Decentralized financial application platform AVA Labs announced its integration with Chainlink’s price and data oracles on Tuesday. As per the official tweet, the integration will empower the NextGen financial applications and will allow developers to cut time on development and launch DeFi dApps directly.
A Medium post shared by AVA stated that the integration would also facilitate the migration of traditional financial assets on the AVA Network. It further added,
Chainlink is one of the major decentralized oracle networks and enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. It provides highly secure and reliable oracles to biggies like Google, Oracle, SWIFT, etc. On the other hand, AVA Labs aims to develop decentralized financial applications, with highly scalable and efficient networks, customizable public and private blockchains, the capability to create any digital asset, and more.