Orao Network is a Polkadot native oracle service for custom data feeds.
24h Trade Volume
All-Time-High (ATH) Price
Orao Network (ORAO) is a cryptocurrency token generated on the Ethereum blockchain.The max. supply of Orao Network that will ever be issued is 1.00 Billion tokens, and the current supply of ORAO in circulation is 46.25 Millions tokens.
Current Orao Network price is $ 0.223 moved up to +50.2% for the last 24 hours.
All time high (ATH) price of Orao Network reached $ 0.224 on 11 May 2021 and fallen -0.5% from it.
Orao Network's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 10.31 Millions.
Orao Network’s 24 trading volume is $ 2.89 Millions. It is trading on 3 markets and 2 Exchanges the most active of them is Gate.io.
Orao Network Price Chart
Orao Network price Index provides the latest ORAO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Orao Network to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
Orao Network Performance USD
|24H||$ 0.0745||+50.2%||$ 0.223||$ 0.145|
|7D||$ 0.0763||+52%||$ 0.223||$ 0.121|
What is Orao Network
Orao Network is a Polkadot native oracle service for custom data feeds. Its substrate based blockchain provides a large variety of secure data at high speed in real-time, everything from local weather data to the outcome of football matches with maximum scalability for any blockchain.
The ORAO Solution
- Predefined Data Protocols
- Machine Learning with Tensor Flow
- Auction System and Reputation
- Cross-Chain Interoperability with Polkadot
By providing the outcome of an esports match we can fuel dapps without involving a third party. Smart contracts can be set up which query oracles after the end of a match to find out the outcome and then distribute payments accordingly
Similarly, an insurance contract can insure a farmer against years of low precipitation - easy enough for a smart contract to query data providers and find out how many inches of rain have fallen between two dates in a particular region. If there has been a drought, payments can be made directly without delays for insurance company claims adjusters to inspect the farmer's yields
And much more
Earlier Oracle platforms have understandably focused on financial data; mainly price feeds, due to technical limitations. ORAO introduces Data Protocols, which enable a large variety of new data products for providers to sell.