Tags : Oracle

Blockchain

Paxos Makes Fresh Push for DeFi Market With Oracle Integration

Paxos is teaming up with Chainlink in a bid to make its asset-backed tokens more widely available across the decentralized finance (DeFi) market. The Paxos Standard (PAX) and Paxos Gold (PAXG) tokens are now available on Chainlink’s oracle network, according to a blog post shared early with CoinDesk. Chainlink operates as background pricing and data […]Read More

Blockchain

What Is an Oracle? – CoinDesk

An “oracle” sends data from the outside world, such as the daily temperature or the number of votes a political candidate received, to a blockchain such as Ethereum. A smart contract on the blockchain can then use the data, typically to make a decision about whether to dispense money and to whom. Here’s a more […]Read More