Crypto at the Ferrum Roundtable

#106 Get to Know Goracle - Algorand's First Oracle | Interview with Abdul Osman

March 06, 2023 Ferrum Network Episode 106
Crypto at the Ferrum Roundtable
#106 Get to Know Goracle - Algorand's First Oracle | Interview with Abdul Osman
Show Notes

Goracle is a decentralized oracle platform built on Algorand. An oracle is a system that provides off-chain data to on-chain smart contracts, enabling them to execute decisions based on real-world events.

Goracle aims to provide secure, reliable, and decentralized oracle services by leveraging the power of blockchain technology. The platform enables developers to integrate smart contracts with real-world data sources in a secure and efficient way, allowing for the creation of sophisticated decentralized applications that can interact with the real world.

Goracle offers various features, such as data feeds, events, and custom APIs that can be used to connect smart contracts with real-world data. The platform uses a consensus mechanism to ensure that the data provided by the oracles is accurate and tamper-proof.

Chapters:
00:00 Intro
00:55 What is Goracle?
02:55 Goracle's Presale
05:00 What value does Ferrum bring to Goracle?
07:00 What are Goracle's main USPs?
12:55 What's next for Goracle?
16:53 What are the biggest challenges for Goracle?
20:30 Follow Goracle & Final Thoughts

Goracle's Socials:
⌨️ Telegram: https://t.me/GoracleNetwork
🖥️ Linkedin: https://www.linkedin.com/company/goracle/
🖥️ Discord: https://discord.com/invite/Pe8rwyPvKp
🌐 Website: https://www.goracle.io/
🐦 Twitter: https://twitter.com/GoracleNetwork

Ferrum Network Community 👇
⌨️ Telegram: https://t.me/ferrum_network
🖥️ Discord: https://discord.gg/Ferrum
✍️ Medium: https://medium.com/ferrumnetwork
🌐 Website: https://ferrum.network/
🐦 Twitter: https://twitter.com/FerrumNetwork
🎵 TikTok: https://www.tiktok.com/@ferrumnetwork
📘 Facebook: https://www.facebook.com/ferrumnetwork

Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that comes with managing a multi-chain infrastructure for their dApps, and projects.

Ferrum also specializes as a multi-chain Blockchain as a Service DeFi solutions provider, adding deflationary mechanisms, token utility, and Web3 technology products to projects across the crypto space.

With the mission of breaking down barriers to mass adoption in mind, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.

#cryptogem #Goracle #Ferrum