New York Senate Is Coding Real Life! đïžđ
New York is back at it again with the ORACLE Bill! đïžđ This re-proposed legislation aims to manage how smart contracts handle data from real-world events, making sure digital agreements don't lose touch with reality. đâš
From an economic perspective, this is a masterclass in "Oracle Reliability." If we want blockchain to eventually handle massive insurance or supply chain contracts, the data inputs must be legally sound and bulletproof. đĄïžđ
It is a vital step toward merging code with physical reality, ensuring that "Code is Law" actually makes sense in our daily lives. đđ€
By setting these rules, New York is trying to bridge the gap between complex algorithms and tangible events. Who knew lawmakers were becoming so tech-savvy? đŠđ