POLKAFOUNDRY AND CHAINLINK COLLABORATION.
#Polkafoundry is pleased to announce the successful integration of the data oracles of Chainlink, a decentralized oracle network connecting smart contracts to real-world data, into the PolkaFoundry chain. Chainlink’s decentralized networks of oracles will provide dApps in the PolkaFoundry ecosystem with secure and reliable access to off-chain data. Chainlink, the most widely deployed data oracle solution and an essential data bridge for DeFi dApps, is currently deployed by over 200 DeFi applications. DApps running on PolkaFoundry will benefit from an oracle solution with proven integrations across hundreds of blockchain executions. Price feeds on Chainlink data oracles, designed to work with any blockchain, currently support DOT, KSM, ETH, and BTC.
Together, the Chainlink-PolkaFoundry integration provides robust data access and management solution for DeFi applications facing rapid growth in cross-chain data queries and transfers. Using PolkaFoundry tools, developers can seamlessly integrate UX, identity management, file storage, and other essential data management solutions. As cross-chain data becomes central to a dApp’s value proposition, an improved user experience and data handling solutions are becoming essential to their value.
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