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Dominik Muhs, Senior Security Engineer from ConsenSys Diligence, provides an in-depth analysis of the components that make up an oracle system. An oracle is a piece of blockchain infrastructure that connects blockchains to real-world data. Oracles fetch and verify data from multiple external sources. This data is then delivered to smart contracts, allowing them to be executed based on off-chain data. Dominik presents this talk on behalf of Shayan Eskandari, CTO of Ether Capital.