
Orao Network ORAOPrice N/A
ORAO Price
General Info
Contracts/Explorers:
Ethereum
Orao Network (ORAO) Chart
IDO
22 Mar 2021 — 25 Mar 2021
Raised
$ 875.00K
Price:
$ 0.015
Tokens For Sale:
58,333,333
Platform:
N/A
ATH ROI:
17.09x +1,609%










What is Orao Network (ORAO)?
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
Use Cases
Esports
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
Weather
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.
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