Blockchain Oracles: A Bridge Between Worlds - Chainlink, Goracle and Beyond

Blockchain Oracles are the essential link that allows decentralized applications and smart contracts to interact with real-world data in a trustless way. This article looks at the increasingly important role that Oracles have to play in the global blockchain ecosystem.

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Why do we need blockchain oracles?

Many blockchain applications require interactions with external data, both real-world and off-chain. This is   The post Why do we need blockchain oracles? appeared first on NFT News Today.

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Demystifying blockchain oracles: Part 2

DeFi and decentralized applications wouldn’t be possible without blockchain oracles–key components of blockchain infrastructure that enable accessing, processing, and transmitting information between the outside world of off-chain data and smart contracts.

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Chainlink Acquires Cornell University’s DECO Project, to Enhance the Privacy of Data on Oracles

Chainlink, the decentralized oracle provider, has acquired Cornell University-based project DECO meant to enhance the privacy of oracles used on blockchain networks. Oracle-based data plays a critical role in maintaining the blockchain network, and with growing cases of hacks and ransomware, strengthening the accuracy, security, and privacy of the Oracle systems would eventually enhance the […] The post Chainlink Acquires Cornell University's DECO Project, to Enhance the Privacy of Data on Oracles first appeared on BitcoinExchangeGuide.

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Chainlink oracles to be deployed on privacy-centric DeFi app

The Oasis Foundation, an organization supporting the development of the Oasis Network and its ecosystem, will integrate Chainlink’s market-leading decentralized oracles to enable support for Decentralized Finance (DeFi), and various other privacy-focused blockchain dApps built on the Oasis Network, it said in a release shared with CryptoSlate.

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Elrond (ERD) to Integrate DIA Oracles to Access Secure Off-Chain and Cross-Chain Data

Sharded smart contracts execution platform Elrond (ERD) to integrate DIA oracles to access off-chain and cross-chain data. Elrond Taps DIA for Oracle Needs In an announcement made today, Elrond CEO, Beniamin Mincu stated that the scalable blockchain protocol’s DeFi products and smart contracts will use DIA oracles to fetch off-chain and cross-chain data.

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Nervos Network integrates Chainlink oracles for off-chain connectivity

Nervos Network, the open-source public blockchain ecosystem and collection of protocols, announced its integration with decentralized oracle provider Chainlink earlier today. The post Nervos Network integrates Chainlink oracles for off-chain connectivity appeared first on CryptoSlate.

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Chainlink (LINK) Trading Volume on Coinbase Surpasses That of Bitcoin

Blockchain agnostic platform Chainlink saw record volumes on Coinbase yesterday, surpassing even those of Bitcoin, reported Coindesk over the weekend. Trade Volumes Cross Coinbase On the back of the booming DeFi market and demand for decentralized oracles, Chainlink’s LINK tokens are seeing a huge frenzy.

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Harmony (ONE) Grant to Bootstrap Growth of Chainlink-Based DeFi Applications

Harmony—a fast, sharded, and scalable blockchain network for decentralized applications (dApps), is integrating Chainlink—an interoperable network of secure and tamper-proof oracles. Accompanying the incorporation is a dedication of part of the $7 million grant to bootstrap the growth of Chainlink-based DeFi and cross-border finance dApps built on Harmony as per an August 5 update.

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Chainlink (LINK) oracles are now powering dApps on NEAR Protocol

Chainlink’s decentralized oracles have launched on NEAR Protocol, a sharded, developer-friendly, proof-of-stake public blockchain that’s going head to head with Ethereum. The post Chainlink (LINK) oracles are now powering dApps on NEAR Protocol appeared first on CryptoSlate.

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NEAR Integrates Chainlink Data Oracles

NEAR blockchain protocol integrates Chainlink’s data oracles and considers using its verifiable randomness function for better gaming and DeFi applications.

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Binance Smart Chain Testnet Adds Real-World Data With Chainlink’s Oracle Network Integration

Binance Smart Chain (BSC) announced the successful completion of the integration of Chainlink’s decentralized oracle on Twitter this Tuesday. The combination of Chainlink brings about ease in the development of decentralized applications on the blockchain by providing a direct link to external data sources, which saves developers time in creating their oracles. BSC, who launched […]

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Binance Smart Chain Adds Chainlink Oracles for Better DeFi

Binance Smart Chain will integrate Chainlink data oracles to add usability to its blockchain, in particular, in the burgeoning DeFi space.

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Korea’s Largest Blockchain Project ICON to Integrate Band Protocol Oracles

The BAND price is surging as the oracle provider partners with South Korea’s premier blockchain network, ICON.

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ICON blockchain network integrates Band Protocol’s oracles

Sequoia-backed, cross-chain data oracle platform, Band Protocol, today announced it has integrated with South Korea’s largest blockchain network, ICON, highlighting the expansion of real-world applications for secure and scalable data oracles.

