The Currency Analytics
By Sydney TheCMO
The DeFi is undoubtedly the latest buzzword in the blockchain space and the recent DeFi boom seems to have largely benefitted the blockchain networks rallying up to embrace the…
TRON CEO Justin Sun has always been vocal about their aspirations to foster the DeFi concept through their blockchain network.
A recent survey conducted by dAppRadar offers further proof of TRON's increasing involvement in the DeFi sector.
Sun has further noted about the recent rise in active users as well as wallets on TRON network.
It’s to stress here, the recent launch of Bridge Oracle is surely a key factor behind TRON’s increasing involvement in the DeFi scene of late.
DeFi apps operating on smart contracts need real-life information to operate at their best. Smart contracts can’t access off-chain data given blockchain’s internal restrictions.
Bridge oracle is a decentralized oracle and assures tamper-proof real life data, sourced from various public sources, including URL, Complex URL, Random, WolframAlpha and so on.