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2022 | OriginalPaper | Chapter

Oracles and Internet of Things in the Internet of Value

Authors : Niall Roche, Alastair Moore

Published in: Enabling the Internet of Value

Publisher: Springer International Publishing

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Abstract

In this chapter, we discuss the importance of trusted information entering into blockchain systems provided by oracles. Whether these are human inputted manual signals, or automatic machine updates from Internet of Things (IoT) devices, updating records is at the heart of any blockchain-based system. Smart contracts that depend on external data rely on these devices to function correctly.

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Footnotes
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Metadata
Title
Oracles and Internet of Things in the Internet of Value
Authors
Niall Roche
Alastair Moore
Copyright Year
2022
DOI
https://doi.org/10.1007/978-3-030-78184-2_14