🌉 APRO Oracle: The Bridge to Reality
Smart contracts on the blockchain are closed systems; they cannot directly access data from the outside world (such as asset prices, event outcomes, or weather data). This limitation is known as the Oracle Problem.
APRO Oracle $AT solves this by acting as a decentralized bridge. Its main function is to gather off-chain information from various reliable sources, verify its accuracy, and then securely send it to the blockchain so that smart contracts can execute their functions based on real data.
The protocol uses a network of operator nodes to ensure that data is delivered with high fidelity and speed. Being decentralized, it avoids a single point of failure, which is crucial for the security and reliability of Decentralized Finance (DeFi) applications that rely on this data for settlements, loans, and trading.
Its token $AT is typically used to pay the nodes for their data delivery services and as a staking mechanism to incentivize honest behavior.
