Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. The main Tellor smart contract creates a time series of each requested data series and aims to become the standard source of high value data for decentralized applications. This oracle, “Tellor”, utilizes similar incentive mechanisms to other cryptocurrency systems through the issuance of Tellor’s token, Tributes, that are used to request a particular data series from miners.
The Bezant Blockchain is a Service platform providing Content developers and eCommerce merchants a disruptive way to sell to customers. Allow anyone to setup their own Content or Commerce store and send/receive payments from anywhere in the world using local payment methods. The BZNT token will serve as the native cryptocurrency and medium of exchange within the Bezant platform which will eliminate expensive Store fees (30%) and provides instant P2P payments to merchants.