ORAO Network ORAO

ORAO Network is a decentralized oracle platform that aims to provide reliable, real-time data for blockchain applications. It integrates various chains into its network and uses a proactive rating system to assess the trustworthiness of data as it is received. ORAO Network offers services such as data feeds, insurance services, and trading algorithms through its extensive collection of over 37,000 data points from more than 200 data sources. It also offers a Proof of Concept for flight insurance and has announced its VRF service for Solana.

ORAO Network is unique compared to other cryptocurrencies in several ways. Firstly, it has a proactive rating system that judges the trustworthiness of data as it comes in, rather than solely relying on past performance. This ensures the accuracy and reliability of the data provided by the network.

Secondly, ORAO Network offers a wide range of secure and real-time data feeds through its oracle system. With over 37,000 data points and 200 data sources, it enables various applications such as local weather, insurance services, and trading algorithms.

Additionally, ORAO Network has integrated chains into its network in a strategic order, ensuring scalability and efficient integration of new chains into its mainnet.

Furthermore, ORAO Network has developed a Proof of Concept for decentralized insurance, specifically flight insurance. This showcases the practical application and potential of the network in the insurance industry.

Overall, ORAO Network stands out due to its proactive rating system, extensive data offerings, strategic integration approach, and real-world use cases in industries like insurance.