Litentry x Paralink

Litentry integrates Paralink’s cross-chain oracle solutions

Litentry is thrilled to collaborate with Paralink and integration to the Litentry Network. The integration of Paralink’s oracles will ensure the data sources obtained by Litentry for identity credit computation is reliable and accurate.

Multi-chain Oracle integration for Identity-based network

Litentry is building a full-scale, decentralized identity-based network and related tools. The platform allows users to collect identities across different platforms and manage them in a mobile app. Based on the identity data, the Litentry Network will compute a verifiable, transparent credit that can be widely adopted in a wide range of use cases.

Paralink will integrate Litentry’s reputation computation services into their validator pool to streamline the curation process. The Paralink oracles will use Litentry’s native token LIT for fees and thus, making it a seamless integration.

Alongside that, this partnership with Paralink will allow Litentry to make use of the former’s multichain oracles. The decentralized oracle will help Litentry obtain reliable data sources for the apps and assets in the platform.

CEO quotes

Paralink’s powerful query language gives more freedom to blockchain teams in indexing and curating on-chain data. Through this partnership, we are one step closer to building a high-performance, functional DID ecosystem. We’re glad that we will provide more reliable and cost-effective DID services to our users.

— Hanwen Cheng, CEO/Founder of Litentry

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