Quick News : TimeCoin’s Special Token Sale
Bridge Oracle plans to offer services on its mainnet, permitting users to integrate real-world DApps on the Tron network with Bridge Oracle.
Bridge Oracle announced the upcoming launch of services on its mainnet. The mainnet of Bridge Oracle empowers users to deploy practical decentralized applications(DApps) for real-world applications on the Tron network.
Astonishingly, the launch of the mainnet has been as per the timeline set. A blockchain project announces to the world that it is ready for real-world operations by launching a mainnet.
Bridge Oracle’s spokesperson in a press release stated:
“It’s an exciting moment for us to announce the launch of our upcoming services on mainnet. We have waited for this moment for so long, and to see it finally unveiling feels extremely special. Our upcoming main net launch will allow you to deploy real-world connected DApps using Bridge Oracle on the Tron network. It’s about time you start to prep up by creating your DApps on Shasta and Nile testnets. We will soon be coming up with more updates.”
Bridge Oracle plans to integrate enterprise oracle systems and various data sources to improve the functionality of blockchain. Looking at the aggressive strategy to meet their timeline, there is no doubt that the Bridge oracle world will be a full-fledged platform by 2022.
What is Bridge Oracle?
Bridge Oracle has become the pioneer public oracle system to help integrate real-world data on the Tron network. Smart contracts are designed to help create DApp and DAOs- Decentralized Automated Organizations to redefine the businesses. Consensus protocols of blockchains prohibit access to off-chain or external data sources, but Smart contracts need real-world data for real-world applications. Tron has suffered from interoperability problems due to the absence of an oracle. Bridge Oracle rescues Tron by providing a channel for smart contracts on blockchains to connect with real-world information.
Bridge Oracle is an open-source project that also authenticates the real-world data injected into Tron smart contracts with proof. The oracle system features APIs to access data from the real world. It is also designed to access data with the help of parser modules such as JSON, XML, and HTML. Data sources such as Random, WolframAlpha, BTFS, etc, can also be included.
The spokesperson explained the Bridge Oracle ecosystem’s various API contracts and their unique functionality. An enterprise API contract caters to companies that volunteer to sell data in exchange for BRG token. Public API contract and decentralized API contract are two more APIs he mentioned.
How Can Bridge Oracle Transform Businesses?
When asked the question, the spokesperson stressed the “public” quotient of Bridge Oracle, helping small businesses integrate with ERP and many such functionalities to help small businesses.
“We have seen how big corporations have benefited from dedicated oracle systems. But dedicated systems demand robust and expensive infrastructure, which becomes a limiting quotient for small enterprises. The ‘public’ feature of Bridge Oracle removes those constraints for small businesses and offers them a conductive and economic environment to implement their businesses on the Tron blockchain. With small businesses gaining stronger traction than big corporations worldwide, a public oracle like Bridge Oracle has been the need of the hour, and the upcoming mainnet launch will finally turn these visions into reality.”