GeroWallet Partners With Cardano Decentralized Oracle Network CHARLI3
GeroWallet to Integrate Data from CHARLI3
GeroWallet, Cardano’s first all-in-one wallet, designed for ease of use and comprehensive functionality, has formed a partnership with CHARLI3, the first decentralized oracle network for Cardano.
Over 90% of blockchains today are striving to solve real world problems. However, blockchains interfacing with the external world require reliable data feeds, and smart contracts deterministically execute their protocol with this input. Herein lies “the oracle problem,” of determining a secure, accurate and timely source of information. Using multi-level decentralization and high level security measures, CHARLI3 pulls data from real world resources. CHARLI3 uses an on and off-chain architectural design to solve the oracle problem today.
GeroWallet is a DeFi app engineered to adeptly manage multiple functions on an ergonomic and elegant platform. GeroWallet’s toolset offers every utility a crypto user could ask for, from simple buying, selling and liquidity staking, to cross-chain swapping services.
Accuracy of data is vital to wallets and DeFi applications. By integrating data from CHARLI3’s decentralized oracle network, GeroWallet will improve its product offering to its customers with on and off-chain blockchain data in real-time. In this collaboration, CHARLI3 will function as an independently insured oracle as well as an “oracle aggregator” to provide GeroWallet with data complementary to its native system.
Our users are our motivation. We are committed to building a dynamic environment for the advancement of blockchain by designing innovative, user friendly tools for the DeFi community. Our promise is to continuously strive to provide accessibility to all through an intuitive customer experience.
CHARLI3 is the first decentralized oracle network for the Cardano network that interacts with resources outside of the blockchain. CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data in an efficient and decentralized manner. By being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano based projects. CHARLI3 will be the clear choice for any project building on the Cardano blockchain.