GoChain, a blockchain network protocol, announced today it is teaming up with Chainlink to integrate its oracle services capable of bringing real-world data onto the GoChain blockchain.
Smart contracts that offer provably secure access to data feeds, APIs and payments are a critical component in providing enterprise blockchain solutions that are compatible with legacy infrastructure.
Chainlink is a leading blockchain project and service provider with a decentralized network that provides reliable tamper-proof inputs and outputs for complex smart contracts—also known as oracles. Chainlink technology is used and recognized by banking leaders like SWIFT, top research firms like Gartner, and prominent startups, organizations, and enterprises around the world.
“Oracles provide the missing link in smart contracts which is getting outside data to affect what happens on chain. Without being able to use outside data, smart contracts are very limited in what they can do. Chainlink’s oracle network enables this in the best way possible by also being an unstoppable decentralized network.”
– Travis Reeder, GoChain CTO & Co-founder
Collaboration with Chainlink will amplify enterprise use case and pave the way for real-world adoption by interfacing off-chain data with the GoChain blockchain in a secure fashion.
Enterprise companies like DISH Network and Microsoft have already committed to building blockchain solutions using GoChain technology.