The Associated Press announced that it will introduce its own Chainlink oracle node to ensure that all data from US newspapers and their broadcasters is cryptographically verified.
21 announcement, Associated Press, or AP, said smart contract developers will get access to the agency’s “business, sports and racing call data” after this button works. According to the AP, it will publish data on the chain so that developers can access and refer to it in all related applications, in addition to information about upcoming elections and support for artists working in the industry.
“Chainlink technology is the ideal way to give smart contract developers anywhere in the world direct, on-demand access to valuable business, sports and racing call data. The trust of AP,” said Dwayne Desaulniers, Director of Data and Blockchain Licensing at AP. “By working with Chainlink, this information can be compatible with any blockchain.”
The AP says the main reason for moving to blockchain is “trust,” where the on-chain data it provides will be “a verified record of information that is publicly available, secure and protected”. The news agency added that it will be open to changing its approach based on feedback from developers as it remains “on the pulse of the blockchain economy”.
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This isn’t the news agency’s first foray into blockchain technology. AP is reportedly interested in working with blockchain-based journalism startup Civil to explore ways to secure intellectual property rights, support ethical journalism, and track content usage, and AP released the results of the controversial US presidential election 2020. Ethereum and EOS blockchains.