• Chainlink has launched a new developer platform called Chainlink Functions which allows developers to connect decentralized applications (dApps) with traditional web applications.
• The new platform will include integrations with Meta and Amazon Web Services (AWS) and is currently available in beta on the Polygon Mumbai and Ethereum Sepolia testnets.
• The goal of Chainlink Functions is to enable developers to bridge the gap between Web 3.0 smart contracts and Web 2.0 APIs, allowing for the creation of powerful applications that combine both worlds.
Chainlink Launches New Developer Platform
Decentralized oracle network Chainlink has announced the launch of a new developer platform, christened Chainlink Functions. The platform aims to connect Web 3.0 applications with traditional cloud software.
Features Of Chainlink Functions
Chainlink Functions will include support for integrations with Amazon Web Services (AWS) and Meta. Additionally, builders can also run customizable computations on Web 2.0 API within minutes, according to the Chief Product Officer at Chainlink Labs, Kemal El Moujahid.
Benefits Of Using ChainLink Functions
The new platform will enable blockchain developers to connect their decentralized applications (dApps) or smart contracts with any application programming interface within the traditional tech space without requiring or managing additional cloud infrastructure as stated by Chief Product Officer at Chainlink Labs, Kemal El Moujahid: “Our goal is to enable developers to combine the best of web3 smart contracts with the power of Web 2.0 APIs.”
What Is The Goal Of This Platform?
According to Chainlink, their goal behind launching this new developer platform is so that it can complement its already existing Oracle service, allowing for mass adoption by bridging two ecosystems together -Web 3.0 smart contracts and Web 2.0 APIs- as mentioned by Kemal El Moujahid: “With the launch of Chainlink Functions, we are removing a major roadblock in the adoption of web3 and making it easier than ever for developers to combine smart contracts with the powerful APIs and web2 data sources they need to build amazing applications.”
Conclusion
Overall, this move marks another milestone achieved by chain link in its journey towards facilitating mass adoption through its decentralised oracle network which has facilitated over $7 trillion in value since its inception..