EthSign Integrates With Chainlink Oracle Network
A decentralized, versioned electronic agreement signing dApp built with Web3 technologies, EthSign announced integration with Chainlink, a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies.
Users can define on-chain or even off-chain data sources thanks to Chainlink Oracles as well as their respective trigger conditions. With Chainlink Keepers, data is periodically fetched and checked against the trigger conditions. When the conditions are satisfied, execution is automatically carried out by Keepers. It works hand in hand with contracts signed with EthSign, and every aspect of the framework is entirely customizable.
“We’re excited to begin integrating Chainlink into EthSign Smart Agreements, extending our growing digital agreement platform to support smart contracts that auto-execute when terms are confirmed to occur. “Chainlink offers highly generalized and proven solutions for verifying a wide range of external events through both premium data and advanced off-chain computations, as well as an existing decentralized network of highly reliable node operators to bootstrap new services for users building smart agreements on EthSign Smart Agreements.”— Xin Yan, Co-Founder of EthSign
EthSign integrate Chainlink as a full spectrum off-chain solution for both oracles and keepers because it’s the most time-tested and fully functional platform in the smart contract economy. Chainlink already secures tens of billions of dollars for leading smart contract applications, while also offering a flexible framework that enables a wide range of off-chain computations to be performed by keepers and virtually any off-chain data feed to be brought on-chain by its oracles. Additionally, Chainlink is blockchain-agnostic, empowering our multi-chain platform to scale alongside it into the future.
ABOUT EthSign
EthSign is a decentralized, electronic signing application built on Ethereum that allows users to upload, sign, and verify digital agreements. EthSign brings several advantages to users including decentralized and immutable storage of encrypted files, ease of integration with other protocols and dApps, and transparency in how data is managed that’s entirely subject to users’ consent.
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.
