Oasis Network Announces Chainlink Oracle Integration to Enable Privacy-Focused DeFi Applications

Oasis Network, a privacy-centric data-sharing network, said it will integrate Chainlink’s price feeds into its network.

According to a press statement emailed to CoinDesk, Oasis will initially use Chainlink’s price reference data to provide valuation to supported tokens used in Oasis’ decentralized finance (DeFi) applications.
The statement adds the integration of this data will also allow Oasis Network to maintain the integrity of off-chain information used to augment smart-contract applications built on its network.
In a recent announcement, cryptocurrency exchange Binance had said it was launching the CryptoSafe Alliance, a platform to prevent and analyze cryptocurrency fraud in partnership with Oasis Labs, a data privacy company and one of the firms developing the Oasis Network.

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