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Balaji Srinivasan: Creating Sources of Definitive Truth With Blockchain Oracles


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Published on Aug 12, 2021
Balaji Srinivasan, angel investor and Former CTO of Coinbase, gave a keynote at SmartCon regarding "Cryptoinformation"—sources of definitive truth created by decentralized oracles. He argued that blockchain technology and oracles can separate facts from narratives, enabling a transparent world where information can be verified in real-time through a digital ledger, combating misinformation and censorship. Balaji also announced an initiative in collaboration with Chainlink supporting the development of a censorship-resistant, decentralized inflation index that accurately represents global inflation rates. The winners will get a $100k investment from Balaji and a $100k grant from the Chainlink Grant Program.

Learn more about the co-funded inflation dashboard initiative:

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Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain.

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