Wednesday, December 8, 2021
Home Crypto News Market Associated Press (AP) To Utilize Chainlink Smart Contracts To Put Its Journalistic...

Associated Press (AP) To Utilize Chainlink Smart Contracts To Put Its Journalistic Information On Blockchain

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The Associated Press (AP) has historically been known as one of the most reliable sources of news data. This week, the AP has announced that they are launching a Chainlink node to make a variety of different datasets available to leading blockchains.



The AP has continued to be aggressive in utilizing blockchain technology to provide data in the quickest and most reliable way possible.

The move is designed to help developers writing blockchain-based applications implement AP’s data and information through AP’s Chainlink node, which connects the off-blockchain sources to blockchain-based smart contracts. Such information could include financial data, sports data, or election race calls integrated into blockchain-based apps.

“Because AP is such an important source for fact-based and trusted information around the world, we see this as an opportunity to provide blockchain users with data and info they can trust. We believe that blockchain networks are a fundamentally important technology because they not only allow but demand veracity,” wrote Dwayne Desaulniers, AP’s director of blockchain and data licensing, in a statement.

As the AP notes in their press release, this isn’t their first endeavor into crypto and blockchain technology. The company partnered with blockchain-based encyclopedia Everipedia last year to publish U.S. political race calls last year during a fiery election season.

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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