A new channel cooperation between DWF Labs and Chainlink Labs, with a clear aim to construct a world powered by truth, arises as the Web3 industry rebounds from the most recent crypto debacle. This channel alliance is planned to further grow and improve the Web3 ecosystem by utilising rigorous academic research and a keen user-centric emphasis to empower adoption of smart contract innovation, giving more businesses a universal gateway to all blockchains.

Chainlink Labs and DWF Labs Form a Channel Partnership to Promote Web3 in Korea

Harvey Kim, DWF Labs’ Head of Regional Sales, expressed his excitement about the partnership. He continues, “This comes at a critical moment, particularly as the Web3 market is experiencing rapid innovation. We think DWF Labs and Chainlink Labs can help the fearless entrepreneurs who are establishing the bar for the entire sector.

Chainlink Labs has made a name for itself in the emerging field of DeFi over the past four years. DeFi is a collection of decentralised applications that operate on several blockchain networks and enable traders to borrow, lend, and trade crypto assets without the use of middlemen.

VRF (Verifiable Randomness Function), one of the services offered by Chainlink Labs, is created for the upcoming blockchain gaming boom. Randomness can be tailored to perform simple tasks like selecting a card from a virtual deck, determining the rarity of collectibles, or generating random numbers for gaming matches. Since it can show the public that the games are not rigged, reliable randomness is a key component of the public ledger and essential for fairness.

Source: Prnewswire