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South Korea’s Largest Blockchain Network, ICON, Integrates Band Protocol’s Cross Chain Oracles to Connect Real-World Data across Asia Pacific

BANGKOK – 22 July 2020 – Sequoia-backed, cross chain data oracle platform, Band Protocol, integrates with South Korea’s largest blockchain network, ICON, highlighting the expansion of real-world applications for secure and scalable data oracles.

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Chainlink (LINK) Eyes Lucrative Vietnamese eSports Industry With KardiaChain Partnership

With a special goal of promoting blockchain interoperability and true utility, KardiaChain has announced its integration of Chainlink decentralized oracles as per a blog post on July 16, 2020. Oracles enable smart contracts to obtain external triggers.

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Chainlink (LINK) oracles will now power eSports provider KardiaChain

Blockchain agnostic platform Chainlink is on a roll.

The post Chainlink (LINK) oracles will now power eSports provider KardiaChain appeared first on CryptoSlate.

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Waves integrates Band Protocol’s oracles to enable cross-chain use for Neutrino stablecoin

Sequoia Capital-backed, cross-chain data oracle, Band Protocol is enabling open-source blockchain platform Waves to jump into the $2B decentralized finance (DeFi) industry; by bringing true cross-chain integration of its data oracles to the Waves’ ecosystem, including usage for their recently launched algorithmic stablecoin Neutrino, which lately reached $15 million market cap.

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Chainlink Rises 15% Amid China’s Blockchain Network Launch

LINK token experienced a massive price surge as China’s national blockchain network activated 135 nodes with integrated Chainlink price oracles.

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Chainlink (LINK) oracles to power NFT-based blockchain games on Polyient

Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features.

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China’s Blockchain Service Network Reportedly Integrating Ethereum

China’s state-sponsored Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network. News of these potential integrations come just a week after news broke about the BSN utilizing Chainlink Oracles to increase the speed and security of transactions taking place on-chain. This news seems to bode well […]

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China’s Blockchain Service Network Integrates Chainlink’s (LINK) Data Oracles

According to a press release issued on June 23, 2020, China’s Blockchain Service Network (BSN) has joined forces with Chainlink (LINK) to tap the latter’s oracle service into its ecosystem. China’s BSN Embraces Chainlink China’s newly launched distributed ledger technology (DLT) initiative dubbed BSN has integrated Chainlink’s oracle functionality to its network.

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Chainlink to Work With China’s National Blockchain Services Network

China’s Blockchain Service Network (BSN) has announced the use of Chainlink oracles. With this, the BSN is allowing enable government and enterprise data to flow across its IRITA interchain service hub.

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China's Blockchain Service Network Integrates Chainlink Oracles

China’s Blockchain Service Network, made up of some of the leading technology companies, is integrating Chainlink’s data oracles.

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How Chainlink and Cosmos Fit Into China’s Grand Blockchain Initiative

Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

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Ontology Integrates Chainlink’s Decentralized Oracles To Boost DApp Development

Ontology blockchain is the latest project to integrate Chainlink’s decentralized oracles to create a credible data management system. According to a release post on Medium Ontology blockchain, which allows cross-chain transactions, launched its integration with Chainlink.

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AVA Labs Integrates Chainlink’s Decentralized Oracles to Improve DeFi Dapps Development

AVA blockchain, becomes the latest platform to add Chainlink, a decentralized oracle system to its platform. The integration of Chainlink to the Dapp blockchain platform will reduce the development time and allow the creation of new products on the platform such as crypto derivatives, calculation of strike prices and triggering liquidations. In an official report […]

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Crypto Price Oracles Are About to Become “Unstoppable”

A Chainlink node operator has moved its data to a new "unstoppable" domain on the Ethereum blockchain.

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New Collaboration Brings Chainlink (LINK) Oracles to Tezos (XTZ) Ecosystem

According to a press release issued on April 30, 2020, decentralized, public proof-of-stake (PoS) blockchain project Tezos (XTZ) has inked a deal with Chainlink (LINK) to let two of its leading teams, SmartPy and Cryptonomic, gain ready access to the decentralized oracle network.

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SmartPy, Cryptonomic Devs Bring Chainlink Pricing Oracles to Tezos Blockchain

Blockchain based oracle, Chainlink partners with independent Tezos developers to bring decentralized data solutions to the decentralized staking platform. In an official announcement, a pair of Tezos developers will be working with Chainlink to bring decentralized oracle solutions to the staking platform.

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Decentralized insurance protocol Nexus Mutual integrates Chainlink oracles

Nexus Mutual, a peer-to-peer risk sharing mutual built using smart contracts and blockchain technology, announced today it is now using Chainlink’s price reference data contracts for decentralized valuations of its multi-currency capital pool Chainlink’s decentralized oracle network will bring transparent and accurate on-chain valuations to Nexus Mutual’s multi-currency capital pool.

