Plugin — Decentralized Oracle Listed on Well Know Crypto Exchanges
October 22 2021 - 5:47AM
NEWSBTC
Decentralized oracles are specially created to achieve
deterministic results that rely on cause and effect in comparison
to an individual relationship. A decentralized oracle solves
security issues by providing a trusted and reliable system. More
so, it bridges the gap between blockchain smart contracts and
external data sources by applying the traditional method of using
API to fetch data. They obtain data from the most trusted sources
and deliver it to the user through the blockchain and external data
sources. The Plugin is the agnostic decentralized oracle. It offers
a cost-effective solution for any smart contract on the XinFin
ecosystem. Additionally, it provides a high level of security and
scalability for all kinds of blockchain technology that implements
its data feeds. Consequently, the main benefit of using a Plugin is
the data feeds are being provided by the platform at a very low and
affordable cost compared to any other oracle provider. Also, the
data feeds are highly diversified as per the needs of the customers
and the XinFin community. Plugin ecosystem’s token PLI token is a
powered token developed on XinFin’s XRC20 Standard. The main goal
of the Plugin is to reduce the gas fees, increase transaction
speed, and deliver hundreds of Dapps that can connect to Data
Oracle and reach millions of individuals globally. GoPlugin.co
collects data from various external sources, consolidates, and
ensures the correct value is provided to its user at any point.
Thus, it is the most difficult part of any decentralized oracle
provider that is highly trusted by all its users. Plugin Listed on
Bitrue and Globiance Exchange Currently, Plugin is listed on some
well-known crypto exchanges. The plugin was listed on one of
the top crypto exchanges Bitrue. Furthermore, Bitrue is a
well-known cryptocurrency exchange with support for trading, loans,
investments, and more. The main aim of Bitrue is to utilize
blockchain and new technologies to enable all users to access fair
financial services, despite their location in the world and their
economic position. Finally, the Plugin is listed on Globiance,
which is a financial services group consisting of cryptocurrency
exchanges and financial institutions. The Globiance platform covers
the exchange and trading of crypto and fiat currencies, stable
coins in major currencies, payment solutions, and worldwide
transfers. Plugin is now available to trade on Globiance. So, the
users of Globiance can easily trade Plugin on this crypto exchange
platform.
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