Chainlink Launches Self-Service Serverless Platform to Connect Decentralized Applications

03/05/2023 04:51 • AI Insights • 97 views

On March 5, Chainlink is launching a self-service serverless platform to help developers connect their decentralized applications (dApps) or smart contracts to any Web 2.0 API. Kemal El Moujahid, chief product officer of Chainlink Labs, told TechCrunch that the new platform Chainlink Functions also allows builders to run customizable computing on the Web 2.0 API in a few minutes through their network.

Chainlink is launching a new platform for developers to build Web3 applications using Web 2.0 APIs such as AWS and Meta

Analysis based on this information:

Chainlink, a decentralized oracle network that provides secure and reliable connections between smart contracts and external data sources, is launching Chainlink Functions, a self-service serverless platform that aims to help developers connect their decentralized applications or smart contracts to any Web 2.0 API. The announcement was made on March 5, as reported in TechCrunch.

According to Kemal El Moujahid, Chief Product Officer of Chainlink Labs, the new platform enables developers to run customizable computing on the Web 2.0 API in a matter of minutes through their network. This means that developers can easily integrate external data sources, such as web applications, databases, and payment systems, into their decentralized applications or smart contracts without having to build and maintain their own infrastructure.

Chainlink Functions provides a user-friendly interface that allows developers to create custom logic or select from pre-built templates for connecting to Web 2.0 APIs. The platform is built on serverless technology, which means that there is no need to manage and scale servers, reducing the costs and complexity of building decentralized applications.

This new platform is a game-changer for blockchain developers who are looking to build decentralized applications that require access to external data sources. With Chainlink Functions, developers can quickly create and deploy smart contracts that execute based on real-world data, enabling more complex and useful decentralized applications.

The launch of Chainlink Functions is a significant milestone for Chainlink, as it further solidifies their position as the leading provider of decentralized oracle solutions. With the platform already integrated with popular blockchain platforms like Ethereum, Binance Smart Chain, and Polkadot, it is expected to gain widespread adoption among developers.

In conclusion, Chainlink’s launch of the self-service serverless platform, Chainlink Functions, is an innovative solution that enables developers to easily integrate Web 2.0 APIs into their decentralized applications or smart contracts. This new platform is expected to be a game-changer for blockchain developers, as it significantly reduces the complexity and costs of building and maintaining infrastructure. With Chainlink leading the way in decentralized oracle solutions, we can expect to see more innovative solutions like Chainlink Functions being developed in the future.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/05/chainlink-launches-self-service-serverless-platform-to-connect-decentralized-applications/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.