On-Chain Truflation Oracle
The Truflation Oracle uses the Chainlink oracle ecosystem to offer true daily inflation updates to projects and decentralized applications across all blockchains.
Chainlink is a middleware or a multichain bridge between off-chain data APIs and on-chain smart contracts. Chainlink effectively translates the real-world data to the programming language that the smart contracts can understand.
For example, you could create a smart contract that pays someone every time they correctly predict the inflation rate. The smart contract can check the person’s guess against the Truflation Oracle and execute whenever they guess correctly.