Polymarket, a decentralized platform of the prediction market, includes the Oracle Chainlink network to improve the accuracy and speed of its market resolutions, companies announced Friday.
Polymarket cooperated Chainlink to include its data standard In the process of solving the polymarket, according to a Friday’s press release shared with the cointelegraph.
The collaboration is first focused on enhancing the accuracy and speed of resolutions of pricing, with plans to expand in additional markets.
While the integration of polymarket pricing predictions into the chainlink is live with polygon mainnet immediately, parties expect to explore additional predictions using the future chainlink.
Polymarket uses polygon by default
Chainlink integration marks a significant development for polymarket as the platform uses the Polygon blockchain – a Layer-2 (L2) Ethereum Scaling Solution – Like this basic network.
Launched in 2020, the Polymarket appeared as a major platform of crypto -powered platform, where users could put bets on the outcomes of future events using digital assets such as Circle’s USDC (USDC) Stablecoin in polygon blockchain.
While the Polygon focuses on delivering faster and cheaper transactions by processing transactions to the main Ethereum chainThe chainlink provides a Oracle Network It connects Smart contracts to blockchain with real-world external data.
As such, while the polygon is a polymarket chain by default, the chainlink will send data to solve the polygon chain markets.
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“The Polymarket’s decision to include chainlink’s proven oracle infrastructure is a pivotal milestone that greatly improves how the prophecy markets are created and predicted,” said chainlink co-founder Sergey Nazarov, added:
“When market outcomes are resolved by high quality data and tamper-proof calculation from Oracle Networks, predictions markets have emerged in the reliable, real-time signal that the world is trusting.”
The “subjective” markets are explored
In addition to incorporating the pricing market, with a clear, specific resolution, polymarket and chainlink will explore the methods to bring additional predictions, the announcement said.
Beyond pricing predictions, Polymarket and Chainlink also explore how Oracle networks apply to more subjective questions, which usually rely on social voting mechanisms. Companies say expanding these markets can reduce bias and strengthen the integrity of the resolution.
Companies do not immediately respond to Cointelegraph’s request for further details.
The news came soon after the US Commodity Futures Trading Commission released a letter with no action In a clearinghouse obtained by the Polymarket in early September, marked another case of US regulators softening their crypto implementation approach in 2025.
In late August, the Polymarket added Donald Trump Jr. On its advisory board After the investment secure from the 1789 capital, which is tied to the prophecy market closer to US politics.
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