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Harmony Protocol integrates Chainlink live on testnet to open up access to off-chain data

Blockchain platform Harmony Protocol integrates Chainlink live on testnet to open up access to off-chain data. Harmony will also dedicate a portion of its fintech grant program to Chainlink-powered Harmony dApps focused on DeFi and cross-border finance.

According to the announcement on August 6, this integration will provide off-chain data resources via Chainlink oracles to users of Harmony, giving developers price feeds and other off-chain data to use in their applications. This move is critical, especially as Harmony draws more of its attention to DeFi applications and cross-border finance.

Stephen Tse, Co-Founder of Harmony said “Increasing utility and decentralization is critical for our long-term success. This integration with Chainlink is key in that journey and we’re so excited to see developers exercise creativity to build DeFi and cross-border finance on Harmony with Chainlink. My vision is to fund hundreds of projects with our generous $7m USD Grant Program.”

Harmony (ONE) is a decentralized blockchain platform. It was built with the purpose of fixing the scalability problem of blockchains that are encountered. Blockchain Harmony promises extremely fast transaction speeds, up to 10 million transactions per second and a delay of only 0.1 seconds. This goes far beyond what a Blockchain can convey at the moment. And it even goes beyond the ambition of platforms that are now considered highly scalable.

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