In this edition, we bring you the latest updates and integrations driving innovation within the Chainlink ecosystem.
In this week’s roundup:
- Swift Collaborates With Chainlink.
- LUXON Integrated Chainlink VRF.
- Chainlink announced Hackerhouse.
- LooksRare Integrated Chainklink VRF.
New Partnerships, Integrations, and Hacker House
Welcome to the Chainlink Weekly Round-Up! In a world where decentralized applications are redefining how we interact with technology, Chainlink stands at the forefront as the industry-standard Web3 services platform. With its seamless integration of real-world data and off-chain computation across multiple blockchains, Chainlink empowers developers to create cutting-edge Web3 applications that push the boundaries of innovation.
In this weekly roundup, we’ll explore the latest updates, integrations, and highlights from the dynamic world of Chainlink. Let’s get to it:
Swift Collaborates With Chainlink
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has joined forces with Chainlink in a groundbreaking partnership aimed at exploring the integration of blockchain networks within the financial industry. The collaboration centers around utilizing Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to seamlessly connect the systems of financial institutions with various blockchain networks.
The partnership involves conducting trials with prominent financial institutions such as ANZ, BNP Paribas, Citi, and Lloyds Banking Group. These trials will focus on testing the transfer of tokenized value over both public and private blockchain networks.
The ultimate goal is to demonstrate how SWIFT’s infrastructure can facilitate interoperability, enabling the smooth transfer of tokenized assets within public blockchain wallets, between public and permissioned blockchains, and from Ethereum to other public blockchains.
In this innovative collaboration, Chainlink acts as an enterprise abstraction layer, bridging the SWIFT network with the Ethereum Sepolia network. The Cross-Chain Interoperability Protocol developed by Chainlink is crucial in ensuring interoperability between the source and destination blockchains, enabling secure and efficient transfers of tokenized value.
LUXON Integrated Chainlink VRF
LUXON has integrated Chainlink VRF on Polygon to help randomize the minting of NFTs for its beachhead battle game DESPERADO B218.
As a result of integrating the decentralized Oracle network, LUXON has access to an auditable, tamper-proof source of randomness that helps us randomize the minting of NFTs within the SEASON-0 web quest.
The NFTs are exchangeable for packs in DESPERADO B218 for higher-tier NFTs. According to LUXON, this results in an exciting and transparent user experience since users have cryptographically verifiable assurances that the NFT minting process is random.
Hackerhouse by Chainlink
Chainlink has announced the Hacker House at SmartCon 2023, scheduled for Sept. 30 – Oct. 1 in Barcelona.
The event will feature boot camps, workshops, games, advice from industry experts, and more. Whether you are an experienced developer or a beginner, Chainlink invites you to learn from the best.
LooksRare Integrated Chainklink VRF
NFT marketplace LooksRare has integrated Chainlink VRF on Ethereum to select winners for LooksRare raffles. According to LooksRare, Chainlink VRF provides a tamper-proof and auditable source of randomness. LooksRare will use it to determine the winning entries for blue-chip NFTs and LOOKS contests.
Cryptographically, it can prove that every raffle is fair and unbiased. Chainlink VRF combines block data that’s still unknown when requests are made and the Oracle node’s pre-committed private key to generate both a random number and a cryptographic proof.
Last edition: Chainlink Weekly Roundup: Pacific Meta, Tencent Cloud, Neutra Finance and Gunther’s Rich Dog
What Is Chainlink:
Chainlink is the industry standard for building, accessing, and selling Oracle services that power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offer global enterprises and leading data providers a universal gateway to all blockchains.
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