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Chainlink Functions Debuts on Avalanche (AVAX): Details

Published 2023-05-05, 11:55 a/m
© Reuters.  Chainlink Functions Debuts on Avalanche (AVAX): Details
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U.Today - According to a new announcement, Functions is now live on the Avalanche Fuji testnet. Chainlink Functions, a serverless developer platform that enables anyone to quickly connect a smart contract to any Web2 API, allows Web3 and Web2 integrations.

Developers of smart contracts using the Avalanche ecosystem may now quickly integrate Web2 APIs and cloud services into their smart contracts by using Chainlink Functions. This implies that any Web2 API can now be brought onto Avalanche, thanks to Chainlink Functions.

Prior to today, Web3 developers were unable to use their smart contracts to access social media signals, AI computation, messaging services and other services by connecting them to current Web2 APIs.

For the Avalanche ecosystem, the inclusion of Chainlink Functions opens up a wide range of new smart contract use cases since it makes it simpler for developers to connect Web3 apps with Web2 data sources.

Alibaba (NYSE:BABA) Cloud set to enter metaverse on Avalanche

In further big news for , the cloud subsidiary of Chinese tech giant Alibaba is creating a launchpad for enterprises to deploy metaverses on the Avalanche blockchain.

The launchpad, known as Cloudverse, is designed to offer businesses a complete platform to maintain and modify their metaverse spaces as they look for new ways to interact with their clients.

"With Cloudverse, Alibaba Cloud's millions of clients can easily deploy custom metaverses and unlock new dimensions for consumers," Avalanche stated in a tweet.

Per the collaboration, Alibaba Cloud will supply the computing power and storage, and Avalanche will supply the technology for creating the metaverse locations.

This article was originally published on U.Today

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