ChainLink Token (LINKUSD)

[stockvaper]

Solipay Will Launch a Chainlink Node to Provide Consumer Authorized Data to Blockchain dApps

"...Solipay is excited to join Chainlink’s market-leading decentralized oracle network by launching our own official Chainlink node. The Chainlink node serves as secure blockchain middleware that makes our existing APIs compatible with leading blockchain networks, enabling Solipay data to be broadcast into blockchains and sold directly to smart contract applications.

Additionally, the Chainlink node will cryptographically sign all data we supply on blockchains so users and dApps have strong integrity assurances of the data’s origination from Solipay.

The Solipay Chainlink node will make our authorized location data accessible to smart contracts, with future plans to also support Solipay’s collected browsing data and bank transaction data. Solipay only shares data once it’s been authorized by the individual who owns that data, giving consumers choice in how and where their data is shared. Once user authorized, this type of data will be useful in a variety of new smart contract applications, such as confirming users’ geographic regions for KYC compliance or issuing targeted marketing rewards when consumers are in certain locations. Ultimately, there are a variety of ways in which DeFi and other smart contract applications can use consumer data in an authorized, incentivized, and secure manner..."



https://solipay.medium.com/solipay-will-launch-a-chainlink-node-to-provide-consumer-authorized-data-to-blockchain-dapps-774b0071cd3c