The cryptocurrency-based prediction platform Polymarket has announced a partnership with Chainlink to enhance the accuracy of its prediction market solutions.
Partnership Goals
The partnership aims to improve the accuracy and speed of asset pricing solutions, with plans to expand into additional markets.
Technological Integration
The partnership will utilize Chainlink Data Feeds that provide low-latency, time-stamped price reports and Chainlink Automation to trigger on-chain payments at predetermined times.
Quote from Chainlink's Co-Founder
Sergey Nazarov, Co-Founder of Chainlink, stated: "Polymarket’s decision to integrate Chainlink’s proven oracle infrastructure is a significant milestone that significantly improves how prediction markets are created and executed."
The partnership between Polymarket and Chainlink promises significant improvements in the field of prediction markets, making them more reliable and accurate.