Understanding On-Chain Data: Beyond the Hype

🔍 Blockchain's Secret Diary

By Rango Exchange
Jun 9, 2025, 2:59 PM
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On-chain data serves as a transparent, immutable record system with real-world applications beyond cryptocurrency:

  • Enterprise Adoption: Walmart utilizes blockchain for supply chain tracking
  • Financial Innovation: Powers DeFi protocols and transparent transactions
  • Digital Ownership: Enables verifiable NFT authenticity and transfers
  • Governance: Supports DAO operations with transparent voting

On-chain data differs from off-chain sources, requiring oracles to bridge external information into blockchain networks.​ This infrastructure enables smart contracts to interact with real-world data while maintaining security and reliability.​

Learn more about on-chain data

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