Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor | Press release Bitcoin News
8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption. Between blockchain’s theoretical superiority based on hard code, and the nuanced language that is real life, it finally provides the means for the physical world to convey information to a form that blockchain programming can understand.
On 15th September, Bridge Oracle will launch their IEO on bw.com, becoming the first public oracle system on the TRON network. This project has already allied itself with advisors like Bitcoin.com Co-Founder Mate Tokay, TRON influencer Mike McCarthy, and media heavyweight Sydney Ifergan indicating the belief from three hugely influential blockchain figures that Bridge Oracle is an important piece of the mass adoption puzzle.
Responding to Urgent Real-World Needs
Mate Tokay’s role as Advisor to this project is a logical one. As a proponent of Bitcoin Cash, Tokay envisioned a cryptocurrency that did what it promised — a cheap, fast and fair way for people to securely send money to each other.
Bridge Oracle shares that philosophy of directly addressing pressing real-world problems, through their focus on smart contracts’ inability to access real-world data. Until smart contracts can do that, their use cases are limited, as are their likelihood of mass adoption.
A public oracle system — such as Bridge Oracle — solves that problem by acting as a link between blockchains and the outside world, allowing for accurate external information to be injected into smart contracts, allowing them to operate as they should — programmable conditions that are automatically executed based on the fulfilment of these conditions.
Some use case examples include:
- Securities. Bridge Oracle will pull real-world data from bonds, interest rate derivatives, and other market prices and reference data. This data is ready for use by smart contracts in dApps that serve fintech, DeFi, and other financial services.
- Shipping. Smart contracts ensure proper delivery and release payment when items are delivered. This, however, requires real world data, which Bridge easily provides.
- IoT. The age of interconnected devices means real world data sources that can be used by Bridge Oracle to inject smart contracts with accurate information.
The Right Advisors Make or Break a Company
Hakan Estavi is the CEO of Bridge Oracle, with access to experienced advisors.
The first is Mate Tokay, the Co-Founder of Bitcoin.com and world-renowned thought leader in blockchain solutions. Like-minded in Bridge Oracle’s quest for mass adoption, he saw the potential of its solution early, believing that only by addressing actual needs can blockchain technology see real-life applications in real-life scenarios. Tokay said of Bridge Oracle:
“I like to support projects that are actually solving real-world problems. Accessing external data for smart contracts will be made easy using the Bridge Oracle. It will help with making smart contracts used by more and more businesses.”
The second key advisor is Sydney Ifergan. His 20+ experience in commercial enterprise as well as his computer science degree and talents are the one-two combo punch needed to launch this project into high gear. He stated:
“There is no dearth of dedicated oracle systems today but they are strictly for powerful enterprises. Small businesses barely have the high budget, time and ability to access them or prepare one. Being a ‘public’ oracle, Bridge will enable small businesses to benefit from an Oracle system and attract them to implement their businesses on TRON which will eventually lead to progression of the overall TRON network. It’s a win-win for all.”
The third is Mike McCarthy, an early beta tester on TRON whose continued support and educational awareness on the smart contract network has seen TRON emerge as one of the largest players in the industry.
Be Part of the Progress
Bridge Oracle clearly has a bright future ahead, addressing real-world problems with needed solutions. The prospect of solving the smart contract problem has clearly excited investors, with the project’s private sale fully subscribed. Bridge Oracle is also launching a limited round of its IEO lasting for only one week beginning September 15th, 2020.
Visit bw.com and share in the beginnings of crypto mass adoption, with listing confirmed at Digifinex and bw.com itself.
Learn more about Bridge Oracle advanced DeFi protocol: https://bridge.link/
Read the technical whitepaper at: https://bridge.link/Bridge_White_Paper.pdf
Join the official Bridge Oracle Telegram channel: https://t.me/bridge_oracle
Follow on Twitter – https://twitter.com/bridge_oracle
Media Contact Info
Contact Name: Hakan Estavi
Contact Email: [email protected]
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