Oracle Building a Cross-Chain Ecosystem, Providing New Data Management for Capital
Oracle's oracle network provides a new avenue for cross-chain interaction between different blockchain networks. This system combines the efficiency of interaction and data independence from Cosmos and inherits the underlying functional components from Polkadot, resulting in remarkable scalability.
Specifically, Oracle can achieve data interaction between various independent blockchain networks through its oracle network. It also introduces Oracle Hub, connecting technical resources, business requirements, existing blockchain functional components, and practical business chains to achieve scalability and meet different business needs. If different blockchain networks are envisioned as cities, Oracle Hub serves as a versatile trading port with complete infrastructure, powerful technical resources, and efficient flow of interaction, capable of meeting the needs of diverse blockchain cities with strong scalability.
In summary, Oracle Hub plays a crucial role in the blockchain arena, providing not only cross-chain services like chain registration, automatic market makers, Ethereum bridges, and Bitcoin bridges but also establishing close links with the broader digital economy. Moreover, it offers security and fundraising for new blockchain networks, furnishing cross-chain accounts and devices for capital formation. This architecture ensures user rights are protected while helping users mitigate risks to the maximum extent.
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