A service for delivering real-world data to the blockchain — from exchange rates to weather forecasts and flight schedules.
To execute smart contracts in distributed systems, we need consistency of data supplied from the real world, meaning that everyone who calls a smart contract, has to receive the same data. Otherwise, the transaction won’t be added to the blockchain due to a lack of consensus between the network’s nodes.
The Waves Enterprise’s oracle service enables the implementation of reliable and secure delivery of data from outside sources for the use in smart contracts and business processes.
A blockchain service for voting has the potential for major impact on corporate governance. The tool facilitates transparent surveys, corporate votes and referendums, with built-in fraud resistance.