As Binance Smart Chain nears its mainnet launch, it has started collaborating with Chainlink, and this is good news for developers and the overall blockchain industry.
Specifically, Binance Smart Chain’s testnet blockchain has integrated Chainlink oracles, which will bring real-world data on events happening outside the Binance ecosystem into Binance Smart Chain in a secure manner. This empowers developers using Binance Smart Chain to build smart contract applications that connect to reliable real-world data feeds from Chainlink.
What happens after that? Developers can come up with new use cases in derivatives, crypto payments, automated asset management, and more.
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.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
