Neblio and Chainlink to Bring Decentralized Oracles to the Neblio Blockchain!
Chainlink’s Oracles will serve real-world data to the Neblio Blockchain
We are happy to announce that Neblio will work with Chainlink to integrate Chainlink’s decentralized oracle network with Neblio’s Enterprise Blockchain Platform. Provably accurate data from Chainlink’s oracle network will give Enterprise developers building distributed applications on Neblio’s Blockchain Platform a trusted source for real-world data to use as input to their applications. Trusted and decentralized data feeds, event data, and payment information will allow Neblio developers to perform actions on the Neblio blockchain triggered by events and data from the real world.
Accurate data from trusted oracles via Chainlink is vital for Neblio applications in IoT, commerce, supply chain, healthcare, finance, and more. For example, Chainlink’s oracles will allow Neblio supply chain management applications to accurately catalog and act on data from IoT sensors in areas such as keeping goods at certain temperatures, sealing containers against tampering, and tracking the locations of goods with GPS data. Trusted data streams from oracles can also be used in a variety of applications that trigger payments. For example, a Neblio application used by a vacation insurance company may automatically trigger an on-chain insurance payment if data from a Chainlink oracle indicates that your flight was cancelled or delayed for a certain amount of time. A health insurance company may build a Neblio application that automatically lowers your insurance premium based upon trusted data from oracles collected from wearable devices, exercise tracking applications, and other healthcare data. The possibilities are truly endless.
“We’ve chosen Chainlink due to the decentralization, security, and technical maturity of their oracle network. By having access to a trusted and decentralized source of real-world data, Chainlink will allow Neblio developers to build decentralized applications that interact with events and data from our everyday lives. Additionally, Neblio will provide Chainlink and its users with access to a proven and mature Enterprise Blockchain Platform focussed on simplifying blockchain adoption for business.” — Eddy Smith, Neblio Co-Founder
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to large enterprises (SWIFT and Google) and leading smart contract development teams.
Neblio is an Enterprise Blockchain Platform focussed on simplifying blockchain technology for business. Neblio’s lightning fast & scalable blockchain, APIs, NTP1 Token Protocol, and unique services offerings allow clients to easily and quickly utilize blockchain and distributed ledger technology to radically improve efficiency, reduce go-to-market time, and dominate their competition.
Note: chainlinkecosystem.com does not claim any ownership of this content, all credit to Neblio, view official announcement.