Data Feeds
Last updated
Last updated
Ensuring the security and reliability of data feeds is crucial for both Web2 and Web3 applications, including Decentralized Exchanges (DEXs) and Money Markets Protocols.
Zether empowers the aggregation of data from any source, enabling a wide array of applications such as the tokenization of real-world assets (RWA).
The diagram below illustrates a generalized approach to collecting data from various Agents, processing, verifying, and ultimately publishing it on-chain for use by a diverse range of applications.
The data oracle is connected to external data sources. A set of Transmitters send data proposals to a Controller in the Zether Network. The Controller checks the proposal and sends it to a Conductor that delivers the data to a dApp through Circuit. The dApp performs an action based on the data.