Zug, 23 June 2021 — Bitcoin Suisse AG (“Bitcoin Suisse“) is today announcing its crypto technology partnership with ubinetic, joining ubinetic’s oracle service as an independent Data Transmitter. Built with Tezos smart contracts, ubinetic’s oracle services provide real-world data to the blockchain world. As a Data Transmitter, Bitcoin Suisse will ensure that market data for oracles are independently delivered to decentralized applications.
Zug-based ubinetic has launched new, open-source oracles in May 2021 that leverage Android’s key attestation and built-in hardware security modules to create a verifiable trusted execution environment. Its oracle application fetches prices from liquid markets, checks whether the source data is accurate, timely and complete and signs the data to ensure that manipulation can be detected. To ensure that the application is run independently, so-called Data Transmitters run the mobile devices. For more information, read ubinetic’s medium blog post here.
Fabian Hediger, Head Innovation stated: “By partnering up with ubinetic, we are further innovating and exploring new technology solutions within…
Zug, 11 August 2021 — We are happy to announce that Swisscom (Schweiz) AG is joining ubinetic’s oracle service as an independent Data Transmitter. As such, Swisscom will ensure that market data for oracles are independently delivered to decentralized applications.
In May 2021, the Zug based company ubinetic announced the launch of new, open-source oracles that leverage Android’s key attestation and built-in hardware security modules to create a verifiable trusted execution environment. ubinetic’s oracle application fetches prices from liquid markets, checks whether the source data is accurate, timely and complete and signs the data to ensure that manipulation can be detected. To ensure that the application is run independently, so-called Data Transmitter run the mobile devices. For more information, read ubinetic’s medium blog post here.
Aetienne Sardon, FinTech Innovation Manager at Swisscom says:
“As Swisscom we want to enable the…
Sygnum Bank is pleased to announce that it has joined ubinetic’s oracle service as an independent Data Transmitter. ubinetic’s oracles provide smart contract developers with real-world data that can be used by decentralised applications, enabling the development of autonomous smart contracts that are executed in real-time, based on market conditions. As an independent Data Transmitter, Sygnum ensures this data is accurate and trusted.
ubinetic’s oracle application fetches prices from liquid markets, checks whether the source data is accurate, timely and complete, and signs the data to ensure that manipulation can be detected. Trusted digital asset experts such as Sygnum Bank act as Data Transmitters, running the application independently and confirming that the collected data corresponds to the data provided by the data source. For more information, read ubinetic’s medium blog post here.
Martin Burgherr, Sygnum’s Chief Clients Officer, says, “Accurate and reliable data on the blockchain increases the potential of digital assets to transform the financial industry, and is a key building block…
June 2, 2021: Geneva — Zug: Taurus SA (“Taurus“) is pleased to announce that it joins ubinetic’s oracle service as an independent Data Transmitter.
In May 2021, the Zug based company ubinetic announced the launch of new, open-source oracles that leverage Android’s key attestation and built-in hardware security modules to create a verifiable trusted execution environment. ubinetic’s oracle application fetches prices from liquid markets, checks whether the source data is accurate, timely and complete and signs the data to ensure that manipulation can be detected. To ensure that the application is run independently, so-called Data Transmitter run the mobile devices. For more information, read ubinetic’s medium blog post here.
JP Aumasson, Taurus co-founder and Chief Security Officer:
“Sound oracle solutions are key to secure…
Oracles provide smart contract developers with real-world data that they can use in the blockchain environment. Popular use cases for oracles involve financial data as this allows the development of financial contract engines based on autonomous smart contracts. Oracles are not limited to financial data. Using the right data, one could also create autonomous crop-insurances based on weather data.
The challenge
The challenge that all oracles face today is how data can be verified as being accurate, timely and complete. Since data is mostly made available through the HTTP protocol an obvious approach could be the use of the widespread HTTPS/TLS protocol…