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ETC Labs Partners With Chainlink To Integrate Decentralized Oracles On Ethereum Classic

Ethereum Classic top developer, ETC Labs, partners with Chainlink to integrate decentralized data oracles on the ETC blockchain. The official announcement reads, “Ethereum Classic Labs is excited to announce our collaboration with Chainlink to bring decentralized oracles to Ethereum Classic.

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Ethereum Classic Collaborating With Chainlink on Oracles

Ethereum Classic Labs has announced that it is collaborating with Chainlink in order to bring decentralized oracles and external data to the Ethereum Classic blockchain. As ETC Labs notes, Ethereum...The post Ethereum Classic Collaborating With Chainlink on Oracles appeared first on Crypto Briefing.

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Chainlink To Launch Its First Oracles Outside Ethereum on Polkadot Blockchain

Chainlink’s oracles have become a popular solution for Ethereum based DeFi’s as blockchain innovators seek to integrate their smart contracts with external data for more information. Polkadot, another blockchain built ecosystem, announced on Feb 25th through their blog post that they will also be leveraging the Chainlink tech.

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Polkadot to Use Chainlink Oracles for Interoperability Network

Polkadot will be the first non-ethereum blockchain to integrate Chainlink.

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SERO improves DApp privacy and performance through DOS Network oracles

SERO (Super Zero Protocol), a DApp privacy protection platform, announced it will integrate the decentralized oracle network service of the DOS Network, which aims to jointly expand and promote the privacy protection and DAap ecosystem of the blockchain industry.

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WATCH: How Blockchain Oracles Could Take Chainlink to New Highs

Chainlink CEO Sergey Nazarov says there's one big thing holding back corporate adoption of blockchain technology.

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How This Dualchain Network Architecture Is Solving The Blockchain Trilemma

The Blockchain Trilemma, also commonly known as the Scalability Trilemma, has been one of the greatest hurdles for cryptocurrencies – that is, until recently.   Metaverse Foundation, a company that vows to keep its leading status in blockchain technology, has figured out a way to tackle this (in)famous trilemma.

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Oracles Are The Missing Link For Business Adoption, Says Chainlink CEO

Secure oracle mechanisms are the only way to bring established companies onto the blockchain, according to the founder of Chainlink (LINK). In an interview with Crypto Briefing, Sergey Nazarov explained that many companies are interested in using the technology, but are nervous about adapting to new infrastructure.

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Oracles Are The Missing Link For Business Adoption, Says ChainLink CEO

Secure oracle mechanisms are the only way to bring established companies onto the blockchain, according to the founder of ChainLink (LINK). In an interview with Crypto Briefing, Sergey Nazarov explained that many companies are interested in using the technology, but are nervous about adapting to new infrastructure.

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How This Dualchain Network Architecture Is Solving The Blockchain Trilemma

The Blockchain Trilemma, also commonly known as the Scalability Trilemma, has been one of the greatest hurdles for cryptocurrencies – that is, until recently.   Metaverse Foundation, a company that vows to keep its leading status in blockchain technology, has figured out a way to tackle this (in)famous trilemma.

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Improving Ethereum’s DeFi Stack With Decentralized Mixers

For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed.

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Chainlink releases privacy-focused white paper for DeFi smart contracts

Chainlink, a service that provides tamper-proof I/O for smart contracts, recently published its ‘Mixicles’ white paper. According to Chainlink, Mixicles are DeFi instruments embedded with oracles, which mediate between data both on and off the blockchain, and include mixers for the promotion of financial instruments’ privacy.

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Zilliqa Integrates Chainlink Oracles For Real-World Data

Zilliqa (ZIL), a high-throughput sharding-based blockchain platform project, has announced the integration of decentralized oracles powered by Chainlink (LINK). Oracles allow smart contracts to important data from outside the blockchain environment, such as other blockchains or the real world.

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Kaiko now official node operator and crypto data provider for Chainlink

Kaiko now official node operator and crypto data provider for Chainlink - CryptoNinjas Kaiko, a cryptocurrency data provider, announced a few months back a partnership with Chainlink, outlining plans to integrate Kaiko’s cryptocurrency market data with Chainlink’s decentralized network of blockchain oracles.

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Neutro ICO

The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles. Neutro users can create a decentralized version of almost any real-world market that exists now only in a centralized system that we all use currently.

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Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market

Hodl Hodl, a peer-to-peer cryptocurrency exchange, has announced that it is launching a prediction market on Bitcoin. Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet.

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Bitcoin.com’s Oracle Aims to Bolster BCH-Powered Smart Contracts

Bitcoin. com is pleased to unveil plans to offer one of the world’s first oracles for smart contracts on the Bitcoin Cash (BCH) blockchain. The autonomous feature will allow specialized prediction markets and decision-based transactions for sports scores, political results, and market exchange rates.

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