Brickken, the Spanish company dedicated to tokenization solutions, announced that it has joined Chainlink in order to improve its tokenization process through oracle technology and “proof of reserve”.
According to what has been indicated, this alliance is of significant relevance for the Spanish company, since it will be able to maximize the security and reliability benefits provided by Chainlink’s oracle infrastructure within a market that according to them is projected to reach 1.75 billion dollars by the year 2025, thanks to the growing demand for blockchain-based technologies.
Edwin Mata, co-founder and CEO of Brickkensaid he was excited and shared his impressions about the union stating that this alliance aims to make asset tokenization more secure and accessible, even for those unfamiliar with the world of cryptocurrencies.
“We are excited to join Chainlink BUILD to gain access to industry-standard oracle services, technical support, and a strong cryptoeconomic model that allows us to build Brickken and dApp tokenization services with higher security guarantees. We look forward to continuing our collaboration together and welcome the passionate Chainlink community to the Brickken ecosystem.”Mata commented.
In this sense, according to Brickken’s statement, the company will receive key benefits, including the access and integration of secure, reliable and decentralized data necessary to help denominate token services through Chainlink Price Feeds.automatic monitoring of reserve guarantees for specific types of tokens through Chainlink Proof of Reserve (PoR) and access to new alpha and beta releases of Chainlink products, among other benefits.
Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
It may interest you:
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the entire amount invested may be lost. The services or products offered are not directed or accessible to investors in Spain.