Oracles
on blockchain

Services that provide information working within the Credits blockchain network. Oracles are created by any developer on the Credits platform as providers of certain data.

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Create an oracle on the platform

Oracles broadcast information received from external sources without changing data, or by changing data in accordance with the programmed algorithms for more complete information provision.

Data from the outside world (data on credit histories, quotation changes , stock quotes, etc.) come from different sources and have different formats. To work with this information, the blockchain needs an "interpreter", which will address the necessary address, receive the information, check and translate it into the required format. The oracles act as this supplier.

Use cases

Implementation of solutions using various public information: flight schedules, election results, matches and other sources.

Implementation of solutions that depend on published weather data: insurance against crop failure, natural disasters, etc.

Implementation of solutions using public financial indicators: exchange rates, quotations, data from stock exchanges and other sources.

Credits Benefits

High transaction speed from 0.05 sec per operation.

Low dynamically calculated costs of transactions starting from about $ 0.001.

The complete Turing programming language of smart contracts.

The ability to connect external systems from a smart contract.

The smart contract’s language supports loops and task scheduling.

Using a public API / SDK.

Contact us

We have a strong team of programmers and support offering:

Consultations on how to use technologies

Help with PoC (proof of concept) and MVP development

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