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Chainlink Integration Connects Filecoin to Smart Contract-Enabled Blockchains
The integration will enable connection between Filecoin and Ethereum and other smart contract-enabled blockchains.
Decentralized storage network Filecoin has integrated with decentralized finance (DeFi) oracle service Chainlink.
STORY CONTINUES BELOW
- An announcement Wednesday said the integration would enable connection between Filecoin and Ethereum and other smart contract-enabled blockchains.
- Developers will now be provided a full Web 3.0 infrastructure thanks to Chainlink oracles for off-chain computation and Filecoin's decentralized data storage.
- Colin Evran, ecosystem lead at Filecoin developer Protocol Labs, said the integration will automate Filecoin storage functions and make Filecoin's state accessible on other blockchains.
- Filecoin and Chainlink's tokens are among five that Grayscale Investments offers via new investment trusts, aiming to drawing institutional money to the DeFi space. (Grayscale is a CoinDesk sister company.)
See also: Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
