Soneium Joins Chainlink’s Scale Program for Enhanced Blockchain Integration
On September 12, Soneium, an Ethereum Layer-2 network, announced its participation in Chainlink’s Scale Program through a statement released to CryptoSlate.
What’s New for Soneium Users?
This collaboration allows the Minato Testnet of Soneium to utilize Chainlink’s Data Feeds, alongside integrating the Oracle network’s Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain infrastructure.
Benefits of Chainlink’s Data Feeds
- Provides decentralized off-chain data.
- Supports smart contract applications, especially in the DeFi sector.
- Enhances the overall functionality and reliability of decentralized applications (dApps).
Boosting Interoperability with CCIP
The integration of CCIP is set to facilitate seamless interoperability between Soneium and other blockchain networks, promoting a smoother integration of Web3 and traditional systems. Over the past year, significant adoption of this technology has been witnessed, with major institutions such as Wemade, a South Korean gaming giant, leading the way.
Quotes from Soneium’s Leadership
Soneium stated:
“With Chainlink’s proven infrastructure (having powered over $15T in transaction value), we’re ensuring that Soneium Minato can handle high traffic, support complex apps, and provide smooth onboarding for everyone.”
The Impact of Soneium’s Launch
This announcement follows the recent launch of Soneium by Sony Block Solution Labs, aimed at delivering Web3 solutions to Sony’s extensive user base. Soneium is geared towards solving real-world issues while advancing the adoption of blockchain technology.
Supporting Blockchain Developers with Chainlink
The Chainlink Scale initiative is focused on bolstering blockchain and Layer 2 ecosystems. It aims to provide affordable access to high-quality Oracle services, with the vision that these dApp user fees can ultimately sustain the ecosystem’s growth.
Leadership Insights
Jun Watanabe, Chairman of Sony Block Solutions Labs, emphasized:
“Chainlink’s industry-standard infrastructure ensures that we’re providing the best possible experience for the Soneium ecosystem.”
Additionally, Johann Eid, Chief Business Officer of Chainlink Labs, expressed excitement about the partnership, stating that the launch of Soneium positions it favorably to lead the transformation of Web2 through Chainlink’s CCIP as a key cross-chain solution.
Market Implications
As of the latest data from CryptoSlate, Chainlink’s LINK token experienced a 2% increase in the past 24 hours, trading at $10.55.
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