Tuesday, May 11, 2021

ChainLink (LINK), JPMorgan, Siemens, IBM, Microsoft, Intel among Others Constitute IC3

According to an update, ChainLink, a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, is now counted among the world’s giants in technology.

Chainlink, JP Morgan, Siemens, IBM, Microsoft, Intel among Others are members of IC3, an organization run by experts from some of the most prestigious tech universities in the world.

A user identified as TheLinkMarine on Twitter shared this with the Chainlink community to showcase the prestigious potential embedded in the Oracle solution and its native token LINK.

TheLinkMarine shared this, “Don’t forget… Chainlink is a member of IC3…which is ran by experts from some of the most prestigious tech universities in the world, and counts Microsoft, IBM, Intel, JPMorgan, Calibra, Digital Asset, Cisco and Siemens amongst its members.”

Chainlink (LINK) Cooperates With DeFi Money Market

Chainlink has recently announced its collaboration with the DeFi Money Market (DMM), which offers higher yield money markets on the Ethereum mainnet backed by tokenized real-world assets.

Since the start of 2020, Chainlink has consistently welcomed a host of growths and developments, which has positively impacted the price of its native token, LINK, in the cryptocurrency market.

The solution it proffers using its decentralized oracle network has significantly aided its global exposure in terms of partnerships and beneficial integrations.

Describing its recent collaboration, Chainlink shared this, “Welcome DMM to the Chainlink ecosystem! DMM is a blockchain-based money market backed by real-world assets & trusted off-chain data from Chainlink oracles. DMM currently has $10M USD in tokenized car loans backing the launch of its initial money market.”

Chainlink (LINK) Situation in the Market

Chainlink (LINK), the 11th largest cryptocurrency by market cap has been outstanding in terms of price trend over the past hours. The digital token could eventually outplace Tezos (XTZ) if it consolidates its present surging trend.

Its recent top performance has been attributed to the exposure and development garnered by Chainlink in recent times. At the time of filing this report, LINK is trading at $4.41, with a 5.87% price upsurge in the last 24 hours.

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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