Chainlink

<ul><li>The tokenized real-estate platform PropyKeys integrates with blockchain Oracle provider Chainlink to offer automated staking rewards.</li><li>The integration aims to simplify real estate tokenization on the blockchain by automating reward distribution using smart contracts.</li><li>The PropyKeys platform is currently live on Coinbase’s layer-2 network Base and is powered by its native token PRO.</li></ul>According to an April 1 <a href="https://propykeys.medium.com/propykeys-integrates-chainlink-automation-to-power-staking-rewards-distribution-003b3c7170b1" rel="noopener noreferrer nofollow">announcement</a>, the tokenized real estate project PropyKeys has successfully integrated with Chainlink Automation. With this integration, PropyKeys will be able to automate the distribution of staking rewards, harnessing Chainlink’s smart contract automation service. The collaboration seeks to refine PropyKey&#39;s user experience by ensuring the seamless and secure execution of rewards.<a href="https://chain.link/automation" rel="noopener noreferrer nofollow">Chainlink Automation&#39;s</a> appeal lies in its decentralized nature, designed explicitly for executing critical on-chain functions essential for smart contracts. This system facilitates automatic operations based on specific schedules or in response to external triggers.Andrew Zapo, COO of PropyKeys, underlined the rationale behind choosing Chainlink Automation, stating:Chainlink is industry-standard tokenized asset infrastructure, which is why using it to power our staking rewards distribution mechanism was an obvious choice.Visit the links below for more information about Cryptotale :<a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">https://www.instagram.com/cryptotalenews/</a><a href="https://www.facebook.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://www.facebook.com/cryptotalemedia</a><a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://twitter.com/cryptotalemedia</a><a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">https://t.me/cryptotale_news</a><a href="https://www.linkedin.com/company/cryptotalemedia/" rel="noopener noreferrer nofollow">https://www.linkedin.com/company/cryptotalemedia/</a><a href="https://cryptotale.org/propykeys-and-chainlink-automation-join-forces-for-real-estate-tokenization/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

PropyKeys and Chainlink Automation Join Forces for Real Estate Tokenization

CryptoTale

Další články publikované 2. 4. 2024

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