Monday, October 13, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

After Google Cloud, ThunderCore Announces Collaboration with Chainlink for Oracle Services

by Martina Edvin
June 18, 2019
in News
After Google Cloud, ThunderCore Announces Collaboration with Chainlink for Oracle Services

EVM Compatible blockchain platform ThuderCore want to leverage the secure and seamless oracle services offered by Chainlink to enhance the performance of DApps used by businesses.

On Thursday, June 13, Google Cloud made a big announcement to develop hybrid blockchain/cloud applications in partnership with Ethereum and Oracle service provider Chainlink.

Just a day after on June 14, ThunderCore seized the opportunity to announce its partnership with Chainlink. ThuderCore is an EVM compatible blockchain platform. The platform basically focuses on “supporting developers by creating an ecosystem that enables them to turn their DApps into full-fledged businesses”.

The Chainlink oracles basically act as a gateway between off-chain cloud services and on-chain smart contracts. In the official blog post, ThunderCore’s Peter Abilla writes:

“ThunderCore needs a high quality, reliable oracle service in order for smart contracts deployed on our chain to access necessary off-chain information to trigger certain transactions”.

Transforming Businesses Using Oracles

One of the major roadblocks for businesses to adopt blockchain is currently the lack of interoperability and integration. Note that a majority of businesses have their data stored on the cloud network for easy access and visibility. Although businesses want to leverage the smart contract feature of blockchain and automate their workflows, they still need some input data for the execution of the logic.

Now for a new blockchain network, not all the data is available on-chain. Moreover, sometimes, the smart contracts need to fetch data and inputs from outside the chain like cloud platform. Additionally, the thing about blockchain is that the transactions are immutable and non-reversible. Thus, there needs to be a trustless way while fetching data from outside sources.

This is where Chainlink acts as a middleware offering its oracles services while connecting blockchain and other platforms. The blog post notes:

“We’re excited for this collaboration with Chainlink; having this highly reliable middleware service will be valuable to developers that build on ThunderCore: builders will now have a service that will enable all sorts of new use cases and games”.

The Growing Demand for Chainlink

Chainlink is basically a decentralized oracle network connecting smart contracts with off-chain data-feeds. Leading independent research firms as Gartner has also praised chainlink for their services. The platform is slowly making a name for itself by providing highly reliable and secure oracles.

The recent collaboration with giants like Google itself is a testimony by the progress made by Chainlink, so far. The shoutout by Google has given a huge boost to Chainlink with other players starting to recognize its potential.

Soon after the Google announcement, Chainlink native LINK token price jumped over 70% to hit its all-time high of $1.94. At the press time, each LINK token is trading at $1.71 with a market cap of $598 million.

Related Posts

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

by firstcryptonews
October 13, 2025
0

The upcoming global token launch expands FurGPT’s reach, empowering users and communities to engage in the future of AI-driven companionship....

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

by firstcryptonews
October 8, 2025
0

The new rewards initiative strengthens community participation and fuels long-term growth for FurGPT’s decentralized AI ecosystem. Singapore, SG – October...

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

by firstcryptonews
October 6, 2025
0

The partnership enhances Imagen’s scalability and personalization tools by integrating Google Cloud’s AI and infrastructure services. London, UK – October...

FurGPT (FGPT) Prepares Token Launch to Reshape Decentralized AI Companionship

FurGPT (FGPT) Prepares Token Launch to Reshape Decentralized AI Companionship

by firstcryptonews
October 6, 2025
0

The upcoming FGPT token launch marks a new phase in developing lifelike, adaptive AI companionship within the decentralized ecosystem. Singapore,...

FurGPT Deploys Multimodal AI to Create Natural Interactive Experiences

FurGPT Deploys Multimodal AI to Create Natural Interactive Experiences

by firstcryptonews
October 3, 2025
0

Enhanced multimodal frameworks strengthen FurGPT’s ability to deliver lifelike and intuitive digital companionship. Singapore, SG – October 3, 2025 –...

Crypto App Imagen AI Partners with Google Cloud to Accelerate AI Infrastructure for Decentralized Social

Crypto App Imagen AI Partners with Google Cloud to Accelerate AI Infrastructure for Decentralized Social

by firstcryptonews
October 1, 2025
0

Collaboration aims to enhance performance, reliability, and developer velocity for creator focused applications on Imagen Network. Singapore, SG – October...

Next Post
Bitcoin Price Will Skyrocket in 2021, Here’s Why

Bitcoin Price Will Skyrocket in 2021, Here’s Why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

BACXN: Beyond Traditional Trading, Building a Bridge for the Digital Economy Era

BACXN: Beyond Traditional Trading, Building a Bridge for the Digital Economy Era

4 months ago
AIRONE

Airone Drone Firm Takes NFT Route, Launches 1000 NFTs as a PreSale Ticket For Coin Launch

4 years ago
Crypto Center Exchange Launches: The Future of Secure, High-Performance Crypto Trading

Crypto Center Exchange Launches: The Future of Secure, High-Performance Crypto Trading

9 months ago
ARNO TOKEN

ARNO to Integrate PayPal Payment as it Ties Up With German Agency For Intellectual Property Registration

4 years ago
Flat For Flip (FFF) Intends To Expand European Real Estate Market To Asian Buyers Through NFTs

Flat For Flip (FFF) Intends To Expand European Real Estate Market To Asian Buyers Through NFTs

1 year ago
Atua AI (TUA) Reinvents On-Chain Enterprise Solutions with AI-Driven Resource Optimization for Global Businesses

Atua AI (TUA) Reinvents On-Chain Enterprise Solutions with AI-Driven Resource Optimization for Global Businesses

11 months ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

October 13, 2025

Press Release

SuperTrust Expands Its Real-World Blockchain Ecosystem with Global Community Growth and Multi-Platform Integration

SuperTrust Expands Its Real-World Blockchain Ecosystem with Global Community Growth and Multi-Platform Integration

October 13, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News