Stox and Zap Partner to Achieve Decentralization

ZAP and Stox have partnered to offer a powerful solution to leading blockchain data issues. Zap’s oracles will enable the Stox platform to become fully decentralized through the use of Zap’s oracle data platform. Data will be delivered to the blockchain allowing the smart contracts which power the Stox platform to perform based upon that data.

The ZAP platform allows clients to harness the best data streams to smart contracts. By using ZAP, customers are able to:

Choose an oracle

Select data feeds

Access data

Purchase with tokens

Input to smart contracts

ZAP allows access to oracles that bring real-world data to smart contracts, in one easily accessible store. The platform is simple, all users need to do is just download the ready to use smart contract, plug n’ play, code. Then, just set the configuration and the data is oraclized and ready to be used.

As detailed in a press release issued by Zap, the partnership will benefit Stox clients as the Zap Project is solving one of the biggest challenges in blockchain — the need for oracles that can provide smart contracts with access to off-chain data.

Yossi Peretz, CEO of Stox, commented on the partnership with Zap, stating, ‘’Decentralization is valued by blockchain users because it is seen as a form of data protection, and it is a major selling point for blockchain platforms. Our blockchain-based prediction market proves how a prediction market can work with an oracle marketplace to not only bring real world data onto the blockchain, but to allow developers and speculators to arrive at a consensus about future events, as well.”

Learn more about the Zap project on their website.