Company
Date Published
Author
Chainlink
Word count
687
Language
English
Hacker News points
None

Summary

The Chainlink Community Grant Program has awarded a grant to blockchain development firm Qubistry to integrate Chainlink's Off-Chain Reporting (OCR) technology into the RSK platform, which is a Bitcoin-based smart contract protocol. This integration will enable the development of hybrid smart contracts on RSK, allowing developers to create decentralized applications across various industries, including DeFi, gaming, and NFTs. The grant also supports the implementation of Chainlink's OCR-based Price Feeds, which provide precise financial market data for DeFi applications on RSK. Qubistry, which has extensive experience with blockchain ecosystems and the Chainlink software stack, will ensure the compatibility and deployment of Chainlink components on the RSK network. As the DeFi market on Bitcoin expands, this collaboration aims to enhance the accessibility and functionality of smart contracts by utilizing secure and reliable real-world data sources. The Chainlink Community Grant Program continues to empower development teams, researchers, and social impact projects to advance the creation of universally connected smart contracts and secure oracle networks.