Monday, September 28, 2020
No menu items!
  • News
  • Blockchain
  • Contact Us
More

    Cypherium Partners with Chainlink to Provide Smart Contract Oracles to Global Enterprise

    Must Read

    KuCoin Hack: There Was Nearly $280 Million in Various Crypto Assets Stolen

    According to the director of research at The Block, Larry Cermak, there was nearly $280 million in various crypto...

    How Man Recovered All His Stolen XRP after Months of Getting Hacked Through Ledger Nano X

    In the cryptocurrency ecosystem, there have been perpetration of hackers, where thousands and millions of dollars were being stolen....

    Cardano (ADA) Is Up and Running Again On Bittrex Exchange

    According to a recent update, Cardano (ADA), the ninth-largest digital currency by market capitalization, is up and running again...
    Avatar
    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.




    Cypherium, the enterprise-focused blockchain platform that promotes scalability and decentralization, has sealed a partnership with Chainlink, the leading decentralized oracle network.

    According to the report, the partnership is focused on the need for the optimization of smart contract utility, through secure and reliable oracle solutions.

    The collaboration with Chainlink has come at the time when Cyphyrium just added Randstad, the global leaders in human resources, to its collaborator network.

    Importance of Chainlink to Cypherium

    Chainlink specializes in securing bidirectional integration of off-chain data with smart contracts. It renders its services to global enterprises, such as Oracle, SWIFT, and Google. Its reliable services have so far aided it to occupy a seat among the best in the market.

    So, Cypherium’s collaboration with Chainlink will grant it access to the latter’s oracle capabilities. This will give Cypherium the capability to optimize the blockchain implementation and application procedures for its globally influential partners, with access to fully integrated and secure smart contracts.

    The CEO at Cypherium, Sky Guo said:

    “Uncompromising on security, Chainlink is an ideal technology for Cypherium. The Chainlink network is recognized by top independent research firms such as Gartner as a leader in blockchain applications. At Cypherium, we understand the value of secure middleware solutions and are thrilled to be able to provide our global enterprise partners with Chainlink’s state of the art oracle capabilities.”

    The report furthered that the partnership will bring about the creation of use cases that will make use of both Chainlink and Cypherium’s technologies.

    Moreover, the two organizations will carry out collaborative marketing activities and engagements, to enhance the growth of the ecosystem.

    Head of Partnerships for Chainlink, Dan Kochis, said:

    “Cypherium’s blockchain solution provides enterprises with iron-clad security and lightning speed transactions for smart contracts. Chainlink’s decentralized oracle technology enhances the functionality of smart contract blockchain platforms like Cypherium, ensuring Cypherium’s collaborators have undisputed security and reliability of their critical off-chain data feeds, web APIs and traditional bank payments. Enabling Google Cloud, AWS and IBM access to Chainlink is a significant milestone in our development, and Chainlink can advance the realization of endless use cases, made possible by Cypherium.”




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    KuCoin Hack: There Was Nearly $280 Million in Various Crypto Assets Stolen

    According to the director of research at The Block, Larry Cermak, there was nearly $280 million in various crypto...

    How Man Recovered All His Stolen XRP after Months of Getting Hacked Through Ledger Nano X

    In the cryptocurrency ecosystem, there have been perpetration of hackers, where thousands and millions of dollars were being stolen. Little or none of those...

    Cardano (ADA) Is Up and Running Again On Bittrex Exchange

    According to a recent update, Cardano (ADA), the ninth-largest digital currency by market capitalization, is up and running again on the cryptocurrency exchange, Bittrex. In...

    World Economic Forum: XRP Is The Most Relevant Digital Asset For Wholesale CBDC

    The World Economic Forum (WEF) has characterized the fourth largest digital currency by market capitalization, XRP, has the most relevant crypto asset for wholesale...

    Cardano (ADA), Tezos (XTZ) Are Technologically Superior to Bitcoin and XRP –Weiss Ratings

    Weiss Crypto Ratings, the provider of independent ratings of digital currencies, has recently stated that Cardano (ADA), Tezos (XTZ), and ten other digital assets...

    More Articles Like This