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Morph Integrates RedStone Oracle for Real-Time, Secure Pricing for On-Chain Payments
Source: CryptoNewsNet Original Title: Morph Integrates RedStone Oracle for Real-Time, Secure Pricing for On-Chain Payments Original Link: Morph, a renowned on-chain settlement and payment platform, has integrated with RedStone Oracle, a prominent blockchain oracle ecosystem. The strategic integration improves real-time pricing reliability within Morph’s network. The integration aims to provide verifiable, accurate, and secure price feeds for financial settlements and payments on-chain, fortifying Morph’s capability to back real-world financial utilities at scale.
RedStone Integration Accelerates Real-Time Price Feeds for On-Chain Payments on Morph
With this integration, RedStone has become a crucial oracle platform working within the Morph network, supplying both push-based and pull-based price feeds. The pull-based design of RedStone permits applications to bring pricing data just when required. This decreases costs while maintaining significant accuracy during execution. The architecture is particularly suited for settlements and payment flows, where precise pricing at the time of transfer is essential.
As a result, Morph can support relatively complicated financial logic while making no compromise on security or efficiency. The partnership also enhances backing for Forex conversions and multi-currency settlements. With the data cryptographically signed, Morph-built apps get extra protection against fraud and manipulation. These features are critical for utilities like cross-border payments, treasury management, payroll processing, and merchant payouts.
Expanding Ecosystem with Real-World Decentralized Payments
Morph views this integration as another step in its wider strategy to develop real-world, scalable infrastructure for on-chain finance. With RedStone working as its primary oracle partner, the platform continues advancing its ecosystem to benefit users, businesses, and developers seeking decentralized solutions for payments. Ultimately, the partnership fortifies Morph’s status as a next-generation hub for on-chain payments.