Wolfram Blockchain Labs (WBL) and Tezos forge a full integration of Tezos into Wolfram Language and Wolframalpha. The integration gives easy access to developers who want to interact with the Tezos blockchain and their smart contracts.
Oracle designed by WBL extends the computing and analytical capabilities of Tezos developers
Amid the accelerating race to simplify smart contract implementation, Tezos continues to build on its latest momentum after integration Wolfram Alpha and the Wolfram language via the Wolfram blockchain.
Wolfram, a renowned provider of computer technology, provides computer languages and answer engines through its own distributed ledger technology. The two-way integration orchestrated by Wolfram Blockchain Labs (WBL) and the TQ Tezos aims to enable both blockchains to separate and push data.
This integration is made possible by a Wolfram designed blockchain oracle which allows Tezos developers to leverage Wolframalpha data and calculation facts, while Wolfram users will have the ability to analyze Tezos blockchain data. An oracle essentially serves as a bridge between two blockchains, allowing a blockchain to pull data from an external source via an off-chain transaction, similar to an API.
In the context of Tezos smart contracts, this oracle gives smart contracts the ability to retrieve computational data from Wolframalpha, such as pricing data or other forms that may be required to fulfill a contract term or trigger an event. The analytical component of a smart contract can then be more easily automated without compromising security.
Safer and more reliable smart contracts
The secure delivery of computational facts from Wolfram’s algorithm and knowledge base via oracles perfectly complements Tezos’ formal verification method, which confirms the correctness of smart contract properties. Together, this means more shortcuts for developers looking for safer and more reliable smart contracts.
By extension, this expanded functionality not only strengthens the Tezos development ecosystem, but also aligns with other movements, such as recent upgrades that have drastically reduced transaction costs for smart contracts. In addition, the link increases the potential for Wolfram Blockchain users to mine the Tezos blockchain with statistical questions that effectively analyze smart contract activities.
Tezos’ self-improving nature and constantly expanding toolkit marks another important milestone for this blockchain of the third generationWolfram has also indicated that developer tools would continue to broaden as the collaboration grows amid reports that Wolfram is exploring a role as a “baker” in Tezos. proof of stake (PoS) blockchain.
What’s next for smart contracts? Where else do you see them implemented? Let us know in the comments below.
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