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Intelligence
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#Oracles

Should Regulators License Blockchain Oracles?

Licensing and endorsing professional oracles is key to improving the overall health of the blockchain ecosystem.

Blockchain oracles, or off-chain data providers, are key players in the blockchain ecosystem - wielding as much if not more power than miners and protocols developers. Often misunderstood and overlooked, they suffer from constant misuse and security vulnerabilities. Licensing and endorsing professional oracles is key to improving the overall health of the blockchain ecosystem.