AAptitude Integrates Chainlink Price Feeds
AAptitude Integrates Chainlink Price Feeds. Aaptitude integrated Chainlink Price Feeds and Chainlink Verifiable Random Function (VRF) into AAptitude’s escrow marketplace to help facilitate secure purchases of goods and services using cryptocurrency. By integrating price feeds from the industry-leading decentralized oracle network, Chainlink removed the lag embedded within AAptitude previous price solution and further increased the security of their protocol. Therefore, they are able to provide users with more accurate prices when they make a purchase or sale and they also reduced the likelihood of arbitration tampering within their escrow transactions. Announcing AAptitude Integrates Chainlink Price Feeds.
The Continued Growth of AAptitude
AAptitude’s escrow marketplace works by placing money in the control of an independent and trusted third party via verified smart contracts to protect both the buyer and seller in a transaction. When both parties verify the transaction has been completed per the set terms, the money is then released.
Securing Price Reliability With Chainlink Price Feeds
Transactions on the escrow marketplace can be carried out with a multitude of currencies, from crypto to fiat. As such, goods and services prices must be accurately displayed to provide reliable information to users.
- High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes.
- Secure Node Operators — Chainlink Price Feeds are secured by independent, Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.
- Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by the data provider or the oracle network.
- Transparency — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.
Expanding AAptitude’s Functionality With Chainlink VRF
The escrow marketplace primarily supports digital asset transactions of defined goods and services. Increasingly, users can also participate in airdrops and prizes on their platform. Chainlink VRF provides a tamper-proof and auditable source of randomness to help select winners in a provably fair manner.
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.
AAptitude
AAptitude’s protocol is built on the Binance Smart Chain network and is on a mission to increase the safety and security within the cryptocurrency space. However, project longevity is also reliant on community excitement and engagement. Therefore, AAptitude will initially be progressing down two separate pathways, implementing a near completed (final stages of beta testing) videogame into the AAptitude ecosystem and deploying an escrow marketplace to facilitate secure purchases of goods and services using cryptocurrency.
