Chainlink has introduced a new developer platform dubbed Functions with the aim of connecting web3 applications with classic cloud services.
Oracle decentralized network Chainlink has introduced a new developer platform called Chainlink Functions to facilitate the integration of decentralized applications (dApps) with conventional web applications.
The oracle network of Chainlink is intended to allow smart contracts and apps to leverage off-chain data in a safe and decentralized way. According to statistics gathered by Dune Analytics, it has more than 650,000 active members, making it the most popular oracle network in the business.
Its Oracle service will be complemented by the development of a new platform named “Functions.” It would enable blockchain developers to link their decentralized applications (dApps) or smart contracts to any application programming interface inside the conventional technology sector without having to handle extra cloud infrastructure. In addition to Amazon Web Services and Meta, the platform is compatible with a number of additional cloud services.
According to Chainlink’s chief product officer, Kemal El Moujahid, the debut of Chainlink Functions will eliminate a key barrier to web3 adoption.
With Chainlink Functions, “we are eliminating a significant obstacle in the adoption of web3 and making it simpler than ever for developers to connect smart contracts with the strong APIs and web2 data sources they need to create incredible apps,” Moujahid added.
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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
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