Decentralized Cloud Storage, Filecoin Integrates Chainlink for Bidirectional Smart Contract Support

2021-3-26 21:12

Decentralized cloud storage solution, Filecoin, is integrating with Chainlink, a decentralized oracle network to enable dual-way smart contract functionalities between Filecoin and Ethereum or other smart contract-enabled blockchains.

The partnership with Chainlink aims to introduce “bidirectional smart contract capabilities” on Filecoin, allowing users to interact with any smart contract-enabled platform. By leveraging Chainlink’s widely-used decentralized oracles, users on other blockchains will be able to tap into Filecoin’s storage capabilities while bridging Filecoin data to external platforms to trigger their on-chain applications.

We are excited to announce that @chainlink is integrating with #Filecoin to enable a multitude of bidirectional #smartcontract capabilities that were previously impossible! Learn more. https://t.co/rcWJaDSZIy

— Filecoin (@Filecoin) March 24, 2021

Chainlink’s oracles allow blockchains to extract external data into blockchain dApps, enhancing the DeFi ecosystem, decentralized markets, and triggers settlements in DeFi dApps. Filecoin will integrate the Chainlink External Adapters to connect data on Filecoin with external blockchains. The statement reads,

“Chainlink opens up bi-directional communication capabilities for Filecoin, meaning it can receive external inputs that trigger Filecoin’s on-chain storage functions or fetch Filecoin’s storage state data to determine actions on other networks.”

The development team is currently testing multiple use cases using Chainlink, including Filecoin miner insurance, DataDAO, a DAO holding extensive data, automated file storage, and cheaper data storage on Filecoin.

Earlier in the month, Filecoin was part of five cryptos added to Grayscale’s investment trust.

The post Decentralized Cloud Storage, Filecoin Integrates Chainlink for Bidirectional Smart Contract Support first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Decentralized Machine Learning (DML) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0009581 (-100%)

decentralized filecoin smart cloud storage contract chainlink

decentralized filecoin → Результатов: 38


Фото:

Filecoin price analysis: FIL retraces after briefly passing $70

Filecoin had a great day as its FIL token gained over 25% on the day. What is the reason for this price spike, and should you consider buying some FIL now? Fundamental analysis: a series of fundamental factors bring positive sentiment to Filecoin Filecoin is a decentralized storage platform that aims to store information that […] The post Filecoin price analysis: FIL retraces after briefly passing $70 appeared first on Invezz.

2021-3-17 11:47


Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem

China-based blockchain investment firm Fenbushi Capital, today announced it has launched the Fenbushi Ecosystem Fund, a new investment fund designed to drive the continued growth of applications under development on the world’s largest decentralized storage network, Filecoin, and its underlying protocol, a peer-to-peer (p2p) file-sharing system, IPFS.

2021-1-11 19:31


Filecoin (FIL) Gains Listing On 3 Major Crypto Exchanges; 542 Blocks Until Mainnet Launch

Filecoin (FIL), a decentralized file sharing platform, will launch its mainnet today amidst positive sentiments from the crypto community. In preparation for FIL's launch, two major crypto exchanges – Kraken and Winklevoss-backed Gemini – have announced the launch of deposits and withdrawals features for the token, a new trend in the crypto space.

2020-10-15 16:30


Фото:

Decentralized Data Storage Network Filecoin Gears for September Launch

Peer-to-peer (P2P) data storage blockchain network Filecoin is poised for September launch to compete with the existing data storage heavyweights, Bloomberg reports, August 3, 2020. Filecoin Looks to Decentralize Data Storage Space The centralization of data storage on the Internet in the hands of the few tech juggernauts such as Amazon and Google has beenRead MoreRead More.

2020-8-5 21:00