The Chainlink team announced via Twitter on Tuesday that Uno Re has integrated Chainlink Price Feeds on Ethereum. Uno Re is a decentralized insurance and reinsurance platform. Price Feeds provide accurate market data for Uno Re's Single-Sided Insurance Pool and help calculate the total available coverage capacity. The integration allows Uno Re’s smart contracts to retrieve the latest price data for ETH in a decentralized manner, the Uno Re 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 more than 1% over the past 24 hours and is trading at $7.58 at press time.