Bytom to deploy Chainlink to empower smart contracts

BytomDAO
2 min readJul 26, 2019

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Bytom blockchain is integrating with Chainlink, the leading oracle service provider, to empower Bytom’s smart contracts. Chainlink’s open-source oracle system provides smart contracts with decentralized oracles that will reliably connect those contracts with key off-chain resources like data feeds, APIs and various payment methods.

Bytom’s smart contracts are designed for digital asset operations, demanding secure and reliable data feed from the real world. The deployment of Chainlink allows the Bytom protocol to have off-chain connectivity with input and output data, which guarantees the accurate functioning of Bytom smart contracts. By choosing Chainlink as its oracle service provider, Bytom ensures that DApp developers can access real-world data securely and efficiently.

Xinxing Duan, Founder and CEO of Bytom states, “We look forward to working with Chainlink to deploy their oracle service on Bytom. Better monitoring of off-chain data and assets helps the adoption of decentralized finance and the coming of a programmable economy.”

Daniel Kochis, Chainlink’s Global Head of Business Development, adds, “Chainlink is looking forward to providing reliable oracles to power the creation of diverse digital assets and on-chain financial products on Bytom.”

About Chainlink

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to large enterprises (Google and SWIFT) and leading smart contract development teams. Learn more by visiting the Chainlink website, Twitter or Telegram. If you’re a developer, visit the developer documentation or join the technical discussion on Discord.

About Bytom

Bytom public blockchain is an interactive protocol of multiple byte assets, with the mission of creating diverse assets and a programmable economy. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and so forth that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom. Learn more from Bytom’s Website, Twitter and Github.

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BytomDAO
BytomDAO

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