The Role of Oracles in DeFi and Crypto

The video discusses the role of oracles in blockchain, focusing on how they provide trustworthy data for smart contracts. It highlights the Pith Network's contribution to data sharing, attracting major trading firms to the blockchain. The video also explores why high-frequency trading firms are more inclined to engage with crypto compared to larger banks, due to their nimbleness and risk tolerance. It compares decentralized finance with traditional finance, noting the strengths and weaknesses of each. Finally, it covers the evolution of the Pith Network, its expansion to multiple blockchains, and the variety of data it offers.

How has the Pith network contributed to the evolution of data sharing in trading?

What challenges do banks face in engaging with the crypto universe?

What types of data does the Pith network provide, and how is it utilized?