2021-10-21 18:47:24

Associated Press To Utilize Chainlink Smart Contracts

The Associated Press (AP) has historically been known as one of the most reliable sources in news data. This week, the AP has announced that they are launching a Chainlink node to make a variety of different datasets available to leading blockchains. The AP has continued to be aggressive in utilizing blockchain technology to provide data in the quickest and most reliable way possible. Moving At The Speed Of News In today’s world, news is arriving to consumer’s eyes and ears faster than ever. The Associated Press’ move this week to leverage Chainlink oracles will look to address exactly that, all while maintaining the verifiability and legitimacy of the data. According to the AP’s press release, in utilizing the Chainlink node, “AP data will be supplied and sold directly to applications running across various blockchains.” Additionally, the AP will have the data cryptographically signed to maintain veracity. Data will initially be focused around U.S. political race calls, economic data, sports game outcomes and business financials. These data sets can often be ‘around-the-clock’ data that is constantly evolving and in high demand for the latest possible updates, making them ideal pieces of data to have streamlined through Chainlink oracles. Dwayne Desaulniers, AP director of blockchain and data licensing, noted that “Chainlink technology is the ideal way to provide smart con...

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