What Is “Data Integrity” in the Context of Financial Oracles?
Data integrity refers to the accuracy, completeness, and consistency of financial data delivered by an oracle. For financial derivatives, this means the price feed must accurately reflect the real-world market value at the time of execution.
Compromised integrity, such as stale or manipulated prices, can lead to incorrect settlement, causing significant financial losses. Oracles use multiple sources and validation mechanisms to maintain high integrity.