Uncategorized

In the first part of this series, we introduced oracles, cross-chain bridges, zero-knowledge proofs and other key blockchain developments. We emphasized a need to discuss not just their capabilities but their limitations through avenues like the upcoming Blockchain Oracle Summit (BOS), which is scheduled for July 21-22, 2023. In conclusion to the first, this article …

Blockchain Oracle Innovations & the Blockchain Oracle Summit 2023 (Part 2) Read More »

Blockchain oracles have occupied a prominent position in critical web3 dialogues recently. The role of oracles in providing up-to-date, secure and timely information to smart contracts must be emphasized. Without oracles, smart contracts would be grossly limited, and the blockchain ecosystem would be unable to unlock more considerable prospects or utilize its exceptional capabilities. There …

Blockchain Oracle Innovations & the Blockchain Oracle Summit 2023 Read More »

Ugur Mersinlioglu is the Technical Product Owner at API3. In the presentation below, he examines the differences between first party and third party oracles, the challenges they face, and API3’s take on a  potential “solution” to these challenges. What is API3? API3 is a platform that enables decentralised applications (dApps) on blockchains to access external, …

First-party VS Third-party Oracles Read More »

The global metaverse market has the potential to generate up to US$5 Trillion in value by 2030. The recent rebranding of Facebook to Meta and growing involvement by fashion houses like Gucci and Balenciaga has led to “Metaverse” becoming a buzzword and dominating the news over the past year.  The Metaverse is generally defined as …

Bridging Between Worlds: Oracles In The Metaverse  Read More »

2020 is credited as the year when DeFi took the world by storm. The lockdown, coupled with sky-high inflation, meant many people were quick to adopt this decentralised and transparent mode of finance. By the end of the year, NFTs, DeFi and cryptocurrencies had become commonplace in almost every discussion. But is that all blockchains are …

Moving Real-World Industries On-Chain: The Journey Towards Decentralisation Read More »

In the presentation below, Hilmar Orth, founder of Gelato Network, presented on the evolution of multi-chain applications and the impact autonomous cross-chain dApps would have on the ecosystem.  Below are some highlights from his presentation.  What Is Gelato? Gelato Network is web3’s decentralised backend that enables projects to augment their smart contracts by being able to …

Building Autonomous Multi-Chain DApps Using Cross-Chain Automation Powered by Gelato Read More »

In the presentation below, Laurence Kirk, CEO of Extropy.io, presented on Zero-Knowledge Proof and how it could be applied to Oracles, focusing on the challenges in data verification and privacy standards.  Below are major highlights from his presentation.  What Is Extropy?Extropy is a consultancy firm that offers auditing and software development services for , Distributed …

Zero-Knowledge Proofs: Where Data Verification Meets Privacy Read More »

Ethereum, Bitcoin, Binance Smart Chain, Polygon, Cosmos, Polkadot, Optimism… the list goes on.  As more blockchains are being created with a multitude of decentralized applications (dApps) being built and used on each one of them, the conversation around the need for an interoperable future has never been more important. There have been many discussions about …

The Future is Multichain; Enhancing the Interoperability of DApps with Cross-Chain Oracles  Read More »

In the presentation below, Clément Lesaege, co-founder and chief technical officer of Kleros, presented on the integration of subjective oracles for executing DAO decisions and the role Kleros could play in the evolution of DAO governance.  Below are the highlights of his presentation.  What is Kleros?Kleros is a decentralized protocol built on the Ethereum blockchain …

Evaluating the Integration of Subjective Oracles for Executing DAO Decisions Read More »

In the presentation below, Niklas Kunkel, Oracle Core Unit Facilitator at MakerDAO, talks about the role that oracles play in bridging real world assets on-chain. Below are further explanations of key points highlighted during his talk. Introduction to MakerDAO & StablecoinsMakerDAO is a decentralised autonomous organisation (DAO) that guides the development of the Maker protocol. …

Oracles as a Catalyst for Bridging Real World Assets On-Chain Read More »