Alongside Integrates Chainlink Proof of Reserve

Twitter icon  •  Published 11ヶ月前  •  Hassan Maishera

Chainlink announced via Twitter on Thursday that Alongside, a platform enabling broad-based exposure to the crypto market in a single token (AMKT), is using Chainlink Proof of Reserve on Polygon mainnet.

Chainlink announced via Twitter on Thursday that Alongside, a platform enabling broad-based exposure to the crypto market in a single token (AMKT), is using Chainlink Proof of Reserve on Polygon mainnet. Integrating the Chainlink Proof of Reserve helps enable Alongside transparently verify the asset reserves underlying AMKT, which track the top 25 assets in the crypto space, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 5% over the past 24 hours and is trading at $7.645 at press time.

Author

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.