[2016-9-15] Hardware Oracles: bridging the Real World to the Blockchain

[newsatbravenewcoin]

Blockchain applications live in their own digital realm, totally orthogonal to the “meat space” also known as the Real World™. Be it decentralized application or smart contracts, their reach is limited to the space they can control. Any use case projection in our reality eventually confronts the following hard fact: how can an app efficiently and securely interact with the physical world?

http://bravenewcoin.com/news/hardware-oracles-bridging-the-real-world-to-the-blockchain/

[Gahs]

And that's just the first step. I know there will be more innovations to make the blockchain technology more relevant to the real world -  hence a mass adoption

[Karartma1]

A quote from the article:

There are some technical pros and cons for such an implementation, but the major issue is that you need to trust the source of information.

Weren't we here to allow a trustless environment? What is this attempt to have a "trusted third party" back in the game?

I use bitcoin because I know that my tx will be accepted regardless who/what confirms it.