In the rapidly evolving landscape of blockchain technology, smart contracts have emerged as a revolutionary concept, enabling self-executing agreements with the terms directly written into code. However, their utility is often limited by their inherent inability to interact with real-world data. This is where blockchain oracles come into play, acting as critical bridges between the on-chain and off-chain worlds.
Bubs Oracle provides smart contracts with external data, allowing them to interact with data outside their native blockchain environment. Oracles can be used to fetch various types of data, such as financial data, weather conditions, or even random number generation, which can then be used to trigger smart contract execution based on predefined conditions.
Currently Bubs oracle supports "GET" Request to external APIs. The Oracle contract is currently deployed on the Bubs Testnet and can be deployed on any network with ease in a single command. The Oracle contract is written in solidity and the Backend is built in NodeJS using viem library.
Bubs Oracle is an innovative service designed to bridge the gap between smart contracts and the vast world of external data. Built for the Bubs Testnet, it empowers your decentralized applications (dApps) to interact with critical information residing outside their native blockchain environment.
Traditionally, smart contracts operate within a closed loop, limited to the data stored on the blockchain. Bubs Oracle changes this game by enabling them to:
Utilize GET requests to retrieve valuable data points from external APIs. This opens doors to integrating:
Bubs Oracle isn't limited to financial data. It allows you to integrate any relevant data feed that enhances your dApp's functionalities.
By integrating Bubs Oracle, you can build robust and feature-rich dApps on the Bubs Testnet. With its ease of use, secure data feeds, and versatility, Bubs Oracle is the perfect partner for your innovative decentralized application development. Start building the future of dApps on Bubs Testnet today!
Follow the readme.md to deploy your own oracle.