Oracle has selected the first 20 startups for the blockchain project with Chainlink

Oracle has selected the first 20 startups for the blockchain project with Chainlink - oracle

Oracle has selected the initial audience that will be used in a blockchain project with Chainlink. The 20 startups that have been chosen will use the Oracle blockchain and Chainlink's decentralized network in order to develop new and innovative solutions. The companies in question will also have a return in terms of developing best practices and promoting a more reliable ecosystem for their smart contracts.
Oracle's announcement is a new step towards that project that was announced in July, when the startups were invited to advance the application to participate in a partnership with the company aimed at creating applications for smart contracts jointly managed with Chainlink, which has the task of acting as a secure middleware for secure access to data.
Initial suppliers will be attended by API providers for Chainlink node operators and the network will work with third-party APIs, among which LinkPool e Honeycomb.

Who are the participants

Among the participants in the first block the platform is noted blockchain Switzerland Insolar, engaged in the launch phase of MainNet and which has already announced the launch of partnerships with national innovation agencies at the beginning of this month.
The cash flow management company is dedicated to interoperability and usability CashPundit, specialized in automated notifications and forecasts, while the Fintech startup Crowdz is creating an all-in-one billing platform in collaboration with Barclays and boasts a collaboration with Quant in the multi-chain network Overledger.
Agropacking Solutions in turn provides technology for traceability to agricultural sector, aimed at avoiding fraud and illegal use of pesticides that continue to cause it.
In the agricultural sector it also moves LotsApp, which certifies agricultural materials for supply chain applications, while the Brazilian partner Gravel Coin it is proposed to tokenize the gravel for the building.
MaxCentive uses the blockchain in its platform to manage payments, commissions, loyalty benefits and employee compensation. The system created integrates with an accounting software and includes a digital wallet.
To sustainability in the use of clothing is dedicated then Monochain, a peer to peer market that uses the blockchain in the issuance of property certificates. The German company aims with its work to bring transparency in the clothing sector through a system based on Hyperledger Fabric.
WorldLaw uses cryptographic signatures to digitally manage legal evidence and complaints, as well as a payment system that leverages integration with Ethereum, while Insurtech DriveOn turns its attention to automotive insurers, proposing a platform focused on intelligent analysis of driving behavior.

Technology companies

Instead, the remaining companies are to be entered in the technology sector, starting from bluField, startup operating in the Internet of Things (IoT), which uses Bluetooth to create interconnected beacon networks.
Finally, they should be mentioned:
- the British Constellation which allows customers to link their business to the smart contracts economy;
- CyNation, also a British company, a cwber-security company known for an automated risk assessment platform aimed at supply chains;
- AtCash, a network of trust networks for sharing data, for example, compliant with the KYC or AML laws;
- North East, a company that offers a decentralized infrastructure, consulting services and smart contracts;
- Future Tech Snapper, an Indian company focused on the Internet of Value (IoV), which has already been noted for blockchain solutions in healthcare, large-scale distribution and e-governance.