First Public Oracle On TRON Blockchain Will Launch In Q1 This Year

The first public oracle on the Tron blockchain completed its mainnet launch on Thursday and this mainnet launch aims to give the blockchain users bigger access to implementing a real-world decentralized application by connecting them to off-chain data so let’s read more in our latest Tron news today.

Bridge Oracle is the first public oracle on the Tron blockchain that will play a similar role to Ethereum or Chainlink, which will allow users to deploy real-world dapps on the TRON oracle system:

“The mainnet 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 test nets. We will soon be coming up with more updates.”

Smart contracts embedded in the blockchains make a way to create DAOs, Dapps, and other cool stuff on the blockchain but most of them cannot interact with off-chain data which is where the need for oracle comes. Oracles are becoming more important as the key ingredient in the crypto space and with the rise of Chainlink in the Defi space, we can see why we need to connect blockchains to real-world data.

“The mainnet 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 test nets. We will soon be coming up with more updates.”

Bridge Oracle provides plenty of APIs to ease integration on different types of oracles that are offered on a Dapp so according to the report, the platform offers a wide range of external data sources to enhance the data usage and to allow for more flexibility when the integration process starts. Users can pull data from a wide variety of oracles on Bridge like the Wolfram system, data from URLs, BFFs, and more. The public and open-source oracles will help small businesses to integrate on the blockchain too. The platform’s public and open nature wants to remove “the cost and developmental constraints for small businesses” joining the network while offering a conductive economic ecosystem to grow bigger:

 “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.”