#Supra Oracles: A Bridge to Decentralized Digital Finance

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Supra Oracles: A Bridge to Decentralized Digital Finance

Posted on March 05, 2024 in

Blockchain

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One of the developments in the world of blockchain is the presence of decentralized oracle solutions. This system essentially allows the blockchain platform to access data from external sources outside the blockchain network, such as price information, weather data, or financial data.

 

Among the major providers of secure and scalable oracle solutions for decentralized applications (dApps) is Supra oracle. For your information, Supra is a protocol that connects Web2 and Web3. 

 

Web2 refers to the internet as it is commonly known today, while Web3 is a form of the internet that relies primarily on blockchain technology. With Supra, applications from Web2 and Web3 can connect to each other and exchange data. 

 

This can be realized through the use of smart contracts, which are computer programs that operate within a blockchain network. So, to understand more about Supra Oracles, from understanding to partnerships with Google Cloud, see the following review!