Oracles are the bridges that connect blockchains to real-world data, enabling smart contracts to respond to events like prices, weather, or shipments. They come in different types, including software, hardware, inbound, and outbound oracles, and power practical applications such as DeFi, supply chain tracking, insurance, and gaming, transforming blockchains from isolated systems into interactive, real-world-ready platforms. The post Oracles 101: How Blockchain Oracles Bridge Real-World Data and Apps first appeared on The Shib Daily.
source: https://news.shib.io/2025/10/11/oracles-101-how-blockchain-oracles-bridge-real-world-data-and-apps/