Incognito is a revolutionary solution to the privacy issue faced by most cryptocurrencies, making such as privacy ubiquitous, inclusive, and accessible for businesses and everyday users. At Incognito, in fact they believe very few people would willingly disclose their crypto financials to the entire world. And now the USDB partnership with Incognito will make sure that USDB can cater to the more privacy-minded.

The new financial world

Cryptocurrency has ushered in a new era of finance. For the first time in human history, you can send, receive and store digital currency securely, without going through a financial institution. This is financial independence and freedom, for those who value privacy, cryptocurrencies come with a big tradeoff.

Through the use of blockchain technology, crypto transactions are all recorded on public ledgers, additionally displaying amounts involved and inscribing virtual identities of their senders and receivers. Although your identity may just be a wallet address, this ledger of transactions is public, which means a real lack of privacy.

Reasons why your transactions not to be public

• Danger from criminals — the blockchain is public and transparent, furthermore every transaction that has been made can be easily viewed.
• General privacy and censorship — part of the appeal of cryptocurrencies is greater independence and autonomy from governments and banks.
• Better negotiations — if you are in a negotiation with a company or client, you don’t necessarily want them (or your competitors) to know exactly how much money you have.

How does it work?

In conclusion, Incognito’s Privacy Coins (pCoins) are 1:1 privacy-protecting equivalents of cryptocurrencies like BTC (pBTC), ETH (pETH), BNB (pBNB), and now USDB (pUSDB). They do not appear on public block explorers and are completely confidential.

Help add liquidity to Incognito

First you will have to shield your USDB, which you can learn how to do here.

Secondly, learn how to add liquidity to an Incognito pool here.

About Incognito

Incognito is designed where you can have favorite cryptocurrencies and privacy coins. Moreover, users can hold any cryptocurrency. In addition, users can still be able to use it confidentially whenever they want.

Website | Twitter

About USDB

USDB is a decentralised stablecoin backed by FHM. To sum up, it uses a method known as proof of burn to cement its value at $1. At a specific point in time and value. In conclusion, a decentralised reserve asset and an arbitrage mechanism that anyone can participate in.

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SOURCE

https://medium.com/fantohm/usdb-gets-a-privacy-upgrade-incognito-partnership-b2ee09e1f4b0

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Scorefam is creating a new and exciting wat for sports lovers to earn. In other words, they engaging on their favorite sporting and gaming events on a decentralized platform. Therefore announcing the ScoreFam Integrates Chainlink DataFeeds.

By integrating the industry-leading decentralized oracle network, Scorefam now has seamless access to real-time football data needed to power their prediction markets.  Having accurate details of football matches such as match outcomes, current and upcoming fixtures, and player statistics.

Choosing Chainlink

Chainlink as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Already helping secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value. Chainlink has a proven history of reliably delivering data of all types to blockchains. It is widely used by applications that require off-chain data or computation services.

Scorefam is on a mission to bridge the gap between the blockchain sphere and the football world. In order to achieve this goal, Chainlink is using blockchain technology to power a gaming platform. Giving their users a degree of anonymity and total ownership over their assets. Accessing data from Enetpulse through the Chainlink Network allows them to update their platform with the latest football results. Of course in a highly secure and timely manner

Providing users using Chainlink

To help provide their platform with football results and fixture information, they needed seamless access to off-chain data feeds that are supplied directly on-chain in a highly reliable manner. Because blockchains are natively incapable of accessing off-chain data, they needed a flexible oracle network that could reliably and flexibly deliver high-quality data on-chain to be consumed by our application. In conclusion, they chose to integrate Chainlink to get access to high-quality, real-world sports data.

“The Enetpulse sports data that we access through Chainlink is an essential part of our platform and helps power the mechanics of our game in a highly secure and reliable manner.” — Simisoluwa Adeyemo, Co-Founder and CEO of Scorefam

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. In addition,  Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations in which for enabling feature-rich applications.

Website | Twitter

About Scorefam

Scorefam is the space for crypto and sports lovers. Moreover, the platform that connects sports lovers to the plethora of benefits that blockchains provide such as full ownership of assets, anonymity, transaction speed and so much more.

Website | Twitter

SOURCE

https://blog.scorefam.org/scorefam-integrates-chainlink-data-feeds-to-help-secure-its-soccer-prediction-markets/

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