New Change FX to provide data to DeFi through Chainlink

New Change FX (NCFX) has announced that it will be making its premium FX, precious metal, and crypto asset market data covering circa 2,300 currency pairs available on leading blockchains through the Chainlink Network.

April, 2021

Using Chainlink’s large collection of secure node operators, smart contract developers can access NCFX’s live, regulated, independent benchmark and reference data and analytics directly on-chain when building applications and products in Decentralized Finance (DeFi)—a new parallel financial system running on top blockchains (on-chain) that provide transparent, openly accessible, and decentralized financial instruments. NCFX expects its data to be used across decentralized finance (DeFi) applications to trigger actions within on-chain financial products like derivatives contracts, lending pools, insurance products, algorithmic stablecoins, automated trading strategies, and much more.