Chainlink joins Hedera's governance board to further deepen collaboration with the enterprise

BlockBeats News, May 20, Industry Leading Predictor Solutions & NBSP; Chainlink officially joined the Hedera Governance Committee to participate in the distributed governance and oversight of the Hedera network. Chainlink and Hedera will launch a series of initiatives that will help traditional, centralized financial institutions and other organizations leverage decentralized applications to achieve trusted distributed computing and enhance transparency and control.  

ChainLink is a secure blockchain middleware for a wide range of enterprise users. ChainLink will become the Hedera Network Recommended Prophet Partner and will work with Hedera to integrate the ChainLink Prophet into the Hedera Token Service (HTS).  

David Post, Managing Director of Business Development and Strategy at Chainlink Labs, said: "As more and more enterprises adopt distributed ledger technology, decentralized prophecy solutions are an integral part of vertical applications such as DEFI, insurance, gaming and NFT. We will continue to enrich the ChainLink suite of smart contract-related services. We will work with leading enterprise public networks and other members of our governance board to promote ChainLink as the premier provider of predictors for enterprise applications."

Mance Harmon, founder and CEO of Hedera Hashgraph, said: "ChainLink is the most widely used decentralized predictor solution on the market today, safeguarding billions of dollars of user assets worldwide, while Hedera is the most widely used enterprise public network. Together, we are excited to expand our partnership with ChainLink, which will be the first Web 3.0 enterprise on the Hedera Governance Board to help decentralized applications grow and grow in the future."

About Hedera Hashgraph

Hedera is the most widely used enterprise-level public network in a decentralized economy. The Hedera platform is managed by a governance board of leading global companies, These include Avery Dennison, Boeing, Chainlink, Dentons, Deutsche Telekom, DLA Piper, EDF, EFTPOS, FIS (Worldpay), Google, IBM, LG Electronics, Magalu, Nomura, Shinham Bank, Standard Bank Group, Swirlds, Tata Communications, University College London (UCL), Wiplow and Zain Group.

About Chainlink

ChainLink is the most mainstream blockchain predictor in the market, providing security for generally-connected smart contracts. It is compatible with any blockchain environment and can connect to all quality data sources on and off the chain. The ChainLink community, which has hundreds of thousands of members around the world, is responsible for the governance of ChainLink and is committed to improving the fairness of smart contracts. The ChainLink network currently provides security for smart contracts worth billions of dollars across sectors as diverse as Decentalized Finance (DEFI), Insurance and Gaming. Chainlink is currently providing authoritative facts to hundreds of businesses and organizations through a safe and reliable pricing mechanism.

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