WEB3

Chainlink Weekly Roundup: Hebys and Two Sigma

by BSC News

October 7, 2022

chain

Chainlink continued its path across Web3 by integrating with NFT search engine Hebys and partnering with Two Sigma Securities for premium market data.

Chainlink Gets Back to Business as Usual

After wrapping up SmartCon 2022 with a plethora of news announcements involving Chainlink across Web3, the oracle network returned to its regular integrations schedule.

The flagship conference gave attendees a comprehensive look at how the world's financial assets are transitioning into the blockchain format.

Now it's time to leave the future of Web3 and get back to the exciting integrations happening now.

In this week's roundup:

Hebys, a Powerful NFT Tracker

Hebys, a search engine and marketplace for Non-Fungible Tokens (NFTs), integrated Chainlink Verifiable Random Function (VRF).

The integration gives Hebys access to a tamper-proof source of randomness needed to fairly distribute NFTs for collections launched on the platform.

“In addition to the fact that Chainlink is a critical service provider in the Web3 ecosystem, the excellent support during the integration process was also an important factor in choosing to use Chainlink VRF,” said Mustafa El Aliwat, CEO of Hebys.
Source

Chainlink VRF provides provably random, tamper-proof, and low-cost randomness for smart contracts. Some of VRF's benefits for developers include:

  • Building better experiences by leveraging random outcomes.
  • Growing their dApp's user base by ensuring fair outcomes.
  • Protecting smart contracts from users, node operators, or malicious actors.
  • Joining hundreds of highly successful projects leveraging VRF.

Two Sigma Securities, Making Markets More Efficient

Trading business Two Sigma Securities joined with Chainlink to bring high-quality market data to the blockchain.

The liquidity provider is contributing data to Chainlink to support multiple smart contract use cases that rely on financial market data aggregation, including swaps, options, and other derivative markets.

“As a market maker and data provider, we believe we can play an important role in helping to cultivate a healthy digital assets ecosystem and we are excited by the value digital assets can bring to the financial marketplace as it evolves,” said Chris Marty, CEO of Two Sigma Securities.
Source

Check out BSC News' weekly roundup to keep up with the latest updates about the smart contract powerhouse.

Last four editions:

What Is Chainlink:

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offer global enterprises and leading data providers a universal gateway to all blockchains.

Where to find Chainlink:

Website | Twitter | Docs | Community

What Is Hebys:

Hebys is a robust and comprehensive NFT Search Engine with multi-chain and cross-chain capabilities, metaverse/marketplace-agnostic browsing, and AI features.

Where to find Hebys:

Website | Twitter

What Is Two Sigma Securities:

Two Sigma Securities is a systematic liquidity provider and trading business. Its goal is to bring together the brightest minds in quantitative research, engineering, and trading to make global financial markets more efficient. Their team trades globally across asset classes, leveraging a high-performance trading system to execute over a billion daily shares.

Where to find Two Sigma Securities:

Website | Twitter

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