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Paralink Partners With Polkalokr to Integrate Token Locking

Published 05/18/2021, 04:32 AM
Updated 05/18/2021, 05:00 AM
Paralink Partners With Polkalokr to Integrate Token Locking

  • Paralink announced a partnership with Polkalokr.
  • The partnership will enable Polkalokr to use Paralink’s multi-chain oracle.

Paralink announced a partnership with Polkalokr. The team said they are pleased to team up with Polkalokr. Polkalokr is a highly customizable escrow for token economics.

Of note, the partnership will enable Polkalokr to use Paralink’s multi-chain oracle. In turn, this will allow the exchange to deliver a more reliable and efficient ecosystem by using real-world data feeds.

To address the partnership, the Paralink team said,

“Today, blockchain applications are limited by the range of use cases they can serve. Without real-world data, blockchains and decentralized services are unable to provide insurance, prediction markets, and other real-world applications. This can be solved by using oracles that retrieve real-world data so that it can be used in such applications”.

In addition, Paralink noted that by using real-world data related to a real-time fee...

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