On Monday, Oracle
announced it had selected the initial cohort for a blockchain innovation project with Chainlink. The chosen 20 startups will use the Oracle blockchain and Chainlink’s decentralized oracle network to develop new solutions. This will also help the firms in developing best practices and further the smart contract ecosystem.
Announced in
July, the project invited startups to apply for the chance to work with Oracle’s tech and build smart contract applications. It is jointly run with Chainlink, which acts as secure middleware for smart contracts to access data.
This initial cohort will be API providers to the Chainlink node operators, and will work with third-party APIs including LinkPool and Honeycomb. Oracle hopes that the project will incubate innovative applications and help improve it and Chainlink’s technology.
The first cohort
One of the participants is Swiss blockchain platform
Insolar, which is gearing up to a November 1 mainnet launch. It
announced partnerships with national innovation agencies earlier this month.
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