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RIF Gateways – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 09 May 2020 11:45:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png RIF Gateways – DIGIT INFO https://www.digit.info 32 32 Blockchain Oracles: Off-Chain Interaction Through RIF Gateways https://www.digit.info/blockchain-oracles-off-chain-interaction-through-rif-gateways/ Sat, 09 May 2020 11:45:27 +0000 https://www.digit.info/2020/05/09/blockchain-oracles-off-chain-interaction-through-rif-gateways/ Read more]]>

TheMerkle Celer Network BlockchainAchieving two-way interoperability between blockchains and the real world is an ongoing challenge. It is not something that can be done natively, yet with the help of blockchain oracles, a lot can be achieved.  What are Blockchain Oracles?  To explain the purpose of a blockchain oracle, one needs to be aware of what it entails exactly. A blockchain – or its smart contracts – cannot access data from outside of its network. Unless information is manually introduced to the blockchain system, that is.  For smart contracts, that can be a hindrance. These contracts are designed to automate processes by leveraging

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