Chainlink is a decentralized oracle network connecting smart contracts on various blockchains with real-world data, events, and off-chain computation. Its fundamental purpose is to enable hybrid smart contracts by providing them with secure and reliable access to external resources, thereby bridging the gap between on-chain and off-chain environments. Chainlink is recognized as an industry standard for building, accessing, and selling oracle services.
The platform offers a comprehensive suite of services to developers and enterprises. These include “Chainlink Price Feeds,” which deliver accurate and tamper-proof financial market data to DeFi applications, “Chainlink VRF” (verifiable random function) for generating provably fair randomness essential for NFTs and blockchain gaming, and “Chainlink Automation,” which provides decentralized and reliable smart contract automation. Furthermore, “Chainlink Functions” allow smart contracts to connect to any external API and run custom computations, while the cross-chain interoperability protocol (CCIP) facilitates secure data and token transfers across different blockchain networks. Chainlink Proof of Reserve offers automated verification of on-chain and off-chain reserves.
Project Information
Related Projects
Coming soon..
Buidler Labs is a software development and consulting company that specializes in building solutions on the Hedera network. It creates tools and infrastructure for developers to build and deploy decentralized applications (dApps) on Hedera, with a focus on enhancing the user experience and driving adoption of the ecosystem.
The firm's products include open-source libraries, hashgraph-react-wallets, and lightweight library that simplifies the process of connecting dApps to various Hedera-supported wallets such as Hashpack and Kabila. It also offers the Hedera Strato JS SDK, which provides a comprehensive toolkit for JavaScript developers. In addition to these developer-focused tools, Buidler Labs provides consulting services to help businesses design, build, and launch their own Hedera-based applications.
Buidler Labs’ work is aimed at lowering the barrier to entry for building on Hedera, particularly for developers who may be more familiar with Ethereum-based tools. Buidler Labs is a key player in expanding the developer base and the overall capabilities of the Hedera network.
EarthID is a UK-based company founded in 2018 that has developed a decentralised identity and verifiable credentials platform. The company's mission is to combat identity fraud, enhance data privacy, and build customer trust in an increasingly digital world.
The core of EarthID's service is a platform that enables organizations to issue and verify digital credentials in a secure and frictionless manner. This includes solutions for Digital KYC, which streamlines customer onboarding, and passwordless authentication, which enhances security by removing the need for traditional passwords. The platform is designed to be compliant with global data regulations including GDPR.
EarthID's platform is built on the Hedera network and uses the Hedera Consensus Service (HCS) to create an immutable and auditable log of all identity-related transactions, ensuring a high level of trust and transparency. The integration with Hedera is fundamental to EarthID's ability to offer a scalable and secure decentralised identity solution that can be used by organizations and individuals around the world.
.png)
Safe Health Systems is a digital health and connected diagnostics company. In collaboration with Mayo Clinic, Safe Health developed the SAFE platform. The company's mission is to empower individuals, private-sector organizations, and governments with technology that facilitates decentralized care models and improves patient outcomes on a large scale.
The company provides a comprehensive Connected Care Platform that enables the rapid deployment of specialized digital health applications. Key services include integrated at-home and point-of-care diagnostic testing, remote patient monitoring, and telehealth experiences. The platform is designed for interoperability, allowing it to connect with and integrate siloed health data from various systems, including Electronic Health Records (EHRs). Safe Health also developed HealthCheck, a smartphone and desktop app.
The company utilizes the Hedera Consensus Service (HCS) to create an immutable and verifiable log of patient information and unique health identifiers. This integration allows Safe Health to provide a high level of trust and data integrity for all stakeholders. By logging events and health records on the Hedera network, Safe Health can cryptographically prove the authenticity of data in real-time while preserving patient privacy, meeting regulatory compliance standards like HIPAA, and ensuring a secure foundation for its digital health solutions.