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Cardano partners with Chainlink

Wednesday 29 September 2021 12:32 CET | News

Switzerland-based blockchain and cryptocurrency organisation Cardano has announced a partnership with Chainlink, a provider of Oracle solutions. 

This news was announced at the Cardano Summit, an online blockchain event which, amongst other things, discussed the further development of the Cardano Ecosystem (ADA). Chainlink’s technology can be used to provide high quality data to support smart contracts.

This combines information from the off-chain world with the protocols of the on-chain area. The aim of the cooperation is to accelerate the development of Cardano's decentralised DeFi ecosystem. According to a Chainlink representative, the use of the Chainlink oracle will enable access to real-time data for a wide range of assets, and facilitate security and a long operating time.


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Keywords: partnership, blockchain, DeFi, digital assets
Categories: DeFi & Crypto & Web3
Companies:
Countries: Switzerland
This article is part of category

DeFi & Crypto & Web3






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