What Is Airnode?
The decentralized web, also known as Web 3.0, is the next evolution of the internet. It revolutionizes asset transfers by utilizing blockchain technology.
Web 3.0 has presented significant growth potential for organizations since the beginning of the internet. Airnode offers a simple way to enter this technology. It acts as an open-source Web3-API middleware that facilitates seamless integration between any web API and a blockchain application.
Web3 security relies on decentralization, which poses challenges for API providers. Smart contracts cannot directly connect with APIs that provide access to real-world data and services. Oracles bridge the gap between blockchains and the physical world. In this context, Airnode serves as the Web3 oracle solution for the API economy. It operates as a serverless platform that requires no maintenance and enables the connection of any web API to any blockchain application. Unlike traditional oracles, Airnode eliminates the need for a third-party intermediary.
When businesses connect with the blockchain, third-party oracles often charge substantial fees. However, Airnode allows any business to establish a direct link to blockchain apps while keeping 100% of their revenue. This free and open-source platform ensures that users always maintain control over their connectivity to the blockchain.
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