Goracle and HEADLINE Announce Strategic Partnership

Last updated on June 20th, 2022 at 12:00 pm

The two prominent projects building on the highly scalable blockchain, Algorand, have agreed to a strategic partnership.

Goracle, a decentralized oracle network, will incorporate data feeds into the HEADLINE’s Dev Tools. The former is known for creating a bridge between projects building on Algorand, other blockchains, and the real world.

As a result of the partnership, HEADLINE’s Dev Tools that are utilized regularly by developers will have access to real-time and customizable data feeds from Goracle’s decentralized oracle network.

Over time, HEADLINE has evolved into one of the notable code contributors on Algorand, creating some important development projects. HEADLINE makes it seamless for developers to build their decentralized apps on the network through its contributions.

As a result of the partnership, Goracle will offer this development ecosystem access to real-time and accurate information.

Goracle is well-known for providing open-source communities with essential components that every decentralized ecosystem requires: data feeds.

The CEO of Goracle, Abdul Osman, was delighted about the partnership. He stated, “Goracle is excited to partner with Headline, an organization at the forefront of bringing blockchain adoption to everyday consumers as well as commercial institutions. We look forward to providing a wide variety of feeds and the computational ability for their ecosystem of projects.”

Brian Scherlen, HEADLINE’s Chief Marketing Officer, stated, “An on-chain data feed provided by Goracle could quickly spark a massive wave of innovation on Algorand.”

He added, “We believe that Algorand’s tech will continue to shine as new applications and tools like Goracle continue to improve the growing landscape of the Layer 1 chain.”

To find out more about Goracle, visit their website, join their Discord and follow them on Twitter and LinkedIn.