Hedera Adopts Chainlink Data Standards to Accelerate DeFi Adoption and RWA Tokenization
by Hedera Team
Hedera is the most widely used, sustainable, enterprise-grade public network for the decentralized economy.
Hedera is proud to announce that Chainlink Data Feeds and Chainlink Proof of Reserve—part of SmartData, Chainlink’s suite of asset-servicing data products—are now available on the Hedera network. By adopting Chainlink’s standards for high-quality data verification and reserves, developers on the Hedera network now have seamless access to the tamper-proof feeds needed to support the development of highly secure DeFi and RWA tokenization applications.
Hedera Adopts Chainlink Data Standards to Accelerate DeFi Adoption and RWA Tokenization
December 16, 2024
by Hedera Team
Hedera is the most widely used, sustainable, enterprise-grade public network for the decentralized economy. Hedera is proud to announce that Chainlink Data Feeds and Chainlink Proof of Reserve —part of SmartData , Chainlink’s suite of asset-serving data products—are now available on the Hedera network. By adopting Chainlink’s standards for high-quality data verification and reserves, developers on the Hedera network now have seamless access to the tamper-proof feeds needed to support the development of highly secure DeFi and tokenized RWA applications.
The HBAR Foundation recently joined Chainlink Scale to provide Hedera developers with enhanced access to Chainlink’s high-quality oracle services. As the standard for decentralized data, Chainlink has helped secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, has a proven track record of reliably delivering data of all types to blockchains, and is widely adopted by applications requiring offchain data and computational services.
