PingNET is a Decentralised Transmission Network for the Internet of Things. The core of the stack is a P2P protocol that enables a peer-to-peer data marketplace where anyone or any — ‘thing’ that has a network connection can get paid for sharing connectivity, and enterprises can rapidly deploy high-volume and cost-effective IoT edge networks. PingNET taps into the data reserves, bandwidth and computing power contained at the edge, to enable the flow of secure, encrypted data from edge devices to IoT platforms, blockchains and beyond. The protocol creates the building blocks for new cost savings, revenue streams and a truly scalable IoT network.
By decentralising the edge, PingNET opens the door to business model innovation, especially for device manufacturers, asset tracking companies, Industry 4.0 integration, logistics and supply chain groups as well as IoT platform vendors and organisations.
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
