Ocean Protocol + Chainlink Integration

Oracle Smart Contract Services Meets Decentralized Data Exchange Protocol

Why Chainlink?

We’re proud to be integrating with Chainlink!

The Ocean protocol requires a high-quality, reliable oracle service in order for our smart contract (or keeper contract) to access the necessary off-chain information to trigger certain transactions (such as awarding on-chain contract tokens to people who supply datasets off-chain).

Industry-leaders like Chainlink are a natural choice. By creating a decentralized oracle network for Ocean to securely access off-chain information, there is an added layer of trust and reliability because it does not rely on any one single entity.

Why does this matter?

As a decentralized platform, Ocean cannot rely on the off-chain information source from one single entity to make its decision. For example, Ocean needs to randomly choose a participant to reward tokens, but the method of choosing this recipient should not be controlled by any single person or entity. Otherwise, the Ocean network would be susceptible to being manipulated by attackers.