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Chainlink Weekly Roundup: SWIFT, LUXON, Hacker House and LooksRare
June 13, 2023
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In this edition, we bring you the latest updates and integrations driving innovation within the Chainlink ecosystem.
In this week’s roundup:
- Swift Collaborates With Chainlink.
- LUXON Integrated Chainlink VRF.
- Chainlink announced Hackerhouse.
- LooksRare Integrated Chainklink VRF.
New Partnerships, Integrations, and Hacker House
Welcome to the Chainlink Weekly Round-Up! In a world where decentralized applications are redefining how we interact with technology, Chainlink stands at the forefront as the industry-standard Web3 services platform. With its seamless integration of real-world data and off-chain computation across multiple blockchains, Chainlink empowers developers to create cutting-edge Web3 applications that push the boundaries of innovation.
In this weekly roundup, we'll explore the latest updates, integrations, and highlights from the dynamic world of Chainlink. Let’s get to it:
Swift Collaborates With Chainlink
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has joined forces with Chainlink in a groundbreaking partnership aimed at exploring the integration of blockchain networks within the financial industry. The collaboration centers around utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP) to seamlessly connect the systems of financial institutions with various blockchain networks.
The partnership involves conducting trials with prominent financial institutions such as ANZ, BNP Paribas, Citi, and Lloyds Banking Group. These trials will focus on testing the transfer of tokenized value over both public and private blockchain networks.
The ultimate goal is to demonstrate how SWIFT's infrastructure can facilitate interoperability, enabling the smooth transfer of tokenized assets within public blockchain wallets, between public and permissioned blockchains, and from Ethereum to other public blockchains.
In this innovative collaboration, Chainlink acts as an enterprise abstraction layer, bridging the SWIFT network with the Ethereum Sepolia network. The Cross-Chain Interoperability Protocol developed by Chainlink is crucial in ensuring interoperability between the source and destination blockchains, enabling secure and efficient transfers of tokenized value.
LUXON Integrated Chainlink VRF
LUXON has integrated Chainlink VRF on Polygon to help randomize the minting of NFTs for its beachhead battle game DESPERADO B218.
As a result of integrating the decentralized Oracle network, LUXON has access to an auditable, tamper-proof source of randomness that helps us randomize the minting of NFTs within the SEASON-0 web quest.
The NFTs are exchangeable for packs in DESPERADO B218 for higher-tier NFTs. According to LUXON, this results in an exciting and transparent user experience since users have cryptographically verifiable assurances that the NFT minting process is random.
Hackerhouse by Chainlink
Chainlink has announced the Hacker House at SmartCon 2023, scheduled for Sept. 30 - Oct. 1 in Barcelona.
The event will feature boot camps, workshops, games, advice from industry experts, and more. Whether you are an experienced developer or a beginner, Chainlink invites you to learn from the best.
LooksRare Integrated Chainklink VRF
NFT marketplace LooksRare has integrated Chainlink VRF on Ethereum to select winners for LooksRare raffles. According to LooksRare, Chainlink VRF provides a tamper-proof and auditable source of randomness. LooksRare will use it to determine the winning entries for blue-chip NFTs and LOOKS contests.
Cryptographically, it can prove that every raffle is fair and unbiased. Chainlink VRF combines block data that's still unknown when requests are made and the Oracle node's pre-committed private key to generate both a random number and a cryptographic proof.
Last edition: Chainlink Weekly Roundup: Pacific Meta, Tencent Cloud, Neutra Finance and Gunther's Rich Dog
What Is Chainlink:
Chainlink is the industry standard for building, accessing, and selling Oracle services that power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts 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:
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Lucidao Unveils Bold Rebrand: Pioneering the Tokenization of Real-World Assets
November 27, 2023
The rebranding underscores Lucidao's commitment to bridging real-world assets and blockchain technology.
Decentralized Finance (DeFi) platform Lucidao has recently unveiled its new look alongside a redefined mission. With the launch of a revamped website, Lucidao is taking a significant step towards the tokenization of Real-World Assets (RWAs), strategically positioning itself as a leading force in the intersection of blockchain technology and Real-World Assets.
The core of Lucidao's transformation lies in a strategic shift – a commitment to making the tokenization of RWAs its primary mission. This goes beyond a mere rebrand; it signifies a pivotal moment for the platform, where every innovation and product creation revolves around the tokenization and digitization of real-world assets.
At the forefront of Lucidao's success is Altr, a decentralized application (dApp) that set the stage for bringing physical luxury collectibles onto the blockchain. This initiative, born out of Lucidao's governance process, showcases the vast possibilities within Lucidao's expansive vision for RWAs.
Lucidao's Approach to Empowering Stakeholders
Empowerment is a cornerstone of Lucidao's approach to asset tokenization and digitization. Lucidao token ($LCD) holders aren't just passive investors; they are active contributors shaping the platform's trajectory. This unique governance model transforms each $LCD holder into an engaged participant, with the ability to propose, debate, and enact initiatives, fostering an agile and adaptive environment.
The $LCD token plays a central role in Lucidao's ecosystem, serving as a versatile utility token integral to governance, transaction fees, and participation in Quickswap's liquidity pool farming. Recognizing the importance of community involvement, Lucidao is set to introduce a Fiat onramp on its new website, making it easier for individuals to directly acquire $LCD tokens.
Beyond Luxury Collectibles: Lucidao's Expansive Vision
Lucidao's vision extends far beyond luxury collectibles. While Altr showcased the platform's capabilities, Lucidao aims to be an ecosystem that embraces a wide array of real-world assets on the blockchain. The advantages are manifold, ranging from increased liquidity and fractional ownership to the transparency and immutability inherent in blockchain technology. The new website acts as a comprehensive guide to these transformative initiatives, illustrating Lucidao's commitment to unparalleled innovation and inclusivity.
Lucidao's bold rebrand marks a transformative chapter in the platform’s journey as it establishes itself as a pioneer in the tokenization of Real-World Assets (RWAs). The unveiling of a revamped website symbolizes a strategic commitment, not just to aesthetics, but to a profound shift where every facet of innovation orbits around the digitization of tangible assets. Through empowerment and community involvement, Lucidao propels itself as a catalyst for innovation and inclusivity, setting the stage for an innovative approach to asset management in both digital and physical realms.
About Lucidao
Lucidao is a DAO with a primary focus on the tokenization and digitization of Real-World Assets (RWAs). Originating as an independent entity, Lucidao has given life to projects like Altr through its decentralized governance model. Using the $LCD utility token for all ecosystem interactions, Lucidao is paving the way for a transformative approach to managing assets in both the digital and physical realms, providing not just access but empowerment to community members.
For more information, visit Lucidao's official linktree.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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