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📅 July 3, 7:00 – July 9,
Securitize and Redstone pilot a trusted single-source Oracle Machine to ensure the security of tokenized fund asset net values.
Odaily News Tokenization asset issuer Securitize and Oracle Machine provider RedStone have released a White Paper aimed at introducing a new model for securely verifying on-chain Net Asset Value (NAV) data, specifically for tokenized private sale funds. This model is called the Trusted Single Source Oracle (TSSO) and deliberately addresses a critical gap in Decentralized Finance (DeFi) infrastructure: how to reliably prove that each asset's net value update indeed comes from a trusted source and that once on-chain, it cannot be tampered with. (CoinDesk)