CHAINLINK LABS JOINS HEDERA GOVERNING COUNCIL.
Chainlink Labs, the industry-leading oracle solution, has joined the Hedera Governing Council, which oversees distributed governance of the Hedera network. Chainlink and Hedera will implement a series of initiatives aimed at helping traditional, centralized financial services and other organizations harness the distributed computational trust, visibility, and control that decentralized applications offer. Chainlink, which serves as a secure blockchain middleware for powering a wide variety of enterprise users, will be the preferred oracle partner for the Hedera network and will collaborate to provide Chainlink integration with the Hedera Token Service (HTS).
About Hedera Hashgraph
Hedera is the most used enterprise-grade public network for the decentralized economy. The platform is governed by a council of the world’s leading organizations including Avery Dennison, Boeing, Chainlink, Dentons, Deutsche Telekom, DLA Piper, EDF, eftpos, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.
About Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
⬇️DETAILS:
https://hedera.com/blog/chainlink-labs-furthers-enterprise-focus-joins-hedera-governing-council
