- Developers building on Tezos will now use Chainlink oracles to service their smart contracts, the blockchain platform announced today. ⠀ Chainlink, whose coin is one of the best performing cryptocurrencies in the last two years, helps connect blockchains to real-world data. It brings off-chain (not on a blockchain) data to smart contacts (which are on a blockchain) through a decentralized system of oracles. ⠀ Oracles allow developers to build smart contracts that incorporate off-chain data, access external API services, and trigger settlements, and the oracle provider has seen a slew of integrations throughout the past 18 months. It’s used in everything from pricing feeds for Decentralized Finance (DeFi) platforms to aviation insurance, sports memorabilia and now maybe even a stablecoin. ⠀ Tezos, a top-ten ranking cryptocurrency by market cap, will use Chainlink to access key off-chain resources to use in on-chain applications, according to a statement. Integrating the oracle provider will enhance its “advanced ecosystem for developing next generation decentralized applications,” it stated. ⠀ Please let me know what you think about this. ⠀ For the TOP Crypto News Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #intocryptonews #crypto #cryptocurrency #tezoscommunity #xtznews #tezosxtz #tezos #link #cryptocurrencynews #chainlink #cryptocurrencies #cryptolife #cryptonews #tezosfoundation #lovetezos #cryptotalk247 #xtz #tezosnews #tezosbaking #tezoscoin #tezosblockchain https://www.instagram.com/p/B_nO_0nAWFd/?igshid=uaa0z7dvsy8q
















