Orao Network is a Polkadot native oracle service for custom data feeds. Its substrate based blockchain provides a large variety of secure data at high speed in real-time, everything from local weather data to the outcome of football matches with maximum scalability for any blockchain.

The ORAO Solution

Use Cases

Esports

By providing the outcome of an esports match we can fuel dapps without involving a third party. Smart contracts can be set up which query oracles after the end of a match to find out the outcome and then distribute payments accordingly

Weather

Similarly, an insurance contract can insure a farmer against years of low precipitation - easy enough for a smart contract to query data providers and find out how many inches of rain have fallen between two dates in a particular region. If there has been a drought, payments can be made directly without delays for insurance company claims adjusters to inspect the farmer's yields

And much more

Earlier Oracle platforms have understandably focused on financial data; mainly price feeds, due to technical limitations. ORAO introduces Data Protocols, which enable a large variety of new data products for providers to sell.