The TRON network is a decentralized platform which is focused to build a free digital content entertainment system with a distributed storage technology that allows cost-effective sharing of the content across various other networks. However, TRON has been facing many challenges in absence of any public oracle system, preventing it from attracting small businesses.
This business is mainly reigned by small businesses and companies or individuals; therefore, every platform has always been an effort to attract these small groups and individuals.
Previously on TRON, the absence of any public oracle system was preventing this network to attract public users, because without an oracle system, it was not possible to create any dApp for ordinary users who mainly participate and control the whole business. This lack of participation from small businesses hindered TRON from the massive expansion that it was aimed to reach.
This is where the Bridge oracle comes to appear filling this cavity. Lately, TRON launched the first-ever public oracle system on its platform which is going to help accessing external data through various APIs and languages like JASON, XML, and HTML, from the Smart Contracts of ordinary users.
Oracle systems empower a blockchain network with such a flexibility to access external data, solving the connectivity issues at large scales; it enables people to inject real-time data into their Smart Contracts.
Therefore, the absence of such oracles can lead to some connectivity issues hindering a platform to show its original potential.
Before this new public oracle, other Oracle solutions were only available for big enterprises that could afford number of resources, budget, and time that it needs, which cannot be provided by small businesses. However, the launch of Bridge on TRONs platform will encourage businesses to try oracle solutions for reaping the benefits of growth in the long run.
By this integration with the Bridge oracle, TRON will be able to outpace Ethereum, which is a step towards its development to attract small businesses towards its network.
TRON’s integration with Bridge will enable its platform to offer a conducive infrastructure for small businesses to participate. This public oracle solution will enable TRON to add varied data sources like BTFs and Random. It will also enable TRON to add different kinds of proofs in order to establish the authenticity of the infused data. Meanwhile, TRON can also sell dedicated raw data with the help of the oracle data carriers offered by Bridge.
With a greater number of small businesses, TRON’s network will expand a large scale with no preventions on the way. The public oracle solutions will automate small businesses’ activities through the creation of dApps and DAOs.
For more info visit : https://bridge.link/
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