Wavebridge Launches Chainlink Node

Published on: 06.02.2022

Wavebridge is pleased to announce that its Chainlink node is live and fully operational on mainnet. Wavebridge Chainlink node can now provide smart contract applications with access to digital asset market indices, including the CMX10 index, KIMP index, along with more indices in the future.

Developers can now call its Chainlink node to get daily and real-time, cryptographically-signed data around a variety of indices. Now developers can build dApps that take advantage of arbitrage opportunities and real-time on-chain algorithmic trading strategies. Along with that, developers can create new types of DeFi applications and digital asset products, such as crypto index based investment products and prediction markets that utilize our market indices as a base index.

“Setting up our Chainlink node was a relatively simple process. Since Chainlink is blockchain-agnostic, we now also have a future-proof bridge to connect our index data to any blockchain environment releasing now or in the future. We are pleased to support the maturing DeFi industry by bringing high-quality index data on-chain. We look forward to seeing how smart contract applications can use our data to provision fair, openly accessible, and deterministic financial products.” — Jong-Wook Oh, CEO of Wavebridge.

ABOUT Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

ABOUT Wavebridge
Wavebridge is a quantitative financial focus company, developing software that helps investors and traders focus on their investment strategies. They have developed a quant-based platform that digitally transforms all asset management and operational tasks. Wavebridge provides tools that help investors to do research, simulation, risk management, monitoring, execution, and reporting. Built on their cutting edge quant systems, Wavebridge index is providing cryptocurrency market indices to various parties as exchanges, terminal platforms and to the public.

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