0CHAIN TO INTEGRATE CHAINLINK, CONNECTING ETHEREUM DAPPS TO DECENTRALIZED DATA STORAGE.
Chainlink is excited to announce that 0Chain, a high-performance decentralized storage network, will integrate Chainlink, the industry-leading decentralized oracle network, as core infrastructure for connecting 0Chain to Ethereum and various other blockchains and external systems. The integration will involve multiple use cases, such as leveraging Chainlink Price Feeds, Metadata Mapping, Cloud Data Feeds, and Cross-Chain Verifications.
In order for decentralized applications (dApps) to offer users meaningful services, a smart contract must be able to access accurate and reliable data in a secure manner. Look no further than DeFi and NFT dApps, which use price feeds, randomness, and numerous other verifiable datasets to trigger their on-chain logic. Since blockchains only provide information about internal state, oracle networks like Chainlink are critical for enabling dApps to fetch external data from other blockchains or traditional APIs so it can be used natively on their underlying blockchain
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 0Chain
0Chain is a high-performance decentralized storage network designed to eliminate business threats such as censorship, privacy liability and data breach. 0Chain helps entities achieve GDPR compliance, localization, tokenization and monetizes private data sharing.
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