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About Chainlink
Industries
Data & Analytics
Crypto & Web3
Company Size
1-10
Company Stage
ICO
Total Funding
$32M
Headquarters
Cayman Islands
Founded
2014
Overview
Chainlink Labs provides Web3 services that enable secure and reliable transactions across various sectors such as decentralized finance (DeFi), insurance, gaming, and non-fungible tokens (NFTs). Their main product enhances smart contracts by connecting them with real-world data sources and off-chain computation, allowing businesses to interact seamlessly with different blockchains. What sets Chainlink apart from its competitors is its strong partnerships with major companies like AWS and Google, as well as its collaboration with leading development teams in the blockchain space. The goal of Chainlink Labs is to create a world where smart contracts are powered by accurate and trustworthy data, facilitating the next generation of digital transactions.
Simplify's Take
What believers are saying
- Integration with Pi Network could boost Chainlink's adoption and LINK token value.
- Collaboration with ADGM positions Chainlink as a leader in compliant blockchain solutions.
- Chainlink's addition to PayPal and Venmo increases LINK token accessibility.
What critics are saying
- Sony's Soneium blockchain may divert clients from Chainlink's platform.
- Agentic AI rise could outpace Chainlink's current on-chain trust solutions.
- Complex blockchain UX may hinder Chainlink's adoption among users.
What makes Chainlink unique
- Chainlink connects smart contracts to real-world data, enhancing their functionality.
- It collaborates with major enterprises like AWS, Google, and T-Systems.
- Chainlink's open-source blockchain oracle solutions are industry-standard in Web3 services.
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Funding
Total Funding
$32M
Above
Industry Average
Funded Over
0 Rounds
Company News
Astar, a collective driving Web3 adoption originating from Japan, is relaunching its Yoki Origins as Yoki Legacy on Sony’s Soneium blockchain. Yoki Origins was digital collectible adventure that launched last year with partners like Casio, Japan Airlines, JR Kyushu Railway Company, Quickswap, Rarible, and others. Now it is called Yoki Legacy. Soneium is Sony’s Block Solutions Labs’ Layer 2 blockchain. “As an ecosystem that puts creativity and accessibility at its core, Soneium is the ideal home for Yoki Legacy. We’re excited to see the project relaunch on a platform built to support creators and IP-driven innovation” said Maarten Henskens, head of Astar Foundation, in a statement
Pi Coin eyes $2.5 after Pi Network integrates with Chainlink.
Agentic artificial intelligence (AI) software systems are fast becoming the new power users of the internet. These autonomous digital entities, capable of browsing, buying, trading, negotiating and even governing, are at the tip of payments and commerce innovation. Amazon, for example, is testing a feature using agentic AI to help customers buy items from other brands while [] The post Need for On-Chain Trust Grows as AI Agents Flood Crypto appeared first on PYMNTS.com.
PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Friday (April 4) press release that it added these tokens in response to feedback from customers. Users of the digital wallets will start to see LINK and SOL available for purchase over the next few weeks, according to the release
On the ecosystem side of things, Abu Dhabi Global Market (ADGM), the international financial hub of the UAE capital, recently entered into a memorandum of understanding with Chainlink to develop regulatory frameworks for tokenized assets.
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About Chainlink
Industries
Data & Analytics
Crypto & Web3
Company Size
1-10
Company Stage
ICO
Total Funding
$32M
Headquarters
Cayman Islands
Founded
2014
There are no jobs for Chainlink right now.
Find jobs on Simplify and start your career today