WAX Blockchain integrating Chainlink’s decentralized oracle network
Chainlink will be used by WAX to obtain market data for DeFi products, source real-world events for next-generation NFTs, and communicate cross-chain to other key ecosystems such as Ethereum. With this partnership, the entire WAX ecosystem gets secure access to a variety of off-chain resources, such as random number generation, token prices, sports events, IoT data, interoperability with other chains, existing payment systems, enterprise backends, and much more.
WAX’s dApp developers gain far more functionality when they can integrate with data and systems outside the native blockchain, such as accessing token prices, sports stats, etc. Chainlink will bridge that gap as the standard framework for building provably secure and redundantly reliable oracle networks for WAX and the EOSIO ecosystem, ultimately leading to next-generation dApps that retrieve and respond to real-world data and events.”
