Partnerships and team members

Validation Capital joined Chainlink’s Oracle Network to promote the evolution of smart contracts. The firm looks forward to providing a secure infrastructure that will support Chainlink’s gateway between blockchain and the traditional world.

The Missing Link in Smart Contracts

Smart contracts have the potential to revolutionize the efficiency, cost, and reliability of doing business. However, until data from real world events can be securely communicated on-chain, smart contracts will be limited in their scope and impact.

Ethereum can automatically execute smart contracts, but only if all the information needed for execution is made available on-chain. This is a problem for enterprises and financial institutions that operate legacy systems, which were not designed to communicate with blockchains or within a complex transactional ecosystem.

Chainlink’s Vision

Chainlink recognized this problem early and has designed a decentralized oracle network to allow external data sources, payments systems, and APIs to securely automate the entire life-cycle of a smart contract.

One industry that Chainlink’s technology can enhance is the insurance industry. For instance, Chainlink can connect smart contracts to vehicle sensor data to streamline car insurance. Driving habits such as speed, distance driven, and regular maintenance can be used to automatically trigger reductions in monthly deductibles.

There are innumerable such use cases that will be enabled by Chainlink’s middleware solution.

Good Enough for Google

Chainlink’s recent work with Google will allow smart contract platforms to interoperate with Google’s BigQuery. Now Ethereum developers can create hybrid cloud-blockchain DApps where cloud services are made available on-chain to smart contracts.

Industry Leadership

There is a diverse set of projects that have already announced their plans to use Chainlink’s oracle network such as Web3 Foundation/Polkadot, Hedera Hashgraph, Reserve, Harmony, IOST, Zilliqa and many more.

About Validation Capital

Validation Capital is a tech infrastructure company pioneering Capital-as-a-Service for proof-of-stake and next-generation blockchain projects. Validation Capital provides secure node infrastructure and investment capital to industry-leading cryptonetworks. Validation Capital’s finance team has more than 25 years of capital markets and investing experience from firms including CIBC, BMO, and Moelis. The engineering team brings expertise in cybersecurity, network architecture, and software development from Deloitte and IBM.

Cosmostation will be joining the Chainlink ecosystem as a node operator.

As a node operator and ecosystem tool developer, Cosmostation has been providing enterprise-level validator node infrastructure and user applications for networks that have a significant impact on the blockchain ecosystem.

Cosmostation is a node operator & software provider based in Seoul, South Korea. Cosmostation is a team of 10 developers, engineers, and dreamers united with one objective — to provide a universe full of useful tools and solutions for decentralized platforms and applications.

Cere Network will use Chainlink as an integrated service provider to power turn-key smart contract integrations for its enterprise customers. Cere technology will integrate. Chainlink in the following ways:

Chainlink-powered microservices in Cere Network: Provide the functionality which allows any microservice using Cere Network’s Open Microservices platform to seamlessly integrate with Chainlink’s oracle framework. This provides a powerful interface where all external transactions (API’s, payments, 3rd party data inclusion) can be validated and secured onto the Ethereum blockchain.

Leveraging Cere Network’s distributed data storage solutions so that any smart contract can access or store customer data directly on Cere Network via Chainlink oracles. This allows for any Chainlink/Ethereum powered smart contracts to easily benefit from Cere’s privacy-preserving and securely sharable customer data solutions. This also enables secure data marketplaces deployed on top of Chainlink to be able to offer the secure transfer of such user data.

For businesses that have derivative assets on Ethereum, as well as payment gateways integrated via Chainlink, Cere will provide a set of drop-in microservices for its enterprise clients to settle payments/transfers directly from within Cere’s Open Microservices platform.

About Cere

Cere Network is the first blockchain CRM ecosystem platform optimized for service data integration and collaboration. While most blockchains are simply distributed ledgers, the Cere Blockchain solution captures the entire customer journey on the blockchain and stores key user data such as purchases, achievements, and usage in the user’s wallet. Cere Network is founded by Silicon Valley veterans with 20 years of experience from Amazon, Twitch, and Bebo.

For more information, please visit https://cere.network