Oracle guarantees the safety of user assets and creates a decentralized revenue system with the most secure and stable oracle technology

The decentralized technology system and concept guaranteed by blockchain technology and smart contract technology is becoming more and more popular, because it can realize business scenarios without trust, and the use of decentralized technology can make all businesses open and transparent , and cannot be tampered with, thus removing all perceived interference factors, asset security is thus guaranteed, and assets and products based on decentralized technology have become the primary choice for global investors.

More and more individuals and institutions realize that the rise of encrypted assets is an unstoppable trend.



Oracle creates a new web 3.0 system

Oracle's decentralized cross-chain oracle protocol has diversified application scenarios, and focuses on blockchain insurance projects to create a Web3.0 investment system. Oracle's ecological scenarios are diversified, ranging from top-level high-quality global DeFi projects to decentralized exchanges, decentralized lending, decentralized wallets, NFT, financial derivatives, swap , DEX , NFTSwap , Gamefi , Socialfi and many other fields.

 It is involved, each ecological scene has a unique profit method and income model, and the income in each ecological scene forms a huge pool of funds. On the one hand, the Oracle fund pool creates a blockchain insurance project, on the other hand, it is mainly used for NFT pledges, and finally forms an Oracle oracle network wealth system, which brings high returns to users, and brings value-added assets and entertainment to users. , Sociability in one extraordinary experience .

The Oracle ecosystem is getting better and better, and will be indispensable in the future

Through Oracle, any data provider can easily monetize its Web API and sell data directly to on-chain applications. This will bring opportunities for traditional data providers to enter the emerging blockchain market and create new revenue streams. Because of this, various top institutions such as Accuweather , Associated Press, and Swisscom have joined the Oracle ecosystem.



The rich data accumulated by traditional insurance institutions in the past 100 years will also help blockchain insurance projects to better launch insurance contracts and price insurance products. 

Emerging blockchain insurance projects can operate robustly with advanced machine learning models and proprietary data sets, while traditional insurance companies can leverage data analytics to further improve existing underwriting models. Traditional insurance companies can use Oracle and smart contracts to monetize their proprietary data of more than 100 years and become an integral part of future blockchain insurance projects.

epilogue

Through Oracle oracles, financial services provided by centralized entities such as bank transfers, insurance, and securities transactions no longer need to go through intermediaries such as exchanges and financial institutions to achieve financial services, and have the core characteristics of transparency, security, and decentralization . Through smart contract technology, users can realize direct transactions and realize various functions of traditional financial institutions, such as derivatives, lending, trading, wealth management, asset management, etc.



 

 

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