/biz/ - Business & Finance

>>10502704
I know. Oraclize is for crypto scam sites. Real players will use Thomson Reuters (TM) solution.

Or the gorillion other ones, once/if oracles lift off.

haha dumb linkies thought they were the first.

They did not know that the big playere were developing cheap and functional oracles behind closed doors.

But sir, developing is expensive. They would rather buy some overpriced memecoin from some chink exchange, instead of doing it themselves.

>>9578442
TRUSTED entities. Chainlink is trustless tho, so CL out of the question

>>9021261
Most reputable news agency in the world will provide 100% secure crypto signed oracles with 99,99% up time guarantee for a lower price.

How will chainlink compete with that?

>>8894127
block one by reuters

-100% safe due to crypto signing
-will be out of beta way before Chainlink(first mover advantage)
-cheaper cause more efficient
-contractual obligation , no need for some random anon neet to be an oralce
-all in one system thus less points of failures
-designed for corda dlt aka chain developed for businesses
-no need to buy some overpriced extremeley fluctuating meme tokens (business wants to pay in Fiat)

Also corda a blockchain that will actually be used by business, cause it has the requirements real world adoption needs and not your stupid overpriced meem token.

Once blockIq is out of beta(hint way before chainlink) it will dominate the oracle market and btfo LINK.

-started working on it at least a year ago
-actually competent company behind it with huge resources
-crypto singed thus 100% unfakeable
-cheaper since you only pay one node not tens

But but what if they ddos the API? Since every API call costs money this will not happen.

But what about muh decentralization? Considering that financial data is just sourced from one source there is no decentralization anyways.