After announcing partnerships with Elrond and Harmony earlier this year, Dusk Network, the leading privacy blockchain for regulated decentralized finance (RegDeFi),announces today its intention to integtate with Chainlink price feed.
Integrating with Chainlink, a secured decentralized oracle network which aims to connect smart contract with data from the real world, will create a passway towards a trustless set-up as Chainlink strives to become blockchain agnostic. The Integration will also enable Dusk based tokens to be responsive to price feed in real-time, enabling synergy assets and a whole host of new applications.
According to Dusk Network, integrating with Chainlink will ” provides the building blocks needed to create secured cross-chain bridges with other blockchains such as Ethereum and Elrond. This will also make Dusk Network become a privacy- layer for the entire blockchain ecosystem. In the future the goal is to enable users of DeFi applications to access privacy preserving DeFi applications. Both solutions rely on an accurate feed of price data, securely provided by Chainlink’s decentralized oracle network.