Orcfax $FACT

Orcfax is a remarkable decentralized oracle service that brings real-world information to the Cardano blockchain. This platform specializes in providing data to on-chain smart contracts in Cardano's eUTXO native format by leveraging the Cardano Open Oracle Protocol (COOP).

Orcfax: The Decentralized Data Provider

With an unyielding commitment to transparency and accuracy, Orcfax has set new precedents in the realm of decentralized oracle services. It offers audited and validated real-world data that can be used with confidence by smart contracts on the Cardano blockchain. The distinguishing feature of Orcfax is that it uses fact checking vocabularies to mark up its oracle data, ensuring that the information provided is authentic and precise.

Archived and Audited Data

Orcfax goes beyond simply providing data. It also maintains standard-compliant audit logs of all its real-world data collection and validation activities. These audit logs are accessible on the permissionless Arweave.org decentralized storage network or can be accessed through Orcfax’s personal application, the “Fact Explorer”.

Enhancing Trust with Authenticity

In an industry where trust and authenticity are paramount, Orcfax stands out with its commitment towards providing verified data. The unique approach of marking its published data with fact checking vocabularies not only ensures the accuracy of the data but also heightens its repurpose-ability, making Orcfax a more reliable and versatile choice compared to standard oracles.