Oracle has launched a collaborative blockchain project with Chainlink to deliver the commercial benefits of smart contracts. FusionLDB from Ld8a Ltd is one of the selected technologies to underpin this initiative.
Oracle Blockchain and Chainlink Innovation Project with FusionLDB
FusionLDB provides a key role in ensuring the integrity of off chain data by holding source data for Chainlink in an immutable, append only ledger database. Smart contracts require off chain data to be readily available. The capabilities of FusionLDB mean that existing, complex enterprise processes can make this data available with minimal cost and implication to those existing systems.
The requirements for smart contracts are best described in the 2017 ChainLink Whitepaper:
The power of FusionLDB is the simplicity the environment brings in underpinning these data requirements. FusionLDB provides a straightforward means of capturing complex business data in an immutable, high-assurance, verifiable ledger.
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