Chainlink Presents New Ethereum Partnership With Next-Gen Apps

The cryptonews now show that Chainlink presents a new partnership right after it postponed its Smart Contract summit in a way to protect the health interests of the speakers in the community, making it their number one priority. A future date and time were to be decided, and the company already agreed to provide a full refund on all the tickets.

As the crypto expert Sydney Ifergan said in a tweet:

“Ethereum and Chainlink have been rumored to impact blockchain technology. Waiting to see the Interoperability of ChainLink Distributed Oracle Network and Ethereum next-gen apps.”

The fact that Chainlink presents a new partnership in the ETH news means a lot – there are just so many ambitious plans for the future between the two companies. Several investors are also keeping a close eye on ETH and LINK, as well as the latter’s interoperability platform.

We can definitely expect to see the development of the decentralized dApps and the deployment of Smart Contracts on the Ethereum Virtual Machine. The best use of features such as Beacon chains, Sharding, Ethereum flavored Web Assembly and Proof of Stakes (PoS) is expected to facilitate new, decentralized and democratic internet Web 3.0.

As Chainlink presents the novelties, the decentralized oracle network is now seen as a major way to help connect smart contracts with off-chain data, events and payments. All of these will be further empowered by LINK, its cryptocurrency and the entire LINK ecosystem.

The range of data which is linked to blockchain smart contracts using Chainlink now consists of tons of data from other blockchains, data from bank payments, events, IoT, APIs, backend systems and more. All of this contributes to the evolution of blockchain-based smart contracts which is Chainlink’s main mission.

Chainlink presents the new partnership and should start building the decentralized insurance products soon.
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The blockchain news show that all of these products have been tested and envisioned to help the industry on a wide scale.

Meanwhile, the LINK market price is at $2.01 today with a 9.60% decrease just like many altcoins which lost a lot of their values today and are in a weak momentum lately.