract, so that the contract can automatically execute the results according to the preset rules, and complete the verification of real data by blockchain technology .

Services for business scenarios. Through efficient data interaction, massive data storage, and reliable operating mechanism, the Oracle oracle network helps build a global leading decentralized exchange, and continuously expands the ecological boundary, eventually forming a powerful, systematic, organic, and shared digital The economic ecology has greatly promoted the historical process of the digital asset era, and explored and created revolutionary value of the times.