As it aims to build a global, decentralized network, Nodle chain thrives via two core components within its chain:A decentralized ledger and a centralized oracle.
While Iot devices of smart city systems surrounds & affects our daily life interactions, they generate a lump sum of informatical data, these, are then collected by Edge nodes running in the Nodle SDK.
The nodes then transmit the data to a Nodle that is acting as an oracle, which exposes data, triggering financial transactions on the Nodle chain.