AWS Marketplace Integrates Chainlink Data Standards for Smart Contracts

LINK-0.08%

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.

Three Chainlink Services Now Available

AWS users will now be able to access three key Chainlink services:

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

AWS and Chainlink Partnership Rationale

Simon Goldberg, an AWS web3 specialist solutions architect, explained the integration in a statement: “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 and Oracle Competition 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.

Competition among oracle providers is intensifying. On Wednesday, prediction market Kalshi announced integration with blockchain data services provider Pyth to provide data for its Commodities Hub. Additionally, major data producers including FTSE Russell, Deutsche Börse, S&P Global, and Coinbase have signed deals to feed data to Chainlink’s DataLink, which could support tokenized products.

Institutional Use Cases

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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
On-ChainCheatSheetKingvip
· 04-27 21:04
It's like connecting Web2 infrastructure directly to the Web3 execution layer, making the development process shorter.
View OriginalReply0
GateUser-1c5ab2b5vip
· 04-26 14:22
This wave can be considered the official integration of cloud providers and oracles.
View OriginalReply0
GateUser-21ddf7c7vip
· 04-26 10:48
It's quite crucial: integrating data standards into the AWS ecosystem makes it easier to ensure compliance of contract data sources.
View OriginalReply0
RugpullTherapistvip
· 04-26 09:26
What are the three specific services? Is it CCIP/Automation/Functions or Data Feeds?
View OriginalReply0
GateUser-7afc57aevip
· 04-26 09:24
DYOR 🤓
Reply0
GateUser-7afc57aevip
· 04-26 09:24
DYOR 🤓
Reply0
ColdWalletFitnessCoachvip
· 04-26 09:20
Listing Chainlink services on AWS Marketplace will significantly speed up enterprise adoption.
View OriginalReply0
FoldedPrivateKeyvip
· 04-26 09:19
If one-click activation and pay-as-you-go billing are available, it would directly maximize friendliness toward traditional companies.
View OriginalReply0
LimeLeverageAlertvip
· 04-26 09:09
It feels like using smart contracts to "de-risk" for enterprises: leveraging familiar AWS + mature Chainlink.
View OriginalReply0
L2Sprintervip
· 04-26 09:08
Hopefully, it's not just a Marketplace listing; it would be better to have a reference architecture and a one-stop template, otherwise integration will still be a hassle.
View OriginalReply0
View More