/biz/ - Business & Finance

what do we do now that this fad's run its course?

https://www.youtube.com/watch?v=v4xZUr0BEfE

>Nazarov: “We realized that a reliable oracle mechanism is a gating issue for the creation of most of the use cases that people are expecting from our space, and set out to solve this limitation of blockchain infrastructure with security, reliability, and easy consumption of the inputs/outputs needed by smart contracts to reach this new level of usefulness. In this case we are working with Google as someone who we’ve successfully made an on-chain data provider that can now securely interact with smart contracts that want to consume their high quality data and/or various off-chain services. We’re trying to create the next generation of smart contracts that are able to go beyond tokenization, and will find their usefulness based on interactions with market events (DeFi), IoT events (Decentralized Insurance) and various other use cases. Allowing smart contracts to interact with a data source of Google BigQuery’s quality, enables various new and exciting capabilities for Ethereum contracts in general e.g. more private ethereum transactions via submarine sends, as well as various exciting use cases/Dapps like prediction markets that will base their outcomes on BigQuery’s data, We’ve really enjoyed working with the folks at Google on this initial implementation, and we’re looking forward to working with them in many more ways to come.”

>we’re looking forward to working with them in many more ways to come.

https://www.coindesk.com/smart-contract-startup-tapped-by-google-as-blockchain-partner