Polkadot DeFi developers may soon get a new oracle provider with historic data


Distributed storage project Bluzelle will be collaborating with the Web3 Foundation to bring its oracle system for use in the Polkadot decentralized finance ecosystem. The project formally announced on Sept. 15 that it would integrate its services with the Polkadot network, specifically its price oracle solution that could be used by DeFi projects building on the network.

Bluzelle’s databases and oracles would be made available to all projects building on Polkadot’s Substrate framework, he added. Polkadot maintains an interoperability-centric vision that encourages bridges to other blockchains, and some of that can be seen in the decision to collaborate with Bluzelle — a project built on what is arguably Polkadot’s closest competitor, Cosmos.

Read in Full: cointelegraph.com

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