Oracle Module (Under Development)
Currently under development, the Oracle Module aims to seamlessly integrate external real-world data with blockchain functionalities, greatly enhancing the capabilities and scope of smart contracts and decentralized applications (dApps) on Mchain.
Key Aspects of the Oracle Module:
- Real-world Data Integration: The module is designed to fetch and validate data from external sources, bridging the gap between off-chain events and on-chain actions.
- Diversity in Data Sources: It will be capable of sourcing a wide range of data types, from financial markets to environmental statistics, catering to various use cases.
- Focus on Security and Decentralization: Emphasizing security and decentralized data sourcing, the module aims to reduce risks like manipulation or centralized points of failure.