4 Decentralized Oracle Platforms that Bridge Real-World Data to the Blockchain

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Oracles are an important innovation in the blockchain industry, making it possible for real-world data to interact with blockchain-based protocols. Here's a look at some four different oracle networks in the decentralized oracle space and how they work. The first oracle platform is Chainlink, it works as an intermediary to transfer data between non-blockchain platforms to smart contracts. The ORAI token is governed by the platform's native token, and it powers the ecosystem by compensating users who participate in the network.