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Oracles and Internet of Things in the Internet of Value

In: Enabling the Internet of Value

Author

Listed:
  • Niall Roche

  • Alastair Moore

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.

Suggested Citation

  • Niall Roche & Alastair Moore, 2022. "Oracles and Internet of Things in the Internet of Value," Future of Business and Finance, in: Nikhil Vadgama & Jiahua Xu & Paolo Tasca (ed.), Enabling the Internet of Value, pages 157-174, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-78184-2_14
    DOI: 10.1007/978-3-030-78184-2_14
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