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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.

By Jaspreet Kalra
AccessTimeIconAug 29, 2020 at 2:00 p.m. UTC
Updated Sep 14, 2021 at 9:49 a.m. UTC
(LuckyStep/Shutterstock)
(LuckyStep/Shutterstock)
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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.

Read more: Binance and Oasis Labs Launch Alliance to Combat Crypto Fraud and Hacks

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