Oracles, are they essential to blockchain technology?

Although the blockchain is characterized by its ability to process all kinds of data in an encrypted and secure manner, it is limited to elements already present on the network.

Indeed, it cannot be supplied directly from information coming from the real world.

It receives information, which is then processed, analyzed, etc., and these data need to  pass a validation test.

So how do you update this data, with variables and additional information, in real time?

This is exactly the main mission of oracles.

These are essential tools that are increasingly used by services and companies for different applications in the real world.

To learn more, discover the new article available on Galeon Academy.

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