The buzz around this week’s token airdrop from Pyth Network, a blockchain oracle firm that competes with Chainlink, has shed light on a long-simmering battle between companies to bring the nascent digital-asset industry’s infrastructure up to the demands of traditional finance.
JPMorgan and Visa stand out as the latest “TradFi” firms to integrate “decentralized ledger” technology and other crypto concepts into their systems.
Oracle services like Chainlink (LINK) have played a key role in spearheading this merger between the old and the new, allowing blockchains to pull in information – mainly price feeds – from crypto exchanges and other real world data sources.
But
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!