TMCnet News
TP-ICAP Is Supplying High-Quality Forex Data to Blockchains Through ChainlinkSAN FRANCISCO, Feb. 9, 2023 /PRNewswire/ -- TP ICAP, a leading electronic market infrastructure and information provider, and Chainlink Labs, the leading Web3 services platform, today announced that TP ICAP has joined the Chainlink Network to bring high-quality forex data to the blockchain ecosystem, with the ability to support 960+ pairs. This forex data is being contributed to Chainlink decentralized oracle networks (DONs) by Parameta Solutions, TP ICAP's data and analytics division, and will support the generation of tamper-resistant oracle reports. With this data now available on-chain, Web3 developers can access TP ICAP's proprietary foreign exchange market data to build a variety of secure smart contract applications. This news is the latest example of TP ICAP's increased focus in blockchain, following its recent launch of Fusion Digital Assets, a wholesale marketplace for spot cryptoassets. Using Chainlink to deliver a broad range of forex pricing data enables TP ICAP to expand its coverage and provide the Web3 ecosystem with the fundamental building blocks it needs to create robust and decentralized fiancial market infrastructure. With over 5 billion data points already delivered to applications across Web3's most prominent blockchain environments, Chainlink makes TP ICAP's forex pricing data available to the widest net of developers possible through aggregated Chainlink Price Feeds. Chainlink is a simple and future-proof solution that enables data providers to enter Web3, offering the following features:
"Historically, Web3 innovation has been fueled by the introduction of high-quality market data from premium data providers such as TP ICAP," said Yaser Jazouane, Head of Data Products at Chainlink Labs. "The addition of TP ICAP's institutional-grade forex pricing data to Chainlink helps enhance the security, accuracy, and utility of blockchain applications." "The innovation of blockchains and cryptocurrencies has catalysed a whole new breed of distributed systems that need access to reliable real-world information, and Chainlink is currently the leading oracle service provider for the on-chain ecosystem," said Rhys Spencer, Head of APAC Sales of Parameta Solutions. "Parameta Solutions recognises this global requirement and is well positioned to be part of what could be a generational upgrade to market infrastructure and data solutions." About Chainlink Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert. About TP ICAP
View original content to download multimedia:https://www.prnewswire.com/news-releases/tp-icap-is-supplying-high-quality-forex-data-to-blockchains-through-chainlink-301743120.html SOURCE Chainlink |