The Related Press information company introduced it will be launching its personal Chainlink oracle node to make sure any information from its U.S. newspaper and broadcaster members could be cryptographically verified.
In an Oct. 21 announcement, the Related Press, or AP, said sensible contract builders would have entry to the company’s “financial, sports activities, and race name information” as soon as the node was operational. Based on the AP, it is going to be publishing information on-chain for builders to entry and reference in any related functions, along with offering info on upcoming elections and serving artists working with nonfungible tokens.
“Chainlink know-how is the perfect manner to offer sensible contract builders anyplace on this planet with direct, on-demand entry to AP’s trusted financial, sports activities, and race name information” stated AP director of blockchain and information licensing Dwayne Desaulniers. “Working with Chainlink permits this info to be suitable with any blockchain.”
The AP stated its major cause for the shift to blockchain was “belief,” in that the on-chain information it supplied could be “a publicly accessible, protected and safe report of verified info.” The information company added it will be open to shifting its method primarily based on the response from builders because it saved “a finger on the heart beat of the blockchain economic system.”
This isn’t the information company’s first foray into blockchain know-how. The AP was reportedly focused on exploring methods to safe mental property rights, assist moral journalism, and monitor content material utilization when it partnered with blockchain-based journalism startup Civil in 2018. As well as, the AP published the results of contentious 2020 U.S. presidential election onto the Ethereum and EOS blockchains.