Chainlink Integration Connects Filecoin to Smart Contract-Enabled Blockchains

The integration will enable connection between Filecoin and Ethereum and other smart contract-enabled blockchains.

AccessTimeIconMar 24, 2021 at 12:00 p.m. UTC
Updated Sep 14, 2021 at 12:31 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Decentralized storage network Filecoin has integrated with decentralized finance (DeFi) oracle service Chainlink.

  • 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.)

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.