SMARTZIP LAUNCHES A CHAINLINK NODE.

Published on: 22.05.2021

SmartZip has launched its own Chainlink node live in production. The SmartZip Chainlink node gives smart contract applications on-chain access to real estate automated valuation model (AVM)—an estimated market value for a house generated by a machine learning model. AVM produces an estimated value using mathematical modeling based on nearby transactions, surrounding location data, and historical property prices. It’s used by property owners and real estate agents to compare similar properties at a given time, leading to more accurate valuations

 

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.

 

About SmartZip

Smartzip is the leader of predictive analytics in real estate. With Smartzip, developers can easily integrate the most comprehensive real estate database into their applications including property values, rental rates, likelihood of selling and much more.

⬇️DETAILS:

https://smartzip.com/blog_view.cfm?BlogID=494

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