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Chainlink Labs Enter A Strategic Partnership With Vodafone DAB

Twitter icon  •  Published 6ヶ月前  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Tuesday that Chainlink Labs has entered into a strategic partnership with Vodafone’s Digital Asset Broker (DAB).

Chainlink announced via X (formerly Twitter) on Tuesday that Chainlink Labs has entered into a strategic partnership with Vodafone’s Digital Asset Broker (DAB). Through their collaboration, Sumitomo Corporation and InnoWave used Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with DAB to provide security and interoperability across IoT devices at the edge of a network.

The use of Chainlink’s CCIP has the potential to provide a single simple interface that enables applications to securely exchange data and tokens across both public and private blockchain networks, as well as IoT networks. The companies will continue to explore the viability of global trade applications benefiting from DAB’s Economy of Things (EoT) platform, the Vodafone 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 13% over the past 24 hours and is trading at $11.491 at press time.

 

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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.