Tag: Oracle

What Is ChainLink?

Smart contracts are a major technological breakthrough that will affect our society substantially. So far, interfacing with said smart contracts is still a bit challenging for the average user. Even developers sometimes struggle to do so. This is where ChainLink comes into the picture, as it provides a fully decentralized oracle network called LINK. ChainLink is an Interesting Venture It is certainly true that smart contracts can make a big impact …
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Oracle’s Point-of-Sale Division Breached By Russian Hackers

A group of Russian hackers managed to breach Oracle’s payment system, stealing hundreds of customer credentials and data in the process. The attack affected the company’s point-of-sales credit card payment systems. News broke when security analyst Brian Krebs –also an ex-reporter for the Washington Post– originally reported the attack. The software giant Oracle Corporation ended up admitting the veracity of the reports. The security breach target Micros, a company acquired by Oracle …
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What Are The Roles of DAO Contractors and Curators?

DAOs are virtual entities that pool resources together in a decentralized and democratic fashion, but after all, they are merely computer programs, so how do they interact with the physical world? Decentralized Autonomous Organizations, a concept that has been recently on everybody’s minds. We have been covering the news and events of the first DAO to be ever released, The DAO has received 10.5 Million Eth at the time of writing this …
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Using A Bitcoin Smart Contract To Transfer Domain Ownership

Smart contracts are the new hype right now. Although a lot of people would automatically look towards Ethereum for making this technology possible in the real world, it is certainly possible to use the Bitcoin blockchain for this purpose as well. Transferring ownership of a domain name, for example, is just one of the many examples of how this technology can change the way we do things on a daily …
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