Chainlink, the leading smart contract oracle network, announces partnerships with ChainML machine learning and metaverse project LandVault.
Chainlink for decentralized machine learning, building metaverses
The crypto market is changing, but Chainlink is growing steadily across all industry sectors. This week, the dominant smart contract oral network announced partnerships with a decentralized machine learning protocol and a project focused on growing Web3 Metaverse applications.
In this week’s summary:
AI, machine learning
ChainML, which builds a decentralized computing protocol for AI and machine learning for Web3, joins the Chainlink BUILD program.
We are delighted to announce that we have joined the @chain link #TO BUILD program – our partnership will bring decentralized AI/ML to the Chainlink community and benefit from Chainlink’s technology and innovation: https://t.co/fmlSTCepQo
— ChainML (@chainml_) November 17, 2022
AI and machine learning models could be applied to Web3 utilities, including credit scoring, risk management, and trade management in decentralized finance (DeFi), as well as more sophisticated recommendation engines and Fraud detection in games, NFT marketplaces and social apps.
“We are excited to join Chainlink BUILD, which will help accelerate the adoption of decentralized machine learning in the industry. Chainlink services are essential to developing a powerful yet decentralized protocol, and we look forward to continued collaboration with the Chainlink ecosystem. Ultimately, we aim to develop new AI and machine learning models that drive Web3 innovation forward,” said ChainML Founder and CEO Ron Bodkin in a blog post.
ChainML has committed 5% of the protocol token supply to Chainlink service providers in exchange for enhanced functionality, support and other benefits, including integration of Chainlink Automation.
ChainML becomes one of the first 10 projects to join the Chainlink BUILD program.
Welcome the top 10 #Chain link BUILD projects:@SpaceandTimeDB@truffle@bitsCrunch@KryptonProtocol@InterestDeFi@Galaxisxyz@mycelium_xyz@Dolomite_io@caskprotocol@chainml_
Building the future of Web3? Take your dApp to the next level: https://t.co/uIUNQltMbO pic.twitter.com/29oCUSQFVP
—Chainlink (@chainlink) November 18, 2022
LandVault, which bills itself as the largest real estate company in the Metaverse, has established a distribution partnership with Chainlink to accelerate the growth and adoption of the Metaverse.
We are pleased to announce that LandVault and @chain link have formed a distribution partnership to accelerate the growth of web3 metaverse experiences.
Read the announcement: https://t.co/zaxHgLx1sI pic.twitter.com/7VP8cJ264y
— The LandVault (@TheLandVault) November 18, 2022
The LandVault team has built over 100 million square feet of Metaverse real estate on platforms such as Sandbox and Decentraland for brands such as MasterCard, L’Oréal and Heineken.
“Chainlink plays a vital role in the most widely adopted Web3 verticals, including NFTs and metaverse applications. We are excited to accelerate the adoption of Chainlink by introducing its world-class oracle services to our network of customers and partners,” LandVault CEO Sam Huber said in a blog post.
Through this partnership, Chainlink will support the infrastructure and development of new ecosystem projects, while LandVault will provide technical support and consulting services to Metaverse projects that need Chainlink services.
“We are excited to partner with LandVault to help integrate Web2 and Web3 projects with the oracle services and tools they need to bring new metaverse experiences to life,” said Kate Lane, Marketplace & Data Partnerships Manager at Chainlink. Labs.
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What is Chainlink:
Chainlink is the industry standard for creating, 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 to enable feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming and other major industries and provide global enterprises and major data providers with a universal gateway to all blockchains.
Where to find Chainlink:
Website | Twitter | Papers | Community
#Chainlink #Weekly #Recap #ChainML #LandVault