Oracle

Oracles are essential infrastructure components that feed real-time, off-chain data (such as price feeds, weather, or sports results) into blockchain smart contracts. Without decentralized oracles like Chainlink and Pyth, DeFi could not function. In 2026, oracles have evolved to support verifiable randomness and cross-chain data synchronization. This tag covers the technical evolution of data availability, tamper-proof price feeds, and the critical role oracles play in ensuring the deterministic execution of complex decentralized applications.

5183 Articles

Created: 2026/02/02 18:52

Updated: 2026/02/02 18:52

Chainlink Partnership: Awwal Bank Forges a Pioneering Path in Saudi Blockchain

BitcoinWorld Chainlink Partnership: Awwal Bank Forges a Pioneering Path in Saudi Blockchain The financial landscape in Saudi Arabia is witnessing a groundbreaking evolution. In a significant move set to redefine digital finance in the region, Awwal Bank, a leading financial institution with over $100 billion in assets, has officially announced a pivotal Chainlink partnership. This collaboration marks a critical step towards integrating advanced blockchain capabilities into traditional banking, signaling a new era for on-chain applications within the Kingdom. What Does This Chainlink Partnership Mean for Saudi Arabia? This strategic alliance positions Awwal Bank at the forefront of digital innovation in the Middle East. The Chainlink partnership empowers Awwal Bank developers to harness Chainlink’s robust services, including its industry-standard Cross-Chain Interoperability Protocol (CCIP) and its powerful runtime environment. For Saudi Arabia, this means: Accelerated Innovation: Rapid development and deployment of secure, reliable on-chain applications. Enhanced Connectivity: Seamless interaction between different blockchain networks and traditional banking systems. Future-Proofing Finance: Laying the groundwork for decentralized finance (DeFi) solutions and tokenized assets within a regulated framework. Ultimately, this move solidifies Saudi Arabia’s ambition to become a global hub for technological advancement and digital transformation. The Power Behind the Chainlink Partnership: CCIP and On-Chain Applications At the heart of this collaboration is Chainlink’s Cross-Chain Interoperability Protocol (CCIP). CCIP is designed to be the secure standard for cross-chain communication, enabling smart contracts to send messages, transfer tokens, and initiate actions across various blockchain networks. For Awwal Bank, leveraging CCIP through this Chainlink partnership translates into: Secure Data Exchange: Ensuring the integrity and confidentiality of information moving between systems. Expanded Service Offerings: Creating new financial products and services that can operate across multiple blockchains. Developer Empowerment: Providing developers with the tools to build sophisticated applications without being limited to a single chain. The runtime environment further provides a secure and efficient space for these applications to operate, ensuring high performance and reliability crucial for banking operations. Awwal Bank’s Vision: Spearheading Innovation Through This Chainlink Partnership Awwal Bank’s decision to engage in this Chainlink partnership reflects a forward-thinking vision. With assets exceeding $100 billion, the bank understands the importance of embracing cutting-edge technology to maintain its competitive edge and serve its customers better. This move is not just about technology; it’s about strategic positioning: Leading Digital Transformation: Establishing Awwal Bank as a pioneer in digital finance within the Kingdom. Meeting Evolving Demands: Catering to a tech-savvy generation seeking more integrated and transparent financial services. Building a Robust Ecosystem: Contributing to the development of a secure and interconnected blockchain infrastructure in Saudi Arabia. The bank’s commitment to innovation through this Chainlink partnership could inspire other financial institutions in the region to explore similar blockchain integrations. Future Horizons: The Impact of the Awwal Bank Chainlink Partnership While the immediate benefits are clear, the long-term implications of the Awwal Bank Chainlink partnership are even more profound. This collaboration could pave the way for a wide array of new financial services, from tokenized real estate and supply chain finance to enhanced payment systems and digital identity solutions. Potential future developments include: Cross-Border Payments: More efficient and cost-effective international transactions. Digital Asset Management: Secure platforms for managing various digital assets. Enhanced Transparency: Increased visibility and auditability for financial processes. Of course, like any pioneering endeavor, there will be challenges related to regulatory clarity and technological adoption. However, the foundational step taken by Awwal Bank and Chainlink sets a powerful precedent for future growth. The announcement of Awwal Bank’s significant Chainlink partnership is more than just a headline; it is a landmark event for both the Saudi Arabian financial sector and the broader blockchain ecosystem. By embracing Chainlink’s secure and interoperable protocols, Awwal Bank is not only enhancing its own capabilities but also contributing to the global adoption of decentralized technologies. This collaboration truly underscores the growing recognition of blockchain’s transformative potential in traditional finance, marking a bold step towards a more interconnected and innovative financial future. Frequently Asked Questions (FAQs) What is Chainlink CCIP? Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is a secure and reliable standard for smart contracts to send messages and transfer tokens across different blockchain networks, enabling seamless communication between them. Why is Awwal Bank partnering with Chainlink? Awwal Bank is partnering with Chainlink to leverage its advanced blockchain services, including CCIP, to deploy secure on-chain applications in Saudi Arabia, driving digital transformation and innovation in its financial offerings. What are the benefits of this partnership for Saudi Arabia? This partnership is expected to accelerate innovation in digital finance, enhance connectivity between traditional and blockchain systems, and help future-proof financial services within the Kingdom, aligning with its vision for technological advancement. Will this lead to new financial products? Yes, by utilizing Chainlink’s technology, Awwal Bank developers can create a wide array of new financial products and services that operate securely across multiple blockchains, potentially including tokenized assets, enhanced payments, and digital identity solutions. Is Chainlink a cryptocurrency? Chainlink is a decentralized oracle network that provides real-world data to smart contracts. Its native cryptocurrency is LINK, which is used to pay for oracle services on the network. Did you find this insight into Awwal Bank’s pioneering Chainlink partnership valuable? Share this article with your network on social media to spread the word about Saudi Arabia’s exciting steps into blockchain innovation! To learn more about the latest crypto market trends, explore our article on key developments shaping institutional adoption. This post Chainlink Partnership: Awwal Bank Forges a Pioneering Path in Saudi Blockchain first appeared on BitcoinWorld.

