Tezos Ties-Up with Wolfram Blockchain Labs to Simplify Smart Contract Deployment – Altcoins Bitcoin News

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Wolfram Blockchain Labs (WBL) and Tezos forge a full integration of Tezos in Wolfram Language and Wolframalpha. The integration provides easy access for developers who wish to interact with the Tezos blockchain and their smart contracts.

Oracle with WBL design extends the computing and analysis functions of Tezos developers

Amid the accelerating race to simplify the delivery of smart contracts, Tezos continues to build on its latest momentum after integrating Wolframalpha and the Wolfram language over Wolfram’s blockchain.

Wolfram, a renowned provider of computer technology, supplies computer languages ​​and response modules through its own distributed ledger technology. The bidirectional integration orchestrated by Wolfram Blockchain Labs (WBL) and TQ Tezos is intended to enable both blockchains to access and transfer data from each other.

This integration is made possible by a blockchain oracle designed by Wolfram, which allows Tezos developers to access Wolframalpha data and computational facts, and enables Wolfram users to analyze Tezos blockchain data. An oracle essentially serves as a bridge between two blockchains so that a blockchain can pull data from an external source similar to an API via an off-chain transaction.

In connection with intelligent contracts from Tezos, this oracle offers intelligent contracts the possibility to retrieve calculation data from Wolframalpha, e.g. B. Price data or other forms that may be required to meet a contract condition 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 provision of computational facts from Wolfram’s algorithm base and knowledge database via oracles perfectly complements Tezos’ formal verification method, which confirms the correctness of the properties of intelligent contract properties. Together, this means more shortcuts for developers who want to create safer, more reliable smart contracts.

This expanded functionality not only strengthens the Tezos development ecosystem, but also meshes with other measures such as recent upgrades that have dramatically reduced smart contract transaction fees. In addition, the merger expands the potential for Wolfram blockchain users to mine Tezos’ blockchain with statistical queries that are used to effectively analyze intelligent contract activity.

Tezos’ self-improvement and the ever-growing toolkit mark another important milestone for this third generation blockchain. Wolfram has also stated that the developers’ tools will continue to expand as the collaboration grows. Wolfram is reportedly investigating a role as a “baker” on Tezos’ Proof-of-Stake (PoS) blockchain.

What’s next for smart contracts? Where else do you see it implemented? Let us know in the comments below.

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