Can Katala (KALA) make money? — Market Mad House

Daniel G. Jennings
Geek Culture
Published in
4 min readSep 15, 2021

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The developers of Katala (KALA) bet a blockchain can make money by locking in collateral.

The Kalata platform uses a decentralized price oracle to read prices into the blockchain. An oracle is a third-party service that allows smart contracts to receive price data from outside systems.

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Daniel G. Jennings
Geek Culture

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.