Oracle is making a ‘Virtuous Cycle Of Innovation’ via Blockchain and Chainlink
The blockchain technology is proving to be a great innovation as predicted and it has opened new doors of opportunities to young founders and entrepreneurs.
It is also a new innovation that is proving to be relevant in several aspects of life (engineering, maths, economics, science, etc.)
Blockchain was created along with Bitcoin to give power back to the people. But Bitcoin is not blockchain. Bitcoin is built on the blockchain technology just like other cryptocurrencies and should not be confused with blockchain
As we know, many startups are tapping into the blockchain space and technology, recognizing the power of this technology.
Oracle has joined Enterprises such as Amazon, IBM, and Microsoft venturing into this new promising invention
Oracle, announced its collaboration with Chainlink recently. Oracle, of course, is known worldwide As a prominent software company and now offers enterprise blockchain solutions.
The main goal of this partnership is to help start-ups succeed in blockchain technology, amazing isn’t it?
Chainlink integration with oracle a Virtuous Cycle Of Innovation
Chainlink declared it would begin to work with Oracle and its program termed as Oracle for start-ups a dedicated program for start-ups that partners with innovators and start-ups across the world
The good thing about this is that the standard of the user's technology or location does not matter.
Benefits will include offering mentorship, pricing discounts, and cloud credits, providing accessibility to the company’s customer as well as marketing resources.
The collaboration with Chainlink is one of the many projects Oracle is engaged in. However, this particular project aims to help start-ups sell their data as another revenue stream.
Therefore, all the start-ups that are a part of the Start-Up program of Oracle, will benefit from the Chainlink partnership as it will enable them to acquire more funds with a minimal effort on their part.
find out more information here
https://medium.com/@human55worker/oracles-virtuous-circle-of-innovation-32fd513d2c2d
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