Phoenix.Global. Discover decentralized oracles and how they can fetch external data on coin prices and other essential metrics to use in conjunction with their respective smart contracts. Blockchain Powering the Next Generation of Consumer Applications. More Private. More Interactive. More Connected. Join Phoenix.Global.

1. Potential Alternative Asset
Classes in a Decentralized
Environment (Phoenix
Oracle Use Cases for Defi)
phoenix.global

2. phoenix.global
One primary component of Phoenix Global is the
Phoenix Oracle, which integrates real-world asset
prices into the blockchain. It is geared for the
enterprise while keeping the consumer in mind.
Oracles are a vital part of the Phoenix Global
Node Ecosystem as they allow external data from
other ecosystems to be fed to internal enterprise
applications and decentralized finance (DeFi)
platforms.
https://phoenix.global
https://phoenixglobal.medium.com/announcing-the-new-phoenix-global-node-ecosystem-49d310182650
https://phoenixglobal.medium.com/announcing-the-new-phoenix-global-node-ecosystem-49d310182650
A DeFi platform such as Horizon Protocol uses
the Phoenix Oracle in much the same way that
Aave or Compound connect to decentralized
oracles to fetch external data on coin prices and
other essential metrics to use in conjunction with
their respective smart contracts.
https://horizonprotocol.com/

3. phoenix.global
Phoenix Global node operators form a network to
provide data for decentralized oracles. These node
operators are essentially the top stakers in the
system and must stake a minimum of 1 million PBH
(Platinum tier) to qualify.
Higher staking rewards are offered in Zirconium
(5m) and Diamond (10m) tiers, at around 31% and
35% respectively. These large nodes or stakers
provide the large amount of PHB tokens needed as
collateral for the Phoenix Defi Oracle to provide
correct data and maintain uptime.
Higher staking rewards are offered in Zirconium
(5m) and Diamond (10m) tiers, at around 31% and
35% respectively. These large nodes or stakers
provide the large amount of PHB tokens needed as
collateral for the Phoenix Defi Oracle to provide
correct data and maintain uptime.
How does Phoenix Global
expand mainstream DeFi?

4. phoenix.global
An example is Horizon Protocol, which facilitates
on-chain trading of synthetic assets that are
represented in the real world economy. Horizon
Protocol benefits from having data feeds from
established oracles Chainlink and Band Protocol, as
well as proprietary data feeds from the Phoenix
Oracle.
https://horizonprotocol.com/
The Phoenix Oracle utilizes the Phoenix Chain to
focus strictly on traditional real-world assets,
informing the Horizon Protocol platform with price
feeds for stocks, market indices, real estate (REITS)
and art. The PHB token reinforces nodes and
validates price feeds for the Phoenix Oracle and
synthetic assets.

5. phoenix.global
How does Phoenix Global
improve scalability with
multi-layered smart contracts?
Phoenix Global’s multi-layered smart contracts
helps to increase scalability and flexibility
when it comes to dApps and smart contract
deployment. Phoenix Global aims to optimize
scalability by separating enterprise-level
workstreams from the main network. A user
can scale their app’s ecosystems in multiple
sidechains.
PHB also employs sidechains, an exciting
innovation to overpower the shortcomings of
blockchain (namely scalability and flexibility).
Sidechains permit interactions between other
digital currencies, tokens and resources to be
used in conjunction with other blockchains,
where they can be relayed back and forth if
needed.

6. phoenix.global
Phoenix Global focuses on expandable data privacy,
allowing organizations to create customized public
or private blockchains. Innovating with the
consumer in mind, their full stack of decentralized
services are efficient for their customers and help
to solve some of the issue’s of blockchain
scalability.

7. Efficacy and Merits of
Phoenix Global
Flexibility of scale Privacy and Personalised
Customisation
Utility above
appearance is
prioritized. This design
allows any rule system
to be implemented as a
sidechain, whether for a
blockchain or other
computer systems.
The platform has
tremendous scalability,
application design
freedom, and
customization. Any
component can be
modified over time, but
only if the interfaces are
compliant with industry
standards.
Phoenix Global allows
the mainchain to
authenticate sidechains
without knowing the
sidechain's entire
premise.
It presents a set of
tools to construct
auditable and secure
blockchain applications,
which is a precondition
for many real-world
applications.
Phoenix Global's
sidechain design is
decentralized in all its
aspects, which offers
network resilience and
reliability.
It is backed by PHB and
is guaranteed by the
industry's largest node
network.
phoenix.global
Decentralization

8. phoenix.global
About Phoenix Global
Phoenix Global is an enterprise blockchain built to
enable scalable consumer apps. Enterprises can
rapidly develop and scale consumer dApps to fit in
with their existing customer experience. The
company is a merger of two existing, established
companies- Red Pulse, a leader in financial data
services and Apex Network, a leader in big data and
intelligence.
Phoenix Global’s partners include Binance, Neo,
Tencent Cloud and Genesis, among others. Its pilot
program debuted with large corporations including
Spring Airlines, and the Shanghai Big Data
Exchange.

9. phoenix.global
Conclusion
Phoenix Global has extended its network from
cryptocurrency to a privacy-preserving ecosystem
that scales for commercial applications. The system
is entirely decentralized, so it does not rely on
ubiquitously trusted parties.
In conclusion, it eliminates the significant issues in
deploying blockchain technology to real-world use
cases.
https://phoenix.global/

10. twitter.com/Phoenix_Chain
t.me/APEXcommunity
github.com/phoenixglobal
phoenixglobal .medium.com
www.reddit.com/r/PhoenixGlobal
phoenix.global
BLOCKCHAIN POWERING THE
NEXT GENERATION OF
CONSUMER APPLICATIONS
More Private.More Interactive.More Connected.