June 27, 2018
Oracles and Oraclize
As blockchain becomes more and more widespread and decentralized applications are emerging as solutions in growing number of industries to solve real-world problems there is a need for blockchain(s) to interact with the world outside of their own. The way blockchain itself is designed provides no straight-forward way to interact with standard APIs living on non-blockchain systems.
To tackle this drawback a solution in form of “oracles” is used. Oracles are sources of data living outside of blockchain.
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