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Inveniam Partners With Accumulate To Make Validated Private Market Asset Data Accessible Via Chainlink

Twitter icon  •  Published 3 years ago on March 15, 2022  •  Hassan Maishera

Iveniam announced via a blog post on Monday that it has partnered with Accumulate, an identity-based blockchain protocol.

Inveniam Partners With Accumulate To Make Validated Private Market Asset Data Accessible Via Chainlink

Iveniam, a platform that maximizes liquidity of private market assets, announced via a blog post on Monday that it has partnered with Accumulate, an identity-based blockchain protocol. 

Using Chainlink’s oracle and oracle node infrastructure, Inveniam said it is making proprietary data for data-rich, low-frequency-traded private assets available to smart contracts on leading blockchains. The Inveniam team added that bringing this validated financial data on-chain unlocks a multitude of private market opportunities for DeFi. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by nearly 2% over the past 24 hours and is trading at $13.01 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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