Ripple Is Building Oracle to Connect with Bank Ledgers

Crypto researcher SMQKE has drawn attention to a document indicating that Ripple is developing an oracle capable of querying data from existing bank ledgers. The claim highlights a significant move by Ripple into the oracle space, an area often associated with Chainlink, which has established itself as a leader in blockchain-based data feeds. According to the document, Ripple’s focus is on creating an oracle designed to pull data directly from banking systems rather than traditional blockchain or smart contract environments. The material referenced explains that oracles function as networks that query and record off-chain data for use in other blockchains. They are described as an essential component in bridging external data with blockchain environments. Ripple’s reported oracle project would specifically query existing bank ledgers, setting it apart from blockchain-native oracle solutions. RIPPLE IS CURRENTLY BUILDING AN ORACLE TO QUERY DATA FROM EXISTING BANK LEDGERS Chainlink isn’t the only one in the oracle game. Documented. pic.twitter.com/Xd6pgvedf3 — SMQKE (@SMQKEDQG) August 25, 2025 Community Reactions and Clarifications Following SMQKE’s post, responses from other users added context to the claims. An X user named James noted that Ripple has been engaged in similar developments for several years, stating that he had reviewed patents as far back as 2019 describing Ripple’s ability to integrate off-chain data into blockchain processes. This aligns with Ripple’s broader strategy of developing technologies that facilitate interoperability between traditional finance and digital asset ecosystems. Another X user, KING ZERP, further clarified the distinction between Ripple’s potential oracle and Chainlink’s existing services. He explained that Chainlink primarily provides oracle data feeds to blockchains with smart contracts through its Cross-Chain Interoperability Protocol (CCIP). By contrast, the document tied to Ripple describes an oracle intended to connect with non-blockchain systems, specifically traditional bank ledgers. This highlights a difference in scope and application, suggesting that Ripple’s oracle would serve a different segment of financial infrastructure. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications of the Oracle Development The reported work on an oracle indicates Ripple’s interest in advancing tools that directly integrate banking data with blockchain systems . If realized, such an oracle could facilitate greater connectivity between traditional financial institutions and decentralized systems. Unlike oracles designed primarily for blockchain-native applications, Ripple’s oracle could allow for the secure transfer and verification of data from existing bank systems, providing a bridge for financial institutions that do not currently operate on blockchain-based infrastructures. The distinction noted by users is significant, as it places Ripple’s development within a broader effort to integrate real-world financial operations into blockchain frameworks. While Chainlink continues to lead in providing blockchain-native oracle solutions, Ripple appears to be targeting the unique requirements of banks and other traditional financial entities. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Is Building Oracle to Connect with Bank Ledgers appeared first on Times Tabloid .