Oracle Quorums

Oracle quorums are a blockchain based solution. Our implementation is done with Polkadot Substrate.

The oracle quorums are self-organizing groups of oracle providers. All answers to oracle requests undergo automatic on-chain validation and aggregation. The final result (if accepted) is delivered with XCMP or over the Bridge by the relayers.

Note: The Oracle Quorums, Relayers, XCMP and Bridges are cutting edge technologies, undergoing active development. At the moment, this solution is not yet suitable for production use.

Example use cases:

• Accurate, real-time pricing data feeds for leveraged derivatives and money markets
• Regular, cross-chain state synchronization

The oracle quorums are currently available on the Developer Testnet.