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Spydra Platform
Spydra Platform
  • GETTING STARTED
    • Introduction
    • Why Spydra?
    • Blockchain fundamentals
      • Why Blockchain?
      • Private Blockchain
      • Public Chain
    • 🎧Getting started with a Private Network
      • Creating an account
      • Creating an organization
      • Creating a Network
      • Apps
    • 🔊Getting started with a Token Store on Public Chain
      • Token store
      • Customise token store front
      • List a real world asset and issue tokens
      • Manage token lifecycle
    • Intro to Hyperledger Fabric
  • Products Overview
    • 🎧Private Network
      • Organizations
        • Users and Organizations
        • Organisation Hosting - Spydra Hosted and BYOC
        • Organization Statuses
        • Organization Roles & Permissions
        • Organization Dashboard
        • Organization Entities
      • Networks
        • Network Statuses
        • Network Roles & Permissions
        • Network Configurations
        • Mandatory Card Addition
        • Nodes: Peer, Orderer & CA
        • Network Hosting Type
        • Network Dashboard
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        • Nodes
      • Channels
      • Apps
        • Pre-Configured Apps
        • Custom Apps
      • Asset Tokenization
        • Use cases
        • Asset types
        • References
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        • Permissions
      • Tokens & Vault
      • Listeners
        • Network Listeners
        • App Listeners
        • Token Listeners
      • Workflow Builder
      • Oracles
      • GraphQL
      • Block Explorer
      • IPFS
      • Fabric Debug Plugin
    • 🔊Public Chain
      • Token Store
      • Tokenize Real World Assets
      • Tokenomics: Token & Token Sale
      • Trade & Payout
  • How to
    • 🎧Private Network
      • Account
        • Create an Account
        • Edit Profile details
        • Update email & Password
        • Forgot password
        • Google OAuth Signup - Update Email & Password
        • Deactivating or deleting your account?
      • Organizations
        • Create an Organization
        • Create & Manage BYOC Hosting
        • Invite members to an organisation
        • Edit Organization details
        • Manage Org members
        • Leave an Organization
        • Update Organization member roles
        • Pay Organisation Invoice
        • Update Billing Address
        • View Invoices
        • Organization Dashboard
        • Delete an Organisation
      • Networks
        • Create a Network
        • Advance Settings: Key Vault Store
        • View and edit Network details
          • Update Permissions for Network Members
          • Update Network Configuration
          • Update Key Vault
          • Manage API Keys
          • Delete a network
        • Inviting an organisation to a Network
        • Network Roles & Permissions
        • Joining a Network
        • Network Dashboard
      • Apps
        • Explore Apps
        • Deploy App
          • Deploying Asset Tokenization App
        • Manage Apps
        • Application Dashboard
      • Channels
        • Creating a Channel
        • Create a Consensus Policy
        • Update Channel
        • Channel Members
        • Delete channel
      • Nodes
        • Create Node
        • Node Dashboard
        • Delete Node
      • Pre-configured Apps
        • Deploy Asset Tokenization App
        • Asset Data
      • Custom Apps
        • Deploy Custom Chaincode
        • Chaincode as external service
        • Supported File Formats - ZIP format
        • Building in Binary format
          • Golang - Binary Format
          • Java Jar files
        • Chaincode Logs
      • Workflow
        • Triggers
        • Condition
        • Read
        • Actions
        • End
        • Variables & Identifiers
        • Calculations & Formulas
      • Oracles
        • Create an Oracle
        • Oracle with Asset tokenisation
        • Oracle with Custom Chaincode
      • Listeners
        • Create a Listener
        • Manage Listeners
    • 🔊Public Chain
      • Account
        • Create an Account
        • Edit Profile details
        • Update email & Password
        • Forgot password
        • Google OAuth Signup - Update Email & Password
        • Deactivating or deleting your account?
      • Token Store
        • Create a Token Store
        • Design Store Front
        • Custom Domain Hosting
        • Google Analytics Integration
        • Create & Manage Store Users
          • Store User KYC
        • Accreditation Management
        • Store Payments
        • Token Store Customers
      • Tokenise a Real World Asset
        • Real Estate
        • Other Asset Categories
      • Create a token
        • Define your token
        • Investor & Buyback Settings
        • Configure token returns & payouts
        • Create token sale
      • Additional Configurations
        • Create a Document Workflow
      • Publish Asset
      • Tokenise on TestNet
        • Polygon Amoy
      • Manage Token lifecycle
        • Returns & Payouts
          • Initiate an equity payout
          • Authorise Debt Payouts
          • View all payouts
        • View token investors
        • View token transactions
        • View signed documents
        • View/ Create a token sale
        • Post Token Updates
        • Update Price
        • Buyback Requests
  • Billing & Pricing
    • Pricing
    • Billing
      • Opt-in Billing
      • Opt-out Billing
    • Adding a Card & Autopay
    • Invoice Payments
    • Billing forecast
    • Unpaid Invoices
    • Credits
  • Developers
    • API Reference
      • Asset Tokenization
        • REST API
        • Testing REST API
        • GraphQL
          • Quickstart
          • Simple queries
          • Nested object queries
          • Complex queries
          • Aggregate queries
          • Operators
          • Built-in attributes
          • Pagination
      • Custom Chaincode
        • REST API
        • Testing REST API
        • GraphQL
          • Quickstart
          • Simple queries
          • Complex queries
          • Operators
          • Pagination
      • Token Store (Public Chain)
        • Token Issuer
        • Investor
      • IPFS
    • Developer Tools
      • Monitoring [Coming Soon]
    • API Key
  • Support
    • FAQs
    • My account is banned [D]
    • Why is it recommended to have an Odd number of Orderer nodes on a Network?
    • Support
  • Others
    • Glossary
  • Policies
    • Terms & Conditions
    • Privacy Policies
    • Open Spydra
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  1. How to
  2. Private Network

Oracles

Oracle services play a critical role in blockchain by providing external data to smart contracts. They act as bridges between the blockchain world, which is typically isolated from external information, and the real world, where data such as prices, weather conditions, and events can affect the behavior of smart contracts.

With Spydra, oracles are used to bring external data into your blockchain network. Oracles can be used to fetch data on demand or at a defined frequency.

Schedule an Oracle:

One of the key features of Spydra is the ability to schedule an oracle to obtain off-chain data at a defined frequency. By adding a scheduler to the smart contract, users can automate the process of fetching data at regular intervals. This not only ensures that the data is up-to-date but also enables the creation of efficient and streamlined workflows within the blockchain network.

Data on Demand:

In addition to scheduled data retrieval, Spydra also allows users to call the oracle on demand. This means that users can simply invoke the oracle whenever they need to access external data for performing various operations or executing workflows on the blockchain. This flexibility empowers users to have real-time access to the most relevant and current information whenever it is required.

PreviousCalculations & FormulasNextCreate an Oracle

Last updated 1 year ago

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