/biz/ - Business & Finance

Biz acting like idiots and missing the point/big picture as usual. The entire purpose of the Oracle for Startups department, regardless of Chainlink, is for Oracle as a company to get small startups under their wings that can bring value to their own services and products offerings; in this case: bringing in a wide variety of enterprise data, so the enterprise end users of the Oracle blockchain (Hyperledger for boomers) can start implementing and adopting smart contracts in their respective fields, even if very minor and boomer. Ie, this Oracle project was never about bringing in the big bucks like derivatives and insurance, HOWEVER, keep in mind that what this means is in the ecosystem, these startups are not end users, the end users will be the thousands of enterprises that will be adopting the Oracle blockchain. This is how Oracle will be selling its blockchain services to its customer base: we have this hyper ledger chain, we have simple pre-made templates for smart contracts, and it's all easily plug and play. You're some small construction company, and you need grovel data or whatever, then just click on grovel smart contract template and grovel data here, and it'll all be done for you, and with every click, chainlink will be used in the backend. Oracle will be handling the selling and marketing of these data types to their customers. Literally zero effort and implication from Chainlink. Now apply this to all the small but numerous companies that will be using Oracle's platform. If only 1 out of the 50 proves to be useful then it's still a win for Oracle because it brings more business to their platform. Additionally, this further cements Chainlink as an enterprise standard, and what you're also missing is if Oracle is doing this type of thing, then their cloud BaaS competitors like MS and AWS blockchains will also have to implement similar solutions.

Smart contract is a computer program that can execute contract terms using Blockchain technology. The contract has started getting applied in financial services or used to assist companies in managing the financial aspects of the trading, and was presumed to undertake the trading, banking, and insurance industries in the applications, processes, and business models. The objective of this paper focuses to discuss on the possibility to apply the smart contract in Islamic trade finance practice and to understand how the smart contract works. This study will explore the smart contract technology, whether it is Sharia compliance and well as the advantages of the smart contract. Besides that to understand the context of smart contract which is one of the technologies from Blockchain that holds great potential across the Islamic trade finance. This study will refer to secondary data such as online journal, books, and news. Resulting to understand the context of smart contract, this study will show how the usage of smart contract can have a huge impact in the future of Islamic trade finance. The recommendations will emphasis on the roles of traders to grab the opportunity and adapting the smart contract technology in their business practices with the fact that smart contract will expect stronger growth in the future.

>>13154825
Why is nobody else but us giving a shit about oracles?
Is it because we're just retards and the others realized the only value was the data itself but the middleware was worthless?
Does everybody just assume there's no value there?
Why is the delusion isolated to this place? What is it that we're missing that's so obvious to everybody else in the space?
I google smart contracts and blockchain oracles everyday and this is literally the only place that's discussing this. Biz is always in the top results.
I check r/cc and have no idea what fucking world they're living in.
Why is nobody putting 1+1=2 together like we have?
I read every article about smart contracts that get released every day and oracles just get ignored or just get one vague mention, as if it wasn't the most important thing to make them valuable.
Why is there ONLY ONE project taking the oracle problem seriously?
Why is nobody else but us discussing it?
Why is nobody else but us OBSESSING over it?
It's all I can fucking think about. Morning day and night. It's literally the only project that matters.
But it's doing nothing. Like it doesn't even exist outside this place. And meanwhile random blockchain shitcoin #5352 is mooning for no reason. What the fuck? WHAT THE FUCK????
Are they doing it on purpose just to turn us crazy?
Are we crazy?
I'm seriously losing my sanity over this. Constantly wondering whether I'm delusional or too early.
Everything seems crystal clear to me. Like I've seen it all unfold before my eyes. I have zero doubt in my vision. Yet I still feel like I'm going insane.
What the fuck even is this place?
Is it even real? Is it some kind of psyops experiment?
Why me? Why us?

>>13151804
Why is nobody else but us giving a shit about oracles?
Is it because we're just retards and the others realized the only value was the data itself but the middleware was worthless?
Does everybody just assume there's no value there?
Why is the delusion isolated to this place? What is it that we're missing that's so obvious to everybody else in the space?
I google smart contracts and blockchain oracles everyday and this is literally the only place that's discussing this. Biz is always in the top results.
I check r/cc and have no idea what fucking world they're living in.
Why is nobody putting 1+1=2 together like we have?
I read every article about smart contracts that get released every day and oracles just get ignored or just get one vague mention, as if it wasn't the most important thing to make them valuable.
Why is there ONLY ONE project taking the oracle problem seriously?
Why is nobody else but us discussing it?
Why is nobody else but us OBSESSING over it?
It's all I can fucking think about. Morning day and night. It's literally the only project that matters.
But it's doing nothing. Like it doesn't even exist outside this place. And meanwhile random blockchain shitcoin #5352 is mooning for no reason. What the fuck? WHAT THE FUCK????
Are they doing it on purpose just to turn us crazy?
Are we crazy?
I'm seriously losing my sanity over this. Constantly wondering whether I'm delusional or too early.
Everything seems crystal clear to me. Like I've seen it all unfold before my eyes. I have zero doubt in my vision. Yet I still feel like I'm going insane.
What the fuck even is this place?
Is it even real? Is it some kind of psyops experiment?
Why me? Why us?