Algoracle

Developed in the fall of 2021 and the first place winner of the Encode's Algorand Hackathon, Algoracle is the first dynamic, decentralized oracle network built on the Algorand Blockchain.

Algoracle’s purpose is to provide simple oracle solutions which assist dApps built on Algorand to access off-chain data securely, accurately and quickly.

There is a large number of exciting applications that can be built on blockchain, and a healthy network of oracles that is just as decentralized and transparent as the blockchain it is built on. Algoracle believes in security by reducing complexity.”