Tezos Partners with Wolfram, A Computational Tool to Integrate Data Oracles on the Blockchain

  • Wolfram Blockchain Labs (WBL), the creator of Wolfram Alpha, a mathematical computing tool, announced its partnership with TQ Tezos, a New York-based tech firm building Tezos blockchain solutions open software.
  • The partnership is also set to integrate Tezos blockchain in the Wolfram Language to support smart contract development and develop an oracle that provides Wolfram data to Tezos smart contracts.
  • This brings the total number of oracles on Tezos to three – Chainlink and Harbinger, the other two.

In a post this Monday, Wolfram targets the high-speed network to build out its blockchain wing, Wolfram Alpha expanding the features and services available to developers. Johan Veerman, the chief technology officer of WBL, said,

“Tezos is an exciting third-generation blockchain that features several services and functions that will expand what's available to our developers.”

The post further explained that the partnership would enhance the deployment of smart contracts on the Tezos blockchain.

Wolfram Blockchain Labs offers institutions and developers a computational tool necessary to build blockchain solutions and quickly develop smart contracts. The partnership sees Tezos added to the Wolfram Language, opening new avenues for developers to deploy their apps efficiently.

Notwithstanding, the partnership will also see Wolfram develop an oracle that allows Tezos apps and developers to get data from Wolfram Alpha, a computational engine built by Wolfram Research Inc. According to the statement, the oracles were verified through the Mi-Cho-Coq framework, created by Nomadic Labs, to ensure all smart contracts on the platform run smoothly and correctly.

WBL will also provide a smart contract development toolkit, currently supporting basic features and services, to simplify the development of smart contracts on the Tezos blockchain.

Tezos now becomes the latest blockchain to join the Wolfram Language following Bitcoin, Ethereum, Cardano, Ark, and Multichain, since 2019. Additionally, WBL is looking at solutions to add baking (staking) properties of Tezos in the near future, the statement reads.

“This and our other blockchain partnerships help move WBL toward the larger goal of bringing computational reform to the financial industry: smart contracts, symbolic data, and smart reporting.”

Tezos recently announced its major Edo hard fork upgrade late last year to increase users’ privacy on the network. The network automatically updated on November 30, adding the sapling protocol by Electric Coin Company (ECC), allowing shielded transactions.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide