Meet Refractor Node Service
Last updated
Last updated
Refractor Node Service addresses the significant friction that face when attempting to integrate their existing legacy data systems with web3 blockchain data systems while preserving . This integration is essential for making OSE services accessible to dApps and users on the blockchain.
At its core, the challenge lies in the incompatibility between different data platforms, which can be viewed as an . Many OSEs lack the technical resources and expertise to implement an ETL scheme that effectively connects their existing data platform to web3 while ensuring security and privacy. Attempting to do so would require hiring a dedicated, long-term specialized tech team, which is both time-consuming and costly. Additionally, OSEs would need to manage and maintain the hosting of reverse oracle nodes themselves, adding further complexity and resource consumption.
Refractor Node Service offers a professional, turnkey serverless node hosting service that abstracts away these technical complexities and costs, enabling OSEs to host their own Refractor nodes easily and affordably. By leveraging Refractor Node Service, OSEs can join the Refract Network, onramp their business services onto the blockchain, and start earning with minimal effort.
To ensure the security and integrity of the OSE data being connected, Refractor Node Service employs and technology. This technology functions like a reverse black box, guaranteeing that the specific OSE data remains secure and tamper-proof.
Refractor Node Service provides dedicated ETL software that natively integrates with the specialized data platforms used by OSEs, such as Shopify, Square, and WordPress. The service manages the server hosting of Refractor nodes on behalf of the OSEs, streamlining the process and reducing the technical burden. OSEs simply need to sign up for an account with Refractor Node Service, and within just 5 minutes, they can start earning exchange fees by offering their services on the blockchain.
Getting started with Refractor Node Service is a straightforward process that can be completed in just four simple steps:
1. Create a Refractor Node Service account.
2. Select your data platform from the list of supported platforms. If your platform is not currently supported, you can submit a request, and the Refractor Node Service team will be getting in touch with you as soon as possible.
3. Choose the specific service you want to make available on the blockchain.
4. Specify the service price, number of supply, and other supply parameters. Refractor Node Service will automatically issue the corresponding service RFTs (Refract Framework Tokens) for you on the selected blockchain network.
Once these steps are completed, your service will be live on the blockchain available for purchase/distribution, and you will start earning transaction fee revenue. To access your earnings, simply connect your bank account to the Refractor Node Service platform and initiate a cashout.
By offering a user-friendly, secure, and efficient solution for integrating off-chain services with the Refract Network, Refractor Node Service empowers OSEs to tap into the growing web3 ecosystem and unlock new revenue streams, all while minimizing the technical complexities and resource requirements associated with hosting Refractor nodes.