What is an Oracle in Crypto ➡️ And How Does it Work?

Описание: Hello and Welcome!

In today's episode, I cover what Oracles are in Crypto and Blockchain technology, and how they would work in the real world.
➡️ An Oracle in the crypto world is a link between the blockchain and the real world, which allows smart contracts to complete based on their inputs and outputs to existing data sources.

Watch the video to find out how this could work in our everyday lives!

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My name is Somi Arian and I am a Tech Philosopher, a 'Transition Architect' as well as an Author, Award-Winning Filmmaker, Entrepreneur, and a LinkedIn-Top-Voice in the UK.
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🕘 Timestamps:
00:00 Intro
00:58 What is an Oracle?
01:48 How would an Oracle work in real life?
02:55 Regulations
03:30 Outro

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📢 Disclaimer:

All information provided in this video is solely for educational purposes. No information is to be taken as financial advice. All the statements and expressions are based on research and personal opinion and are not meant to be a substitute for professional advice or recommendation.
➡️ Trading cryptocurrencies poses a high risk of loss and you should not make any financial or investment decisions based on this video without undertaking your own research or consulting with a professional.

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#SomiArian #CryptoOracles #OracleCrypto #Blockchain #BlockchainOracles