AWS Marketplace Integrates Chainlink Data Standards for Smart Contracts

LINK-0.59%

AWS Marketplace is integrating Chainlink’s data standards and services, enabling developers and enterprises to combine AWS compute, storage, database, and API infrastructure with smart contract capabilities, according to an announcement on Friday. AWS users will now be able to access three key Chainlink services: Data Feeds, Data Streams, and Proof of Reserve.

Chainlink Services Overview

Data Feeds provides access to decentralized price and market data for valuations, settlements, and risk management. Data Streams is used to feed high-speed, low-latency data for real-time applications. Proof of Reserve is a crypto industry standard for attesting to the assets backing stablecoins and tokenized assets.

AWS and Chainlink Integration Benefits

Simon Goldberg, an AWS web3 specialist solutions architect, stated: “AWS provides the foundational building blocks that financial institutions rely on, including compute, storage, and a comprehensive suite of cloud services. Chainlink’s oracle infrastructure extends these capabilities by providing secure, bidirectional connectivity between AWS resources and smart contracts deployed on blockchain networks.”

Goldberg added: “The availability of the Chainlink data standard on the AWS Marketplace allows developers to use familiar AWS services when building applications that interact with tokenized assets and smart contracts.”

Tokenization Trend and Market Context

The move comes amid rising interest in tokenization, the process of representing real-world assets like real estate, bonds, and stocks onchain. Chainlink is one of the primary blockchain data services firms that links offchain data to blockchain applications using oracles, enabling tokenized assets to correspond to their real-world counterparts.

Oracle Market Competition

Competition among oracles is rising. On Wednesday, Kalshi announced it was integrating blockchain data services provider Pyth to provide data for the prediction market’s Commodities Hub. Meanwhile, major data producers such as FTSE Russell, Deutsche Börse, S&P Global, and Coinbase signed deals to feed data to Chainlink’s DataLink, which could be used to support tokenized products.

AWS’s Chainlink integration will allow institutions to use familiar AWS tools while connecting securely to blockchains and building hybrid applications that span traditional cloud and decentralized systems.

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Lime-ColoredStop-LossLinevip
· 04-28 23:50
Wow, this is a serious signal that major established companies are entering the market.
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RugProofRitavip
· 04-28 06:46
May I ask which three items specifically make up the "three key chains"…? Are they Feeds, CCIP, VRF, or something similar?
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AirdropSideQuestvip
· 04-26 15:49
This is very developer-friendly: directly access data standards and oracle services in the cloud, no need to hassle with a bunch of integrations.
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StardustUnderTheGlassDomevip
· 04-26 03:40
It seems that integrating Web2's computing and storage APIs with Web3's smart contract capabilities will make the use cases clearer.
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SushiAndSlugsvip
· 04-26 01:45
Positive news for LINK narrative, but more importantly, whether it can bring real usage.
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CAMPEAOvip
· 04-26 01:41
Let's make history this year
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LiderVitriavip
· 04-26 01:35
Let's make history
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Ari97vip
· 04-26 01:09
To The Moon 🌕
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GateUser-45bb0effvip
· 04-26 01:08
Finally, it's not about "telling stories," but about embedding the toolchain into the company's most commonly used procurement channels.
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OnchainComplainervip
· 04-26 00:39
Finally, it's not about "telling stories," but about embedding the toolchain into the company's most commonly used procurement channels.
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