zenGate Global Integrates Chainlink Functions and Proof of Reserves

Twitter icon  •  Published 3 weeks ago  •  Hassan Maishera

Chainlink announced via X on Thursday that zenGate Global has integrated Chainlink Functions and Proof of Reserve (PoR) to enhance their international blockchain-based platform for commodities and trade finance.

Chainlink announced via X on Thursday that zenGate Global has integrated Chainlink Functions and Proof of Reserve (PoR) to enhance their international blockchain-based platform for commodities and trade finance. 

The solution will leverage Chainlink’s technology in concert with Ergo and Cardano blockchains, to amplify zenGate’s tokenization and traceability solution: Winter Protocol. The integrations mean that zenGate can now accelerate time-to-market by leveraging Chainlink’s scalable infrastructure when expanding its platform across any blockchain.

They can also build on Chainlink’s battle-tested infrastructure, which provides a track record of reliability and is trusted by the world’s largest financial institutions. Finally, they can connect smart contracts to any data source, ranging from public or password-protected APIs to IoT devices and enterprise systems.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 2% over the past 24 hours and is trading at $14.296 at press time.

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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.