CEO Sergey Nazarov spoke at CoinDesk’s Invest: Asia 2019 conference in Singapore on current products and future developments for the Chainlink platform.
An API bridging service, Chainlink connects smart contract platforms – like decentralized finance products – to oracles containing real market data and event information.
At Invest: Asia, Nazarov said the platform is building up applications for DeFi products, among other applications.
Speaking on the role of oracles, Nazarov said it comes down to giving developers the best information. “The ability for a developer to make all the choices the way he wants about inputs and outputs is what oracles really provide,” Nazarov said.
Chainlink will soon be issuing more oracle networks specifically for on-chain DeFi information.
For Chainlink, it all comes down to data applicability, he added:
Chainlink CEO Sergey Nazarov at Invest: Asia 2019 via CoinDesk archives
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