Author: Coinstats

2025/09/17

Bitwise files with SEC for stablecoin and tokenization ETF

Bitwise is moving to bridge Wall Street and blockchain, filing for the first U.S. exchange-traded fund dedicated to stablecoins and tokenized assets amid record sector growth. Bitwise Asset Management has filed with U.S. regulators to launch the first ETF focused…

Author: Crypto.news

2025/09/17

Symbiotic, Chainlink, and Lombard Partner For Cross-Chain Bitcoin Transfers

Symbiotic, Chainlink, and Lombard have unveiled their collaboration to launch the industry-first cryptoeconomic guarantee layer for secure cross-chain Bitcoin transfers. Related Reading: UK Crypto Groups Criticize Bank Of England’s Proposal To Cap Stablecoin Ownership – Report Symbiotic, Chainlink, And Lombard Team Up On Monday, staking protocol Symbiotic announced its partnership with decentralized oracle provider Chainlink […]

Author: Bitcoinist

2025/09/17

Bitwise files for stablecoin and tokenization ETF

Bitwise files with the SEC to launch a stablecoin & tokenization ETF, the first of its kind in the US.

Author: Cryptopolitan

2025/09/17

Larry Ellison’s Oracle Among Controlling Investors In TikTok Deal, Report Says

The post Larry Ellison’s Oracle Among Controlling Investors In TikTok Deal, Report Says appeared on BitcoinEthereumNews.com. Topline An investor group headlined by Larry Ellison’s Oracle, the private equity Silver Lake and Marc Andreessen’s venture capital firm will hold a controlling stake in TikTok’s new U.S. business, the Wall Street Journal reported Tuesday, as President Donald Trump claimed a deal was struck to keep the China-based app online nationwide. President Donald Trump signaled earlier, “We’ve got a deal on TikTok.” Getty Images Key Facts Oracle, Silver Lake and Andreessen Horowitz are among U.S investors who will hold an estimated 80% stake in a new U.S. company that will operate TikTok, with Chinese shareholders owning the remaining shares, the Wall Street Journal reported, citing people familiar with the matter. Oracle will control user data at its facilities in Texas under the new company, whose board will primarily consist of Americans and one member designated by the U.S. government, according to the Journal. Susquehanna International, KKR and General Atlantic and other existing investors in ByteDance, TikTok’s parent firm, would also be part of the controlling group. What To Watch For “We’ve got a deal on TikTok,” Trump said earlier Tuesday, noting he would speak with Chinese President Xi Jinping on Friday to confirm the deal’s framework. Trump later signed an executive order to extend a deadline for a TikTok sale to Dec. 16, allowing additional time for talks to finalize. CNBC reported the deal is expected to close in the next 30 to 45 days, citing unnamed sources familiar with details of the negotiations. Treasury Secretary Scott Bessent told the outlet the deal was completed “in essence” in March or April, but talks were delayed after Trump announced tariffs. Forbes Valuation Ellison is the world’s second-wealthiest person with an estimated net worth of $366.6 billion as of Tuesday. His fortune eclipsed the $400 billion threshold earlier this month after…

