Back to News

Matrixdock Integrates Chainlink Proof Of Reserve

Twitter icon  •  Published il y a 9 mois  •  Hassan Maishera

Chainlink announced via Twitter on Wednesday that Matrixdock, the sub-divisional brand of the Matrixport Group, has successfully integrated the Chainlink Proof of Reserve (PoR) on the Ethereum mainnet.

Chainlink announced via Twitter on Wednesday that Matrixdock, the sub-divisional brand of the Matrixport Group, has successfully integrated the Chainlink Proof of Reserve (PoR) on the Ethereum mainnet.

With Chainlink PoR, Matrixdock can now provide an unprecedented level of transparency to its flagship Short-term Treasury Bill token (“STBT”). By leveraging Chainlink PoR, Matrixdock can help ensure that their tokenized T-Bills offering is sufficiently backed by U.S. Treasury securities, giving investors peace of mind and confidence in their investments.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 7% over the past 24 hours and is trading at $7.974 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.