Top Blockchain Oracle Projects as of November 2020

The Currency Analytics By Maheen Hernandez

Oracles are the key to mainstream adoption of blockchains and smart contracts operating on them.

Here is a brief on the chief and most promising blockchain oracles of 2020.

Launched in 2017, Chainlink is surely one of the pioneers of blockchain oracles today, especially decentralized oracles.

Before delving into further discussions, it must be stated here the Band Protocol is backed by esteemed crypto exchange Binance and leading VC company Sequoia Capital.

Akin to Chainlink, Band Protocol too is a decentralized oracle and assures verifiable, genuine and reliable real-world data for blockchain smart contracts.

One of the latest entrants in the oracle market, Bridge Oracle was launched in the second half of 2020.

Founded by JUST Foundation, JustLink is the newest name in the blockchain oracle world. The decentralized oracle went live on TRON on October 30, 2020 and has been dubbed as…

“We had been in discussion with TRON since last year about an oracle project and it was for Bridge oracle- not for JustLink.

It can be safely said, JustLink is largely inspired by Bridge oracle and is a 1:1 replica of the previous one.