Broaden your horizon to new markets through integration with the Plugin Blockchain Platform

Broaden your horizon to new markets through integration with the Plugin Blockcha

Co/ Centralized Oracles Computing acts as a single entity, which provides critical data from an external source to a smart contract, operating with a set of security features. Due to its architecture, such oracles are controlled by a single source which predominantly works as the sole source of information for smart contracts.

These oracles have a simple architecture with lesser investment in terms of infrastructure and maintenance. Blockchain Oracle Problems result from the inability of oracles to verify the integrity of their data.

Be/Caz6Nv9Jc84 Looking at all above problems, Suvik Group of Companies, established in UAE, decided to start decentralized data Oracle Network called \"PLUGIN\". Data collected from different oracle nodes is consolidated to arrive at the correct value.

The main advantage of using Plugin is that the data feeds are being provided by the platform at a very low cost compared to any other oracle providers as also the data feeds are highly diversified according to the needs of the customers and the XinFin community. As a result, Plugin can be considered as a decentralized oracle provider which is economical, scalable, and highly trusted.

The potential of decentralized applications is limitless, and oracles are an essential part for enabling them to standardize our institutions. In addition to development of the decentralized Oracle Network Plugin; Plugin has been able to integrate with XDC SmartLock, an opensource platform that allows users to lock XDC away in a smart contract until a triggering event is received from an oracle data feed.

Contact Us At: https://goplugin.co/