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September 22, 2020
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Chainlink joins forces with Cocoa – Blocksats

Chainlink, a leading platform in the industry blockchain, which is used to integrate smart contracts with real-world data sources, has signed a partnership agreement with the South Korean Internet giant Kakao, the company behind KakaoTalk, one of the most popular mobile messaging applications in Asia.

Chainlink and Cocoa

Klatyn Kakao is a public blockchain project of the company. The partnership will now integrate with Chainlink solutions.

Chainlink is a provider of critical infrastructure for the development of the cryptocurrency market and the digital economy. Sergey Nazarov, co-founder of Chainlink, says his technology will provide the Klaytn ecosystem with safe and reliable operation for new generation decentralized applications.

According to the development team:

“Smart contracts must work with the data files and commonly accepted payment methods they rely on centralized digital contracts to ensure value. By providing the elements needed to implement complex smart contracts in the form of key input data and key results, we strive to enable a new generation of smart contracts that go beyond tokenization to become the dominant form of the digital contract market. “

Sangmin Seo, leader of the platform group Klaytn, says:

“Chainlink can provide Klaytn a secure Oracle platform for building blockchain applications that work with traditional infrastructure, increasing our ability to develop more advanced products in a more diverse market.”

Project development

Chainlink introduced verifiable randomness last week Ethereum, with practical benefits for the blockchain gaming industry.

Chainlink technology will allow intelligent contracts to provide evidence that applications are using a tamper-resistant source of randomness over which they have no control, making online games more reliable.

Chainlink is a project that at the end of 2019 significantly increased in popularity. ChainLink was developed first decentralized “Oracle” (Oracle), which can provide external data for smart contracts. To put it simply, ChainLink will give your smart contract access to any external APIwith which you want to connect your contract.

Chainlink is considered one of the most promising projects on the market. You can read more about his technology on our website at this link.

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