BlockchainInnovation

The Role of Oracles in Blockchain and How They Bridge the Real World with Smart Contracts

The Role of Oracles in Blockchain

Blockchain technology has transformed industries by enabling decentralized, transparent, and immutable transactions. However, blockchains are inherently isolated and cannot access external data directly. This limitation is where blockchain oracles come into play, bridging the gap between real-world events and on-chain smart contracts. What Are Blockchain Oracles? They are intermediaries that feed external data into blockchain … Learn more