Chainlink and Polymarket announced a partnership, aiming to use decentralized oracle technology to quickly resolve bets on-chain. These measures can make bet resolutions faster and more reliable.
The two firms are also interested in applying this technology for more subjective bets, as Chainlink’s oracles specialize in concrete data like asset prices. Ideally, Polymarket could reduce resolution risks in all categories.
Polymarket and Chainlink Join Forces
Chainlink, a major blockchain infrastructure firm, has been making huge partnerships lately, attempting to target China’s RWA market and securing a large contract with the US government.
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Today’s announcement is slightly less grandiose, but still significant: Chainlink is partnering up with Polymarket.
According to the firm’s press release, Chainlink is aiming to help Polymarket’s speed and accuracy. The company will employ its decentralized oracle networks to automatically settle asset price-related markets to reduce latency and tampering r
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Author: Landon Manning
