Thursday, February 25, 2021

ChainLink Integrates with 2key Network to Incorporate Oracle Technology

Some hours ago, 2key Network, the creator of Smart Links advanced layer-2 solution for scalability announced the integration of ChainLink into its ecosystem, to incorporate oracle technology.

This report was shared by 2key Network via one of its media of disseminating information on 3rd January 2020. According to the report, the integration comes with several preplanned benefits.

First Notable Benefit of the ChainLink and 2key Network Integration

Going by the report, the first and the notable benefit of this integration goes to the users leveraging Smart Links belonging to 2key Network. This enables them to incorporate ChainLink’s oracle technology to pay participating members in line with the decentralized sourcing of market prices for payment and advertisement performance data.

The smart contracts are embedded and bonded into normal web links by a Smart Link. This simple process gives the creator of the Smart Link to gain tracking access to all the links shared, bringing about rewarding participants that shared the links once a legitimate conversation is detected and confirmed.

About ChainLink

ChainLink can be described as a network that enables decentralized Apps to gain access to off-chain data and the systems needed to activate and settle smart contracts.

This is made possible via a decentralized network of oracles. The digital agents, Oracles activate tamper-proof smart contracts on non-blockchain infrastructure with a high trust level. This will be preceded by the interaction with data in a decentralized nature.

ChainLink is broadly recognized for the provision of highly secure, recommendable and reliable oracles to great companies such as SWIFT, Google, and several others, coupled with the highly ranked smart contract projects like Web3, Hedera, Reserve, Harmony, and others.

About 2key Network

The easy transitioning of Web 2 to Web 3 is made possible with the layer-two scalability solution provided by 2key Network.

At just one click on a Smart Link invented by 2key, a user’s browser will be transformed into a node with a noncustodial wallet. Smart Links also transform web links for the decentralized web.

Compensation of dedicated fans, followers, clients, and others is the new strategy to improve the growth of a business or enterprise – 2key Network is also a good choice in making such happen.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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