The Associated Press information company introduced it will be launching its personal Chainlink oracle node to guarantee any data from its U.S. newspaper and broadcaster members can be cryptographically verified.
In an Oct. 21 announcement, the Associated Press, or AP, said sensible contract builders would have entry to the company’s “economic, sports, and race call data” as soon as the node was operational. According to the AP, it is going to be publishing data on-chain for builders to entry and reference in any related functions, as well as to offering data on upcoming elections and serving artists working with nonfungible tokens.
“Chainlink technology is the ideal way to provide smart contract developers anywhere in the world with direct, on-demand access to AP’s trusted economic, sports, and race call data” mentioned AP director of blockchain and data licensing Dwayne Desaulniers. “Working with Chainlink allows this information to be compatible with any blockchain.”
The AP mentioned its major motive for the shift to blockchain was “trust,” in that the on-chain data it supplied can be “a publicly accessible, safe and secure record of verified information.” The information company added it will be open to shifting its method primarily based on the response from builders because it stored “a finger on the pulse of the blockchain economy.”
This is not the information company’s first foray into blockchain expertise. The AP was reportedly concerned about exploring methods to safe mental property rights, assist moral journalism, and observe content material utilization when it partnered with blockchain-based journalism startup Civil in 2018. In addition, the AP published the results of contentious 2020 U.S. presidential election onto the Ethereum and EOS blockchains.