There is no transparency and traceability of data provenance. Users cannot choose the provenance of their data and how it is treated. There is no democratization of the data management process, and conflict resolution is tainted with poor voting technology. Incentives are not convincing people to participate.An oracle system cannot function without a strong DAO and conflict resolution mechanism.
This is why Cyptobit is pushing toward the democratization of the data management process with robust dispute resolution mechanisms and a voting system, which allows for assessing and strengthening the validity of a vote.
