Ontology Partners Chainlink to Leverage Smart Contract Functions
In a Medium post published on November 25, 2019, blockchain project Ontology announced that it had partnered with data-driven smart contracts platform Chainlink to leverage its distributed ledger technology-based (DLT) market offerings. According to the Medium post, the oracle problem that the two projects are looking to tackle has essentially to do with what the smart contracts can see and observe (user input), as well as the way it reacts to the given input (output).
Ontology claims that the partnership with Chainlink will effectively enable the Ontology ecosystem to create externally connected smart contracts. It’s worth noting that Ontology is not the first distributed ledger technology (DLT) project to have forged an alliance with Chainlink to circumvent common issues related to smart contracts.
