Chainlink Preparing for Smart Contract Virtual Summit to Discuss the Future of DeFi With Leading Speakers

By August 20, 2020DApps
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Chainlink is organizing the Smart Contract Virtual Summit, which is the largest DeFi conference of 2020. Those who are willing are invited to register to join the leading speakers in the industry along with thousands of attendees around the world to discuss the future of DeFi.

The ChainLink website have to say that they provide framework for building decentralized oracle networks that give your smart contract access to secure and reliable data inputs and outputs.

ChainLink continues to bridge the gap between the world of blockchain and the outside world. There are wild and optimistic price projections happening for the Altcoin; however, right now it looks like investors are trying to cash out their profits and there seems to be a correction.

The price might go a bit down and it might not be in a never ending high but the usefulness of the oracle cannot be denied and the adoption of the oracle continues with absolute optimism and proven results. The fundamental value of the asset never changes. The price action in part is affected by the buying and selling by holders who are in to make profits when the price goes high.

ChainLink Oracle Integration Getting Progressive

It has become easy for developers to deploy smart contracts which interact with ChainLink oracles. Using the ChainLink Docs it will be easier for developers to open example contracts in Remix to quickly deploy and test.

Ayobami Abiola, writer at The Currency Analytics tweeted: “Chainlink (LINK) Oracle integration literally happens every day! Real Time, Real Use and Real Users.”

ArbolMarket are using #Chainlink to validate the weather data, making it the first decentralized weather insurance product which will be live on the #Ethereum mainnet. Farmers will now be able to protect themselves from negative weather events using universally connected smart contracts.

The gaming platform EarnBetCasino are integrating Chainlink to access off-chain data to power their sports games & prediction markets. EarnBet are also looking to incorporate ChainlinkVRF within games as an on-chain source of provably fair & unbiased RNG.

Centralized trading platform RealHxro integrates Chainlink Price Reference Data live on mainnet to begin decentralizing pricing and settlement of its BTC and ETH indices. This provides Hxro users with unparalleled transparency, fairness, and reliability.

Blockchain platform NervosNetwork have integrated Chainlink oracles to power universally connected smart contracts. Chainlink greatly expands the amount of data Nervos developers can use when building dApps while not compromising on security & reliability.

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