Crypto APIs, a comprehensive API provider simplifying the development of blockchain and crypto-related apps, today announced that it will be offering data oracles on Chainlink, a decentralized oracle network that connects smart contracts with real-world data. Crypto APIs will provide 2 oracles: one for Market Data and another for Blockchain Data.
The Market Data oracle provides a consistent and secure market data source for smart contracts. While the Blockchain Data oracle provides off-chain information on blocks, transactions, wallets, and balances from all the blockchain protocols that Crypto APIs supports: Bitcoin, Ethereum (with all tokens), Ethereum Classic, Bitcoin Cash, Litecoin, Dash, Doge and Omni Layer (with all tokens including Tether).
Chainlink is the first decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. An example of external data is the Market Data provided through the API from Crypto APIs.
Crypto APIs is an infrastructure layer that makes the development of any blockchain and crypto related app easier. Crypto APIs is comprised of 3 modules: Blockchain APIs, Crypto Market Data APIs, and Exchange & Wallet account management APIs.
The Crypto Market Data API provides the most relevant crypto market data collected from more than 100 crypto exchanges.
“For us, working with Chainlink was a no-brainer. We have immense respect for Chainlink and the great work they have done in the blockchain field, and now, with Crypto APIs’ input, we hope this will be even more true in the future. We look forward to integrating our APIs with Chainlink.”
– Viktor Petrov, Co-Founder of Crypto APIs