HomeNewsSource Network's Web3 Data Management Gets a Boost from Chainlink BUILD Partnership

Source Network’s Web3 Data Management Gets a Boost from Chainlink BUILD Partnership

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  • Source Network teams up with Chainlink’s BUILD program to decentralize Web3 data management.
  • Source will allocate 3% of its native token for Chainlink service providers, fortifying mutual economic benefits.

Source Network: Amplifying Decentralization with Chainlink’s BUILD

Source Network is elated to unveil its collaboration with Chainlink’s renowned BUILD program. This strategic alliance aspires to bolster the expansion of Source Network’s ecosystem and amplify the acceptance of its avant-garde decentralized data management layer. Through this synergistic partnership, Source Network gains elevated access to Chainlink’s paramount oracle services and additional technical support, while reciprocating with network fees and other perks for the Chainlink community and its dedicated service providers.

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Source Network has always held Chainlink in high regard and actively engages within its trailblazing ecosystem. This enhanced support, combined with more secure off-chain services and the energy of Chainlink’s robust community, will indubitably pave the way for broader recognition and adoption of Source Network’s offerings.

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Decentralizing Data: Source Network’s Vision

Source Network was birthed as an agile solution for decentralized applications, furnishing developers with tools to design entirely decentralized applications while preserving users’ data privacy and ownership. Their mission revolves around enabling developers to craft interconnected apps, placing user data ownership and cryptographic security at its core. This philosophy transforms the internet into a realm steered by its architects, with individual empowerment superseding centralized authority, thereby catalyzing the essence of Web3.

Chainlink BUILD’s Role in the Collaboration

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The core incentive behind joining BUILD was to endow developers utilizing the Source Stack with the pinnacle of security and dependability from Chainlink’s oracle infrastructure. This integration grants Source Network a plethora of benefits including, but not limited to, secure and reliable data feeds, verifiable randomness, and first-hand access to Chainlink’s upcoming product launches.

As a gesture of this mutual collaboration, Source Network is dedicating 3% of its native token, OPEN, to Chainlink’s service providers over time. This harmonized economic strategy strengthens the bond between both communities, fostering collaborative growth.

Addo Smajic, Co-Founder of Source Network, voiced his excitement, stating,

“This collaboration with Chainlink BUILD augments our vision of empowering developers with world-class decentralized data management tools, driving innovative Web3 applications. We eagerly await Chainlink’s community’s fervor as we architect a decentralized data future together.”

About Chainlink and Source Network

Chainlink stands as the gold-standard Web3 services platform, bridging the gap between real-world data and blockchains, while Source Network champions off-chain data management, blending cryptographic security and peer-to-peer synchronization to redefine decentralized applications. Both entities, with their individual strengths, are poised to redefine the landscape of Web3 data management.

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Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
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