Decentralized Oracle (DEOR)

IEO

Last updated: Apr 04, 2021

DEOR is a fully decentralized oracle network with a randomizer, reputation and security monitoring systems.

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Overview

Project industry	Privacy & Security
Product type	Technology
Whitepaper	Open

What is Decentralized Oracle

DEOR is a next-generation oracle system that overcomes the oracle problem by aggregating multiple oracle sources.

DEOR provides higher-quality data to the blockchain by bringing information from multiple perspectives to remove possible bias or manipulation happening on one or multiple oracles.

DEOR works in a decentralized manner and has a dynamic reputation and scoring system allowing users to increase/decrease an individual oracle's reputation and weight based on its behavior during data collection.