The Bridge Oracle Mainnet is set to come very soon. It is also possible to deploy real-world connected dapps using Bridge Oracle in the TRON network after launching the mainnet. The community have been alerted to get ready by creating their own dapps on Shasta and Nile testnets.
For clarity, Bridge Oracle is the first ever public Oracle System on the TRON Network. It is well known that due to the nature of the blockchain technology it is not possible for the blockchain to access real world data. Bridge Oracle system is a technology using which external data can be injected.
The Bridge Oracle is easy to use, only thing users should import the appropriate API. Enterprises who are willing to sell dedicated data can join the Bridge System and provide Enterprise oracle service. Those who are looking for some authentic data from the Bridge Oracle can pay using TRX and BRG. Those who use BRG payment will be able to get a discount. Since the project is open source all the details have been published publically.
The Bridge Oracle system is integrated with different data sources and users will be able to implement them based on their needs. The accuracy of the data improves the position of the smart contracts as a superior tool to establish a new level of trust in the process of executing a digital agreement.
Reportedly, Bridge Oracle has been ranked 211th among the different cryptocurrency projects which are based on CoinMarketCap. Also, it is the 4th among all the blockchain oracles which are based on CryptoSlate ranking resources.
Bridge Oracle services consist of URL, BTFS, WolframAlpha, Enterprise Oracle, Random and Decentralized Oracle. Each of these provide for different kind of data from the real world in to the blockchains whenever needed. Whether it is for individual users to pull out data using http requests, enterprises integrating businesses with blockchain, building distributed apps that use oracle data, sourcing random numbers from data source to insert in to user contracts, interacting with BTFS services or anything else it is possible with Bridge Oracle.
In the absence of Oracles, blockchains can be only used for tokenization; however, the presence of oracles makes it powerful enough to be programmed as needed to help execute the requirements of a powerful decentralized autonomous organization.
The roadmap shows that by 2022, they are planning to establish themselves as the decentralized oracle system.
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