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By Cointelegraph, Binance Oracle network will bridge Web3 and Blockchains via smart contracts


Binance Oracle network to connect Web3 and Blockchains via smart contracts

Binance, a crypto exchange, announced the launch a new data network, Binance Oracle (NYSE :). This allows blockchain smart contracts and real-world data to connect with each other, starting with its own blockchain offering, BNB Chain.

Binance Oracle will allow existing customers to sign up for the service. Decentralized applications (DApps). Web3 ecosystem partners on BNB Chain for access to existing data sources and advanced computations. “Over ten BNB Chain projects have already integrated with the Binance Oracle network,” confirmed Binance.