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Ontology blockchain to integrate off-chain data connection via Chainlink

www.cryptoninjas.net

Ontology, a network of public blockchains and distributed collaboration platform with integrated support for ledger accounts and smart contracts, announced today a partnership with Chainlink to integrate its oracle solution for building data-driven smart contracts. Chainlink Oracle Refresher Chainlink is a decentralized oracle network that gives smart contracts secure and reliable access to data providers, web APIs, enterprise systems, cloud providers, IoT devices, payment systems, other blockchains and more.

An oracle allows off-chain data inputs to come into the smart contract and output data to be pushed out on to external systems. In this regard, oracles provide answers to questions a smart contract may have about external events, such as “Did the goods arrive on time to the retailer?”

Read in Full: www.cryptoninjas.net
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