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World Mobile and Chainlink reached a strategic technical cooperation
WorldMobile
特邀专栏作者
2022-03-25 11:20
This article is about 2178 words, reading the full article takes about 4 minutes
World Mobile has integrated Chainlink’s Price Feeds on Polygon to help ensure accurate pricing for mobile payments.

World MobileTokenExcited to announce our partnership with the industry-leading decentralized oracle networkChainlinkReach technical cooperation. As a first step in this partnership, World Mobile is integrating on PolygonChainlink's Price Feeds, to help ensure accurate pricing for mobile payments. World Mobile also integratesChainlink Verifiable Random Function (VRF), to use randomness as one of the weights to help fairly select global nodes to handle network services.World MobileAlso actively exploring becoming a Chainlink networkOpportunities for data providers.

The initial integration involves the following Chainlink trading pairs: ADA/USD, GBP/USD, TZN/USD, EUR/USD. One of the main reasons we decided to use ChainlinkPrice Feeds is that they are the most time-tested market data solution in the entire blockchain industry. In fact, the Chainlink oracle network has helped secure tens of billions of dollars in value across more than 1,200 integrations in the smart contract ecosystem.

World Mobile was founded with a profound purpose: to connect everyone, everywhere, while advocating for economic freedom and dignity. Nearly 4 billion people around the world are not connected to mobile networks because the traditional mobile network industry doesn't invest in remote areas; it's not profitable enough, thus leaving half the world's population disconnected from the opportunities mobile networks provide. Unlike traditional mobile networks, World Mobile is based on blockchain technology and sharing economy. Local business owners in unconnected regions can run inexpensive nodes on our network, bringing their community onto the network while sharing the benefits. Global node operators around the world also contribute to the network, and WMT will reward them and their stakers. The World Mobile token powers this network and is used as a utility token in the sharing economy.

To help ensure accurate pricing of mobile payments on our network, we need access to the latest asset prices available directly on-chain in a highly reliable manner. A fair market asset price should reflect a volume-weighted average across all trading environments. Therefore, we need to useOracle networkto fetch aggregated price data off-chain and make it available to our on-chain applications.

After comprehensive consideration, we chose to integrate Chainlink because of its time-tested security. Chainlink offers many great features, including:

  • High-quality data - Chainlink Price Feeds source data from numerous high-quality data aggregators, resulting in price data aggregated from hundreds of exchanges, weighted by volume and cleaned from outliers and suspicious volumes. Chainlink's data aggregation model generates more accurate global market prices that are resistant to API downtime, flash crash outliers, andflash loanand other data manipulation attacks.

  • Secure Node Operators - Chainlink Price Feeds are secured by independent, security-vetted, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with proven reliability records It is a reliable choice even during periods of high gas fees and extreme network congestion.

  • Decentralized network - Chainlink Price Feeds is decentralized at the data source, oracle node, and oracle network levels, providing strong protection against downtime and tampering of data providers or oracle networks.

  • Transparency - Chainlink offers a robust reputation framework and a set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

Micky Watkins, CEO of World Mobile Group, said: "We are delighted to enter into a technical partnership with Chainlink to help bring high-quality pricing data into the World Mobile network." "We look forward to helping Chainlink accelerate its growth into an industry-leading oracle network, and adoption of smart contract-based applications across the telecommunications industry, especially in previously underserved regions."

About Chainlink

About Chainlink

Chainlink is the industry standard for building, accessing and selling the oracle services required for smart contracts on any blockchain.

The Chainlink oracle network provides a way for smart contracts to reliably connect to any external API and leverage secure off-chain computation to enable feature-rich applications. Chainlink currently secures tens of billions of dollars in DeFi, insurance, gaming, and other major industries, and provides global enterprises and leading data providers with a common gateway to all blockchains.

By visiting chain.linklearnlearnMore on Chainlink here.Please contact an expertDiscuss integration further.

About World Mobile Pass

World MobileToken is the token that powers the World Mobile network, the first mobile network built on the blockchain. World MobileToken is a native asset on the Cardano chain and is used as a utility token in the World MobileChain token economy. World MobileChain is a decentralized telecommunications network based on the sharing economy, aiming to enable half of the world's unconnected population to gain Internet access. The main role of World MobileToken is to power the sharing economy at the core of the network. All transactions generated on the network will be rewarded to node operators and pledged users in the form of WMT. Transactions on the network are generated through calls, text messages, streaming media, Internet browsing or through the use of any other value-added services provided by World Mobile services, such as healthcare, insurance, micro-loans, etc.

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