According to Foresight News, Synthetix core contributor Noah Litvin released an ERC-7412 library batch implementation proposal. The proposal aims to allow smart contract engineers to integrate off-chain data by simply calling functions on oracle contracts. The standard retains the composability between smart contracts and aligns the economic incentives between data consumers and oracle networks. At the same time, it relies on transaction batching (i.e. atomic multi-operation, multi-call) to automatically pre-verify data from the decentralized oracle network when necessary to execute transactions.