RE: Steemit Crypto Academy Contest / S8W4 - Blockchain Oracles
Dear friend @artist1111 first of all thanks for taking part in Contest and you explained very well about the blockchain oracles.As you mentioned you don't know about this topic but you searched about this topic and made a proper blog and also provide the sources and that's very good thing.
Firstly you explained right that blockchain oracles work intermediate between yhe crypto world and the rest of world and blockchain oracles provide information to blockchain from the rest of the world and I'm totally agree with you my brother and you also explained the uses of blockchain oracles and you are right without blocking oracles the blockchain has less informative from the real world.You explained very well about the major types of blockchain oracles and also explained good about decenterlizied oracles and you're right decentralized oracles are most important component for unlocking the potential of smart contracts in blockchain.
You explained very well about the use case of decentralized oracles and that's good that the decentralized oracles are used in world of supply chain management and you also mentioned that we can provide real data of good and services by using decentralized blockchain oracles and you also explained well about the use case of decentralized oracles in insurance and nft and some other.Overall your blog is so informative and you searched many things about blockchain oracles and thanks for sharing with us.
Hey thank you for your valuable feedback. I appreciate your precious time that you gave to my article .