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Description

Utilize the Oracle Blockchain Platform Cloud Service to securely share reliable data among various parties. This platform provides pre-built code for executing smart contracts while ensuring a tamper-proof blockchain, leveraging the highly regarded open-source Hyperledger Fabric framework. You can effortlessly adjust resources to accommodate fluctuating demands, allowing for scalable computing power that can be increased or decreased as needed. Customers will only incur charges based on their actual usage. The platform facilitates contributions from multiple participants through the simple-to-configure RAFT consensus method. Additionally, its precise access control features permit management of permissions for each segment of extensive datasets stored in the cloud. This functionality empowers smart contract developers to easily manage identities, groups, and resources. Setting up a permissioned blockchain is straightforward, requiring no coding skills, and eliminates the hassle of manually provisioning hardware, software, managing certificates, or configuring network elements. With this service, businesses can focus on innovation instead of infrastructure management.

Description

Truebit serves as an enhancement to blockchain technology, allowing smart contracts to execute intricate computations in conventional programming languages while minimizing gas expenses. Although smart contracts excel at handling minor computations with accuracy, they face significant security vulnerabilities when tasked with larger computations. To address this issue, Truebit introduces a trustless oracle that retrofits existing systems, ensuring the accurate execution of complex tasks. Smart contracts can submit their computation requests to this oracle in the format of WebAssembly bytecode, and in return, anonymous miners earn rewards for providing correct solutions. The protocol of the oracle upholds accuracy through two distinct layers: a unanimous consensus layer that permits anyone to challenge incorrect answers and an on-chain system that motivates engagement and guarantees equitable compensation for participants. The realization of these elements is achieved through an innovative blend of off-chain infrastructure and on-chain smart contracts, thereby enhancing the overall functionality and security of blockchain networks. This dual approach not only improves computational reliability but also fosters a more robust ecosystem for decentralized applications.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
Oracle Cloud Infrastructure

Integrations

Ethereum
Oracle Cloud Infrastructure

Pricing Details

$0.215 per hour
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Oracle

Founded

1977

Country

United States

Website

www.oracle.com/blockchain/

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

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