Coinbase Cloud, a significant participant in the cryptocurrency market, has announced cooperation with Chainlink, a decentralized oracle network.
Coinbase Cloud wants to promote Web3 by securely fusing smart contracts with actual data by joining the Chainlink Network as a node operator.
The partnership offers considerable potential for the expansion of the multi-chain ecosystem by combining the multi-region infrastructure of Coinbase Cloud with vast knowledge of operating high-performance validators.
Coinbase Cloud aims to provide trustworthy and high-quality data to enable a variety of applications within the Web3 ecosystem by utilizing Chainlink’s decentralized Oracle technology.
The choice made by Coinbase Cloud to become a node operator on the Chainlink Network shows how committed the company is to boosting the decentralized ecosystem’s data transmission efficiency, security, and dependability.