Securitize and Redstone pilot a trusted single-source Oracle Machine to ensure the security of tokenized fund asset net values.
Odaily News The tokenization asset issuer Securitize and the oracle machine provider RedStone have released a White Paper aimed at introducing a new model for securely validating on-chain Net Asset Value (NAV) data, specifically for tokenized private funds. This model is called Trusted Single Source Oracle (TSSO) and intentionally addresses a critical gap in Decentralized Finance (DeFi) infrastructure: how to reliably prove that each asset's net value update indeed originates from a trusted source and cannot be tampered with once it is on-chain. (CoinDesk)