Achieving two-way interoperability between blockchains and the real world is an ongoing challenge. It is not something that can be done natively, yet with the help of blockchain oracles, a lot can be achieved. What are Blockchain Oracles? To explain the purpose of a blockchain oracle, one needs to be aware of what it entails exactly. A blockchain – or its smart contracts – cannot access data from outside of its network. Unless information is manually introduced to the blockchain system, that is. For smart contracts, that can be a hindrance. These contracts are designed to automate processes by leveraging
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