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Protofire Receives Grant to Natively Integrate Chainlink into CeloRemoved

Blog post from Chainlink

Post Details
Company
Date Published
Author
Chainlink
Word Count
797
Company Posts That Month
7
Language
English
Hacker News Points
-
Post removed?
Yes
Summary

The Chainlink Community Grant Program has awarded a grant to Protofire, a blockchain development service provider, to integrate Chainlink oracles with Celo's mobile-first blockchain platform. This integration aims to support hybrid smart contract applications on Celo's global payments infrastructure by incorporating Chainlink Price Feeds, which provide decentralized, tamper-proof financial market data. Protofire will ensure compatibility, testing, deployment, and maintenance of the Chainlink components on Celo, enhancing DeFi applications such as lending, borrowing, and asset management. Celo, a carbon-neutral, Proof-of-Stake blockchain, is designed to empower smartphone users globally by providing decentralized financial services and supports stablecoins like cUSD and cEUR. The grant is expected to boost social impact initiatives on Celo, including projects related to regenerative agriculture and carbon offsetting, by enabling universally connected smart contracts. Protofire's experience with previous native blockchain integrations positions them as a suitable partner for this initiative, aiming to expand Chainlink's reach and empower Celo developers to build globally connected financial infrastructures.

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