Its latest partnership is with Klatyn, the public blockchain project of Korean internet giant Kakao . Kakao is worth roughly $9 billion. And KakaoTalk, its popular messaging app, has over 50 million monthly active users.
With this partnership, Klaytn’s smart contracts can securely access off-chain data via Chainlink and use it to create applications. To that end, Klaytn is focused on large-scale enterprise applications and DeFi applications.
Google , the internet search giant with a market capitalization over $1 trillion, is now using Chainlink. It’s part of Google’s plan to adopt blockchain protocols and technologies by integrating them with its Google Cloud services. Its ultimate goal is to create hybrid blockchain/cloud applications.
The fact that the search engine giant is favoring Chainlink, in addition to Ethereum to make internet-hosted data available in an immutable blockchain, is great PR for the project. For now, Google is focused on specific use cases such as prediction marketplaces, contracts, and transaction privacy.