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HBAR Foundation Joins Chainlink Scale Deepens Long-Running Collaboration Between Chainlink and Hedera Ecosystems

October 30, 2024
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HBAR Foundation, which supports the sustainable growth and long-term adoption of the Hedera ecosystem, has joined the Chainlink Scale program. As the first step in this collaboration, Chainlink Data Feeds are now available on the Hedera Testnet. Additionally, Chainlink Data Feeds and Chainlink CCIP are being actively integrated into Hedera, providing developers with the industry-standard services they need to build feature-rich dApps.

The Hedera and Chainlink ecosystems have had a strong relationship since 2021, when Chainlink Labs joined the Hedera Governing Council. Chainlink Labs contributes to Hedera’s decentralized governance not only by operating a node, but also by playing a role in the development, oversight, and operation of the Hedera network. Joining the Chainlink Scale program provides Hedera developers with expanded access to Chainlink’s high-quality oracle services.

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As the most widely adopted data standard in the on-chain ecosystem, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value by maintaining robust security and high availability even in the face of unforeseen events.

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved