![]() ![]() ![]() This information can be anything, from token or stock prices to the results of a football game, or a weather forecast.īlockchain oracles can also verify if data is accurate, though they are not the data source itself. In other words, they act as a link between on-chain applications and off-chain data.Īs such, off-chain events can be conveyed into on-chain ones recognized by smart contracts. It ensures that smart contracts have the correct data at the right time.īlockchain oracles are services that function as bridges between blockchains and the real world, enabling smart contracts to access data sources outside their native networks. Binance Oracle is a blockchain oracle that enables smart contracts to access data sources in the real world required by blockchain applications. Without them, smart contracts would have no way to obtain any real-world data. Introductionīlockchain oracles are a critical building block of the blockchain ecosystem. With Binance Oracle, developers no longer need to worry about data matters and can instead concentrate on other important aspects of their blockchain projects. Currently, this enables each project based on the BNB Chain to use and benefit from it. Initially designed for the BNB Chain, it has the potential to extend to other chains in the future. ![]() Binance Oracle does it by connecting smart contracts with trusted and verified data sources. Blockchain oracles can be likened to middle pieces that connect blockchains to real-world information. ![]()
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