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Coin-Turk 6 minutes ago
15
Hedera has announced its integration with Chainlink’s decentralized oracle solutions to enhance decentralized finance (DeFi) and the tokenization of real-world assets (RWA). This collaboration aims to incorporate Chainlink 
$30’s Data Feeds and Proof of Reserve into the Hedera ecosystem, providing developers with a secure, transparent, and decentralized data infrastructure.
Chainlink and Hedera
According to the recent announcement, Hedera has adopted Chainlink Data Feeds to enhance the security and transparency of DeFi applications and tokenized real-world asset platforms. This integration grants developers on the Hedera network access to accurate and tamper-resistant market data necessary for creating decentralized financial products.
By utilizing Chainlink’s decentralized oracle networks, Hedera developers can obtain reliable off-chain data for various applications. This includes automated market makers (AMMs), lending protocols, and decentralized exchanges (DEXs). This infrastructure improves risk management by eliminating data manipulation risks and increases liquidity in DeFi markets.
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