Coinbase Cloud, a leading cryptocurrency exchange and infrastructure provider, has announced its participation as a Chainlink oracle node operator. This strategic move aims to further the advancement of securely connecting smart contracts with real-world data.
In an era where timely and accurate delivery of external data is crucial for various web3 use cases, such as decentralized finance (DeFi), crypto payment rails, non-fungible tokens (NFTs), and GameFi, the collaboration between Coinbase Cloud and Chainlink holds significant promise. This article delves into the importance of connecting smart contracts with real-world data and explores how Coinbase Cloud’s involvement as a Chainlink oracle node operator reinforces the decentralized oracle network.
The collaboration between Coinbase Cloud and Chainlink as a Chainlink oracle node operator marks a significant milestone in advancing the connectivity between smart contracts and real-world data. With Coinbase Cloud’s participation, the decentralized oracle network powering Chainlink Data Feeds gains increased decentralization and reliability, benefiting a wide range of web3 use cases.
