Coinbase Cloud, the crypto exchange’s cloud services arm, recently announced a partnership with Chainlink Network to expand its presence in the decentralized sphere.
As part of the collaboration, Coinbase Cloud will serve as a node operator, contributing its extensive experience and infrastructure to the Chainlink Network. This strategic partnership is expected to boost the multi-chain ecosystem by delivering high-quality data for Web3 applications.
Chainlink Network is renowned as a leading oracle solution and Web3 services platform. It forms a crucial bridge between blockchain-based smart contracts and external data and systems, seamlessly connecting the evolving Web3 and the traditional Web2 worlds. Chainlink’s decentralized oracle networks (DONs) source, format, and deliver real-world data to smart contracts, thereby significantly enhancing the transparency and efficiency of on-chain economies.
To date, the Chainlink Network has been a key enabler of a significant amount of economi
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