Author: BitcoinEthereumNews

2025/09/17

Trump Extends TikTok Deadline Ban To Dec. 16

The post Trump Extends TikTok Deadline Ban To Dec. 16 appeared on BitcoinEthereumNews.com. Topline President Donald Trump extended the deadline for a TikTok sale to Dec. 16 on Tuesday, delaying a potential shutdown of the app, hours after he told reporters he had reached a “deal” with Chinese officials on the app’s future. TikTok logo displayed on a phone screen and photo of Donald Trump taken on June 25 in The Hague displayed on a laptop screen in the background are seen in this illustration photo taken in Poland on July 21, 2025. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Trump signed an executive order Tuesday to give more time to finalize the sale, days before he is set to meet with Chinese President Xi Jinping to discuss the plan. Treasury Secretary Scott Bessent told CNBC earlier Tuesday the ByteDance deal was completed “in essence” in March or April, but that the Chinese delayed the deal after Trump’s tariff announcement. Tangent Trump told reporters Sunday “we may let [TikTok] die,” adding that it’s “up to China.” What To Watch For The deal is expected to close within the next 30 to 45 days, according to CNBC. Key Background This is the fourth time Trump has extended the deadline since a law took effect in January requiring TikTok’s parent company, ByteDance, to sell the app to a non-Chinese owner over security concerns related to its connection to the Chinese government. Chinese officials must sign off on the sale. Trump has taken a more lenient approach to TikTok than he did during his first term, crediting it with helping him win the youth vote in the 2024 presidential election. Further Reading Trump Suggests TikTok ‘Deal’ Reached With China —What To Know (Forbes) Trump Says TikTok National Security Concerns Are ‘Highly Overrated,’ Suggests Delaying Ban Again (Forbes) Battle For TikTok:…

Author: BitcoinEthereumNews

2025/09/17

Uranium.io Shakes Up Uranium Market With Launch of Real-Time Price Oracle

The post Uranium.io Shakes Up Uranium Market With Launch of Real-Time Price Oracle appeared on BitcoinEthereumNews.com. The crypto industry is not just about ETFs and price surges; it's also about tackling real-world market inefficiencies. The launch of Uranium.io's near-real-time uranium pricing oracle is a prime example of that. Uranium.io, a platform tokenizing Uranium, unveiled its pricing oracle on Tuesday, aimed at addressing the price opacity issues in the uranium market. Unlike oil, gold, base metals and agri commodities, uranium pricing has long relied on over-the-counter deals – privately negotiated and fragmented transactions that leave market participants in the dark. This absence of a reliable real-time market action gauge has bred inefficiencies and uncertainty, limiting broad-based participation in the market. Uranium.io's oracle changes the game by aggregating data from dozens of market sources, including spot price feeds, nuclear-sector equities, commodity funds, and related assets. The proprietary system uses sophisticated algorithms to update uranium spot price estimates every 60 seconds, providing an almost live pricing engine that mirrors the complex dynamics of uranium fluctuations. “While uranium itself trades privately, its value is constantly being priced in public markets through related assets like uranium ETFs, mining stocks, and specialized funds. Our oracle uses statistical modeling to synthesize these pricing signals into a near-real-time uranium spot price estimate. It's similar to how other commodity benchmarks work, aggregating signals from related markets to create reliable price references,” Ben Elvidge, Head of Commercial Applications at Trilitech and the Product Lead for Uranium.io, told CoinDesk. Uranium.io is a blockchain-based project that aims to democratize the uranium market. The platform enables individual and institutional investors to trade and own fractional shares of physical uranium (U₃O₈), also known as “yellow cake,” providing transparent access to a market traditionally dominated by large institutions. Each xU308 token is backed by real, physical uranium stored in a regulated facility operated by Cameco, which is the world's largest publicly…

Author: BitcoinEthereumNews

2025/09/17

Secure Your Investment: Bitwise’s Stablecoin & Tokenization ETF Gains SEC Approval

Bitwise has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to introduce a new investment vehicle called the “Stablecoin & Tokenization ETF.” This exchange-traded fund aims to mirror an index composed of firms involved in stablecoins and blockchain tokenization, providing investors with targeted exposure to key crypto markets. According to the recent [...]

Author: Crypto Breaking News

2025/09/17

Bitwise files for stablecoin, tokenization ETF with US SEC

                                                                               Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules.                     Bitwise filed with the US Securities and Exchange Commission (SEC) to launch the “Stablecoin & Tokenization ETF,” an exchange-traded fund designed to track an index split between companies tied to stablecoins and tokenization.According to a Tuesday filing, the proposed ETF will track an index featuring companies from stablecoin issuers, infrastructure providers, payment processors, exchanges and retailers to regulated crypto exchange-traded products (ETPs) with exposure to Bitcoin (BTC) and Ether (ETH). The index, which will go through quarterly rebalances, is split into two equally weighted sleeves: an equity sleeve and a crypto asset sleeve, each making up half of the fund.The equity sleeve will focus on companies most directly tied to stablecoins and tokenization, while the crypto asset sleeve will provide exposure to blockchain infrastructure that supports stablecoins and tokenization, including blockchain oracles.Read more

Author: Coinstats

2025/09/17