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Aptos Partners with Chainlink to Boost Network Efficiency

Highlights:

  • Aptos has announced a new strategic partnership with Chainlink to enhance various functionalities on its blockchain.
  • The collaboration is happening a few days after Ripple’s similar partnership, which involves adopting Chainlink’s standard for high-quality data.
  • A top Chainlink executive expressed optimism about leveraging Chainlink’s features for the overall growth of the Aptos network.

According to a January 9 blog post, independent Layer-1 blockchain Apto is partnering with Chainlink to expand its network capabilities. According to the press release, the collaboration will revolve around adopting the Chainlink standard for high-quality data. With such integration, Aptos will enjoy easy access to the tamper-proof data crucial in developing secure applications on its blockchain.

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Citing reasons for its partnership choice, the Layer-1 blockchain company mentioned it is leveraging Chainlink’s wide Decentralized Finance (DeFi) access. Worthy of note is the fact that most applications that require off-chain data and computation services have recorded commendable success by adopting Chainlink’s features.

Hence, through its partnership with Chainlink, Aptos hopes to create a secure atmosphere for developers on its network to access similar off-chain data and computation services. Overall, the collaboration will boost Aptos network scalability and efficiency. In addition, it will facilitate the development of secured Decentralized Applications (dApps) on the Aptos blockchain.

Speaking about the new achievement, Thodoris Karakostas, head of blockchain partnerships at Chainlink Labs, stated:

“We are excited that Aptos has adopted the Chainlink standard. Chainlink Data Feeds will greatly enhance the reliability of applications built on the network, and we look forward to seeing the innovative ways developers leverage it.”

Aptos Highlights Reasons for its Collaboration Decision

Aside from merely equipping developers with the right support aid, the collaboration will undoubtedly cement Aptos’ position as a renowned Web3 innovation outlet. Therefore, it makes it easier for Aptos to stand out among its peers in the highly competitive blockchain ecosystem.

Moreover, recognized globally for its high emphasis on security scalability and reliability, Aptos has always been on the lookout for strategic partnerships that will boost its entire functionalities. Notedly, it runs a Block-STM engine that handles complicated on-chain transactions. The quest to ensure high performance and eliminate latency for real-world applications makes Chainlink Data Feeds suitable for the Aptos network.

Chainlink Data Feeds Will Bring Innovative Features into Aptos Blockchain

In the blog post, Aptos didn’t fail to highlight several exciting features that its latest partnership will introduce to its network through Chainlink Data Feeds. Per the announcement, Chainlink’s ability to manage data obtained from several sources makes it an ideal option to improve the overall data quality on the Aptos network.

Reliable nodes were another aspect of blockchain enhancement that will be incorporated into the Aptos blockchain via Chainlink Data Feeds. This is possible because Chainlink boasts secured nodes that turned out successful even amid extreme difficulties like network congestion. As stated earlier, Chainlink is embedded in the decentralized field. Hence, it is unsurprising that it would be crucial for Aptos’ decentralized infrastructures.

Finally, Chainlink Data Feeds will incorporate high levels of transparency for the Aptos network. This stems from the fact that the data feeds on Chainlink are easily accessed by anyone using appropriate tools like market.link.

Chainlink Data Feeds Prominence Soars

Before Aptos’ revelation, Ripple announced its collaboration with Chainlink on December 7. Like Aptos, Ripple’s partnership also saw the cross-border firm adopt Chainlink’s standard for verifiable data. With the integration, Ripple hopes to boost its RLUSD stablecoin visibility and importance in decentralized and financial institution settings.

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