Fletachain (FLETA) has announced that it has partnered with the famous Chainlink to provide greater data reliability in the healthcare sector.
What is Fleta?
Before delving into the news, it is worth mentioning that the Korean Fleta team aims to accelerate the mass adoption of blockchain technology through a multichain structure, a specific block structure, LEVEL Tree validation, parallel sharding and an innovative consensus mechanism called PoF (Proof of Formulation).
As mentioned, Chainlink can be used in different ways and considering its incredible versatility, it can be implemented in the various dApps (Decentralized Applications) in the field of decentralized finance (DeFi) that are highly dependent on data reliability. There are already several projects that use Chainlink.
Looking at the practical use of this type of solution, it is clear that Fleta will use the Chainlink service not to obtain accurate prices as is usually the case, but to provide reliable data from reputable clinical records.
This represents one of the first uses of RWD (Real World Data), having a physical input of existing real-world data that will be digitized and provided to the dApp.
Thanks to the easy integration of Chainlink’s service, it is possible to have reliable data at all times, commented Fleta’s CEO, Henry Hong:
“Our blockchain’s scalability and the integrity of our smart contract data will be increased by utilizing Chainlink’s decentralized oracle network. Also, by deploying Chainlink’s oracle solutions, we can more easily apply blockchain technology to more varied fields in the future.” He added, “With Chainlink, FLETA will develop many use cases beyond the healthcare field, which will lead us towards new lifestyles powered by blockchain technology”.
The service offered by Chainlink is becoming increasingly successful and is chosen by numerous projects, such as the Chinese blockchain BSN, or Klaytn of Kakao, but also Tezos (XTZ) and others, demonstrating how the project is recognized by all as a great service. Among other things, the World Economic Forum has also chosen it as one of the technological pioneers of 2020.
When we look at the economic values of the 2 tokens, we see how both are on the rise, especially Chainlink, which has reached $4.7 and has already achieved position 13 on CoinMarketCap, while FLETA is currently up 12% and is traded at 0.001, located at position 359 on CoinMarketCap.