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martedì 8 novembre 2022

Are you familiar with the takamaka oracle?

The #takamaka #oracle is a bidirectional tool, anyone can interact with it through a transaction by sending a command to its address.

The oracle can have multiple receiving addresses, each capable of performing multiple functions and different tasks, its main function is to return to the Blockchain the response and data requested by the user in the transaction.



Appropriately programmed, it can perform continuous transaction- and message-based interactions, and is also capable of handling #payments natively.

If you are the Owner of the oracle you could program it to do #checkout and then return to the merchant #payments that occurred on a certain address, and in a more complex architecture also interact with a bank's API rather than a foreign Exchange service or a weather station.

In a hypothetical #marketplace solution, Takamaka's oracle will work by capturing each copy of the gadgets on display, encoding them with a specific key that will be returned to each buyer.

Only those who purchased that gadget along with that Public Key will be able to open and decode the content.

Are you ready for Takamaka's oracle ?

Stay Tuned.

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