Bodhi Prediction Market to use Chainlink oracle

At the start of 2019, we officially announced the project to the public: Naka, a blockchain fully compatible with Ethereum. We are building a blockchain that not only provides general-purpose functions but also benefits all users of the application layers. Before we worked on Naka, our team built an entire ecosystem that includes the Bodhi prediction market DApp, the Bodhi Web, and the Qrypto extension.

These previous development experiences have been invaluable to us. We understand the challenges and issues faced by blockchain Dapp developers. The Bodhi prediction market launched on Qtum Mainnet nearly one year ago and has been running smoothly with our Proof of Agreement arbitration mechanism. However currently, this mechanism is purely manual. In the next step, the Bodhi Prediction Market will integrate Chainlink oracles to connect automatically with data feeds to improve the efficiency of the Bodhi prediction market and bring the Bodhi prediction market to mass adoption.

Naka Chain to use Chainlink oracles for its platform’s DApps

We will also incorporate Chainlink into the Naka Chain so that the two networks can communicate with each other. Working with Chainlink is a big step for Naka towards architecting full-fledged DApps and bringing the blockchain ecosystem to the next generation.

About Chainlink

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to both large enterprises (SWIFT) and leading smart contract development teams.

Start your own Chainlink by visiting their website. To learn more about Chainlink’s latest developments, join them on Telegram or Twitter.