0Chain to Integrate Chainlink, Connecting Ethereum dApps to Decentralized Data Storage
We are excited to announce that 0Chain, a high-performance decentralized storage network, will integrate Chainlink, the industry-leading decentralized oracle network, as core infrastructure for connecting 0Chain to Ethereum and various other blockchains and external systems. The integration will involve multiple use cases, such as leveraging Chainlink Price Feeds, Metadata Mapping, Cloud Data Feeds, and Cross-Chain Verifications.
In order for decentralized applications (dApps) to offer users meaningful services, a smart contract must be able to access accurate and reliable data in a secure manner. Look no further than DeFi and NFT dApps, which use price feeds, randomness, and numerous other verifiable datasets to trigger their on-chain logic. Since blockchains only provide information about internal state, oracle networks like Chainlink are critical for enabling dApps to fetch external data from other blockchains or traditional APIs so it can be used natively on their underlying blockchain.