Secure Oracle Infrastructure from RWA DAPPS, our partner with Chainsight

Ozean, a real-world asset (RWA) blockchain by ClearPool, is partnering with Chainsight to strengthen its Oracle system. Ozean’s decentralized app allows you to secure and fast data from off-chain sources, pricing and handling, handle tokens according to regulations, and earn distributed finance (DEFI) rewards.

Explore ways to better connect strategic data systems

Ozean, the RWA, ClearPool blockchain, links with Chainsight to enhance Dapps’ Oracle technology. Chainsight’s Oracle Technology is integrated into Ozean’s system, making it easier to access off-chain data directly on the blockchain. Based on Ozean’s broader goals, this development ensures the security and compliance required for distributed financial (DEFI) solutions in the RWA field.

Chainsight’s Oracle System is open to participation and works with EVM, SVM, and non-EVM chains. As part of that security, the platform applies chain keys and ZKTLS encryption to ensure that the outage is zero while protecting the data and its records. From advanced indexers to real-time oracles, its data capabilities help you pass external data safely to smart contracts.

If Dapps is in Ozean, you can use events generated by a validated secondary data stream, such as APIs, or blockchain. This allows for features such as automatic pricing of financial assets, checking adherence, and generating yields essential for the regulating and scalable use of RWA.

Artion allowed Ozean to upgrade RWA Finance’s technology setup

Ozeans are built to act as a scaled Layer 2 network that runs primarily on the OP stack and is connected to an optimistic superchain. This work is intended to solve major problems in the RWA sector. Ozean uses Chainsight to upgrade the infrastructure and support for financial applications built with blockchain technology.

The company behind Clearpool, behind Ozean, has given institutional borrowers $800 million in credit since March 2022 in the form of tokens. With Chainsight’s Oracle structure, data sharing and trust will be improved with Ozean’s growing blockchain, helping to build a more secure RWA finance ecosystem.

Chainsight has reached $1 billion and supports over $200,000 in daily options trading at Berachain. Integrating with 12 different protocols and over 21 blockchain networks has been shown to grow and function.

Create both scalable and compliant future DefiRWA applications

The alliance between Ozean and Chainsight is an essential step in establishing a suitable system for real tokenized assets. Collaboration will enhance Ozean’s ability to support credit protocols, asset tokenization platforms, and Defi products that need access to external data to work properly and remain compliant.

Both companies plan to increase the use of RWA’s Web3 Finance to address typical technology-related and data issues. As a result, RWA services become more secure, serving a larger customer base, meeting required regulations, and helping to further improve the decentralized financial sector.