Blocksense Network

Blocksense operates in the blockchain industry, providing a fully decentralized protocol for creating and consuming oracle data feeds. The company serves developers, data providers, and blockchain networks by offering a platform where anyone can create secure oracles in minutes. Blocksense leverages ZK rollup technology to ensure cost efficiency and scalability. The business model is based on staking the BlockSense token, where data providers stake funds and operate automated oracle nodes. These nodes fetch oracle scripts and broadcast results to the network. Aggregators then package these updates into bundles, which are combined into final blocks by block builders and published on the target chain. Blocksense makes money through token staking and incentivizing data providers and aggregators. The market it operates in is the decentralized finance (DeFi) and blockchain technology sectors, focusing on enhancing security and scalability in oracle networks.

Keywords: decentralized, protocol, oracle, ZK rollup, blockchain, staking, data feeds, automated nodes, DeFi, scalability.