Kylin Network and MILC Platform Strategic Partnership

Published on: 27.04.2021

Media Industry Licensing Content has formed a strategic partnership with Kylin Network a data infrastructure provider for DeFi and web 3.0

As a Data Oracle provider, Kylin has advanced decentralized data feeding protocol powered by Polkadot Substrate offering multiple, real-time data sources with complementarityand synergy with off-chain workers.

MILC partners with Kylin Network to access oracle services and integrate price data feeds through Kylin’s Oracle Network. The Kylin Data Oracle will provide instant and reliable on and off chain market data and price feeds in a decentralized and secure manner.Kylin will support MILC platform with back-end settlement for price feeding oracle functions, and provide their insights on potential validating measures which can be implemented on the MILC platform.

“I’m really looking forward working with Dylan and Kylin Network. The features we are accessing are just the beginning of many strategic approaches we have identified together. We are confident that other customers will recognize the great industrial value in the development that Kylin Network offers.”~Hendrik Hey, CEO of MILC 

“ Our partnership with MILC provides a further context for co-innovating on DeData use case oracle scripting parameters while utilizing our high-throughput, low-cost price-feeding oracle functionality. MILC has the potential to revolutionize what was previously a centralized and opaque value transfer layer within content creation and consumption toward a decentralized and transparent value transfer layer powered by blockchain tech and operating more directly and efficiently between consumers and producers. ”~Dylan Dewdney, CEO of Kylin Network

ABOUT MILC

MILC Platform aims to provide the industry with an open new marketplace for every professional and non-professional content provider and buyer that incorporates cutting-edge broadcast, blockchain and AI technology, which can become a game changer for the entire media content industry.

ABOUT KYLIN NETWORK

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and web 3.0 powered by Polkadot

 

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