Hassan Maishera
Chainlink announced via X on Thursday that Telefonica has integrated Chainlink Functions, the market-leading Web3 connectivity solution. This integration will help Telefonica with securely connecting any API on GSMA Open Gateway to Polygon’s PoS blockchain network.
Telefonica explained that this integration enables the verification of data from various sources by using Chainlink Functions with GSMA’s Open Gateway SIM SWAP API. This integration not only enhances transaction security but also introduces an extra layer of security to blockchain transactions by enabling smart contracts to now make information requests to the API, ensuring that a device’s SIM card has not undergone any unauthorized changes.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by less than 1% over the past 24 hours and is trading at $20.027 at press time.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 1% in the last 24 hours and is currently trading at $0.9064.
