Why is PlugChain known as the most valuable oracle public chain in 2023?

 

In the world of the Internet of Everything, many links have control or transaction functions. It is necessary to authenticate the power of management, command, and adjustment, and to authenticate the trust relationship of property rights. Carrying people's expectations for the evolution of the Internet and the vision for a better digital life, Web3.0 will gain widespread attention and support at the Expo.

 

"Web3.0 is an extensible series of technical frameworks that build applications in a new way." According to blockchain pioneer Gavin Wood, Web3.0 is almost subverting the revolution of the Internet.

 

In addition to the familiar characteristics of "reading + writing + possession" in various popular sciences, the core of Web3.0 focuses on the realization of digital identities, assets, and personal data. Continuing the leap standard of Web1.0 and 2.0, there are obvious intergenerational differences in the interaction methods, control rights, and account systems of Web3.0, such as the account system that best represents digital identities and assets, and the iterative process from Web1.0 to 3.0 Among them, after going through mailboxes, mobile phone numbers, and now private keys/mnemonic words/smart wallets and other methods that return to individual ownership, the transfer of asset ownership has been completed from the account access level, and all applications can complete the account system. unity.

 

The emergence of Web3.0 is expected to greatly improve the existing Internet ecosystem, effectively solve the problems of monopoly, lack of privacy protection, algorithm time and space in the Web2.0 era, make the Internet more open, inclusive and secure, and move towards a higher level. Trusted Internet, Value Internet, Smart Internet, and Holographic Internet innovate and develop.

 

So how does PlugChain promote the historical process from Web2.0 to Web3.0, and how to make the development dividend of Web3.0 benefit global users? PlugChain's aggregated cross-chain oracle protocol gives the answer.

 

PlugChain aggregated cross-chain oracle protocol can guarantee safe and reliable data. The decentralized oracle network is currently the core function of PlugChain. Based on the innovative cross-chain interaction design, PlugChain can not only efficiently solve the information interaction between the networks of many independent blockchains like Cosmos, but also through nested BSC , Heco's ecological scenario, provides modular underlying components, and can practically support global commercial-level application networks.

 

The aggregated cross-chain oracle protocol is the biggest advantage of PlugChain. The cross-chain architecture of PlugChain enables it to support the cross-chain swap function, which is simple and safe to implement. It can directly link multiple exchange APIs in the custody account to achieve millisecond-level quotations , no need to rely on external oracle machines with data delays, and make up for the instant cross-chain gap in the market.

 

Moreover, PlugChain's aggregated oracle protocol has the ability to serve 100+ mainstream public chains around the world. Through cross-chain protocols, smart contracts, big data, and AI technologies, data input and output, and data governance processes are realized, and through ONP (Oracle Network Protocol ) to 100+ mainstream public chains around the world, building a bridge between Web2.0 and Web3.0, so as to accelerate the historical development of Web3.0 on the basis of solving Web3.0 data.

 

In short, if the blockchain is a decentralized computer network, and the smart contract is a decentralized application, then PlugChain is a decentralized Internet that allows smart contracts to interact under the blockchain and ensure safe and transparent and core values of trust. As the Internet era is about to pass, the Web3.0 era is coming. As the leader of the Web3.0 oracle machine, PlugChain's value will surely be recognized by the market over time.