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#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
Lex Fridman Podcast
The Limitation of Hybrid Smart Contracts
There is no data feed that tells us that your house was painted blue or that it was the right color of blue. So we're not going to be able to make a hybrid smart contract about whether somebody painted your house, the right color blue. And I think as smart contracts become more of a requested format or data driven contracts become moreof a format, there will be a growing demand about proving what happened through data. You already see insurance companies paying IoT companies to put data into their customers infrastructure at the cost of the insurance company and generate the data they use for policies.
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