Blockchain Fintech News

Leading Tezos Developers Collaborate to Bring Chainlink Oracles to the Tezos Ecosystem

Leading Tezos Developers Collaborate to Bring Chainlink Oracles to the Tezos Ecosystem

We’re excited to announce that leading Tezos teams SmartPy and Cryptonomic are making Chainlink natively available to all developers building on Tezos. Oracles are a key component of a thriving blockchain ecosystem. As such, the SmartPy and Cryptonomic teams are working together to make Chainlink the go-to oracle solution for developers connecting their Tezos smart contracts to real world data and systems. Due to developer demand, Tezos will also be one of the first blockchains supported by Chainlink, further showcasing Tezos as an advanced ecosystem for developing next generation decentralized applications.

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Integrating natively with Chainlink allows Tezos developers to harness the power of decentralized oracle networks to securely and reliably access key off-chain resources and use them in their on-chain applications. Oracles allow developers to build smart contracts that incorporate high-quality off-chain data, take advantage of external API services, connect to IoT infrastructure, interact with enterprise backends, interoperate with other blockchains, trigger settlements on existing payment networks, and much more.

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Combining Tezos’s secure, institutional-grade smart contracts with Chainlink’s tamper-proof inputs and outputs enable the development of highly secure, data-enabled applications that are fully integrated with real-world data/systems. Chainlink and Tezos already share many node operators, making the integration seamless and the cross-platform support beneficial for both communities.

The technical integration is headed by top Tezos teams Smart Chain Arena, the team behind the widely-used Tezos smart contracts programming language SmartPy, and Cryptonomic, the team behind popular Tezos tools like the Galleon wallet, Conseil API, and Nautilus Cloud. Both teams are committing major code contributions to Chainlink’s GitHub repo.

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