Umbrella Network | 1,268 followers on LinkedIn. A Decentralized, Community Owned Oracle for DeFi and Blockchain Applications | Umbrella Network is a community owned, scalable and customizable oracle for the DeFi and blockchain community. Umbrella believes a community owned Oracle is not only possible, but essential to creating a truly decentralized financial system. In addition, Umbrella’s Layer 2 technology utilizes the latest advances in Merkle Tree technology to write multiple data points on a single on chain transaction.