STP Network to Integrate with Chainlink
Chainlink, the leading blockchain oracle provider, will cooperate with STP in building the infrastructure for globally compliant tokenized assets. Standard Tokenization Protocol will unlock liquidity for trillions of dollars in global assets, and is adamant on setting the highest standards in compliance, security, and reliability. Smart contracts by default are unable to access outside data and information. Chainlink’s Oracles will enable smart contracts on the STP Network to seamlessly interact with and bring secure and reliable information about asset price, contract details, and ensure provably fair offerings on its platform.
Together, STP and Chainlink will bring innovations to global financial markets and in the blockchain industry.
“Chainlink will be an integral part of STP’s vision to build a globally compliant standard for the issuance and transfer of assets,” said Mike Chen, founder and CEO of STP Network. “STP’s network will always comply with the latest global regulations, and Chainlink’s Oracles will enable us to securely access regulatory information outside of the blockchain.”
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 both large enterprises (SWIFT) and leading smart contract development teams. To learn more about Chainlink’s latest developments, visit their website or join them on Telegram or Twitter.
Note: chainlinkecosystem.com does not claim any ownership of this content, all credit to STP Network, view official announcement.