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
Karate Combat is a unique experience combining professional martial arts with gaming and Web3 technology. It features a full contact karate league with fighters from various karate styles and, occasionally, other striking-based martial arts, compete in a unique, 6.5m x 6.5m "combat pit" with 45-degree angled walls that promote continuous action.
A hallmark of Karate Combat is its innovative use of technology. Fights are streamed globally and feature immersive CGI environments created with the Unreal Engine, offering a visually distinct experience. The league is deeply integrated with Web3 technologies, and leverages the Hedera blockchain network.
This integration includes the $KARATE token, which allows fans to participate in the "Up Only Gaming" system which rewards users for wins without forcing them to wager tokens. Through a dedicated mobile app, fans vote for fighters, potentially increasing the fighters' prize pools, and earn more $KARATE tokens if their chosen fighters win, without losing tokens for incorrect picks.
Karate Combat’s unique combat system features rules emphasizing exciting, striking-based combat, with three-minute rounds and a scoring system that rewards aggression and effectiveness. It’s known for its fast-paced action, powerful knockouts, and unique presentation.
Intiva Health is an Austin-based company, founded in 2017, developing a career management platform for healthcare professionals. As a parent company to several entities, including Incredable (formerly Ready Doc), Gummi World, and Nova Vita Wellness Centers, Intiva Health is focused on improving the healthcare ecosystem as a whole, from provider credentialing to patient wellness.
The company's core service is a cloud-based platform that automates and streamlines the administrative tasks associated with a medical career. This includes Incredable, a credentialing solution that allows medical professionals to securely store, manage, and share their credentials with healthcare facilities. The platform also offers a HIPAA-compliant secure messaging service and tools for managing continuing education..
Intiva Health uses Hedera's distributed ledger technology to create a secure, tamper-proof, and verifiable record of all credentials and work history. By storing this information on the Hedera network, Intiva Health can provide a single source of truth that can be instantly verified by hospitals and other healthcare facilities, reducing the credentialing process from months to seconds.
DPUB is a decentralised publishing platform that aims to simplify the process of creating and distributing content on the Hedera network. It’s designed to empower creators by providing them with the tools to launch NFTs, create token-gated communities, and manage crowdfunding campaigns and DAOs.
The core of DPUB's service is a user-friendly, no-code platform that allows creators to mint their work as NFTs and build communities around their content. Its features include decentralised auctions and a secondary marketplace, which provide creators with new avenues for monetization and passive income through royalties.
DPUB is built on Hedera and utilises the Hedera Token Service (HTS) for minting and managing all NFTs and other digital assets on the platform as well as the Hedera Consensus Service (HCS) to ensure the fair bidding. By leveraging Hedera's high throughput, low fees, and robust security, DPUB offers a scalable and efficient solution for decentralised publishing and creator monetisation.
Maalexi is an AI-powered B2B marketplace for agricultural products dedicated to helping small and medium-sized businesses trade across borders. With offices in the US, UAE, and India, Maalexi is building a global digital ecosystem for the food and agriculture sector.
The company's platform provides a range of services designed to de-risk and streamline international trade. These include an AI-driven sales engine, AI-powered quality inspections, and "SMART Track & TRACe" for real-time shipment monitoring. Maalexi also offers innovative solutions such as "Warehouse Stock & Sell," where they purchase and store goods, and "Procurement at Origin," which allows buyers to acquire products directly from the source.
Maalexi uses the Hedera Consensus Service to create an immutable and verifiable log of all business transactions and documents. This includes everything from digitally signed legal contracts and invoices to quality and quantity acceptances. By hashing these critical documents and recording them on the Hedera public ledger, Maalexi provides a high degree of security and transparency, which in turn helps to build trust between buyers and sellers.