TraderMade Partners With Chainlink And Launch Its Own Chainlink Node
TraderMade thrilled to announced the it has launched its own Chainlink node live on mainnet, giving smart contract applications on-chain access to their premium financial market data, starting with real-time prices for CFDs that track financial indexes and CFDs that track commodities futures. Developers and dApps can now call the TraderMade Chainlink node to obtain these data feeds and use them within various data-driven Decentralized Finance (DeFi) products such as to settle futures markets, price asset swaps, or determine the outcome of prediction markets.
“We’re thrilled to launch a live node on the growing Chainlink Network and give smart contract developers the ability to obtain premium financial data from the TraderMade APIs. Now we can directly integrate with DeFi projects and support new decentralized financial markets by provisioning the high-quality data they need to price and settle contracts. The Chainlink node not only accelerated our timeline for supporting blockchain-based markets, but future-proofs us as a data provider to changes that may occur in the industry.”—Chris Randall, CEO & CTO of TraderMade.
Chainlink provides a secure and fully functional middleware that gets their existing APIs compatible with the leading blockchain networks. By operating a Chainlink node, they now have a single gateway to supply data to any current or future blockchain, as well as cryptographically sign its data on-chain to prove that it originated from TraderMade. The setup process was quick and seamless, ultimately exposing theirdata to an expansive emerging market in DeFi with very little integration work on their end.
ABOUT Tradermade
Tradermade Systems Ltd. provides real-time market data and proprietary analytics software to some of the world’s central banks, leading corporations, financial institutions and individual traders. Founded in 1984, TraderMade has a track record of more than 30 years of developing and supporting technical analysis solutions for the foreign exchange industry.
ABOUT Chainlink
Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.
RESOURCES
tradermade.com/blog
