Last updated on July 7th, 2022 at 11:41 am
Algoracle is making headlines again with its latest partnership announcement! Algoracle has announced a new partnership with OddsJam, which will make the company the first decentralized sports betting API to provide sports data to the Algorand ecosystem. Algoracle will aggregate that data and provide it to the blockchain, providing real-time data to dApps without any delays.
Algoracle is a unique abstraction layer decentralized oracle network built on the Algorand Blockchain that enables universally connected decentralized node networks to securely interact as independent sources to provide critical off-chain, real-time external data feeds required by complex smart contracts to become a strong form of digital agreement. To execute smart chain contracts, real-time network exchanges incorporate accurate and up-to-date sports, weather, and cryptocurrency market data.
According to Algoracle CEO, Abdul Osman, “We are excited to partner with OddsJam to bring sporting data on-chain. Sports related dApps are an underserved segment ripe for innovation, and we are proud to be building Algoracle into the premier oracle for sporting data across all blockchains. ”
OddsJam is the premier data provider for sports betting data. OddsJam’s proprietary technology processes over one million odds per second to deliver the fastest, most accurate data to their partners in the sports betting industry.
Trusted by hundreds of thousands of bettors worldwide, OddsJam offers the most comprehensive data in the industry, with access to over 50 sportsbooks and thousands of markets.
“Algoracle is bringing cutting edge sports betting data to the blockchain, and we’re excited to help power their technology”, says OddsJam’s Co-Founder Alex Monahan. “Gone are the days of building sports betting dApps on delayed data.”
The partnership is significant as it demonstrates Algoracle’s determination to fulfill its objective of providing accurate, up-to-date information so that smart contracts can be executed smoothly and efficiently.
For more information about the Algoracle and OddsJam partnership please visit OddsJam.com, follow on Twitter @OddsJam or join the OddsJam Discord, and Algoracle.ai, follow on Twitter @Algoracle or join the Algoracle Discord.
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