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Why Web3 Needs Oracles: Breaking It Down in Plain English

Summary by Fxcryptonews
Web3 is the next evolution of the internet. Unlike the current version (Web2), which is controlled by centralised companies like Google or Meta, Web3 is built on blockchains. This means it’s decentralised, owned and operated by the users, not just big corporations. Smart contracts are the core of Web3. These are self-executing programs that live on the blockchain. They automatically perform tasks such as sending payments, minting NFTs, or moving…
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Fxcryptonews broke the news in on Thursday, July 17, 2025.
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