Polymarket is taking a new approach to how certain markets are resolved on its platform, giving oracle platform Chainlink authority over some of its users’ price predictions.

Focusing on the “accuracy and speed” of markets that hinge on the performance of digital assets, Chainlink said in a press release on Friday that it is now Polymarket’s go-to source for determining whether a price was reached within a certain period of time.

In a statement, Chainlink co-founder Sergey Nazarov called it a “pivotal milestone,” saying “high-quality data and tamper-proof computation” can bolster trust in prediction markets. (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

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Author: André Beganski