Morpheus Labs to deploy Chainlink on its BPaaS Platform

Morpheus Labs is proud to announce the planned deployment of Chainlink’s decentralised oracles on the Morpheus Labs Blockchain Platform as a Service (BPaaS).

Blockchains are often inefficient as a data storage and retrieval mechanism. When developers begin to implement their chosen smart contracts, they have difficulties connecting key external resources like off-chain data and APIs. Chainlink solves this problem by serving as a gateway between blockchains and real-world. Oracles get data from the real world and passes them on to smart contract on the blockchain via API’s.

Like Morpheus Labs, Chainlink is blockchain agnostic. Chainlink offers a middleware data solution to a variety of blockchains. At implementation, the Morpheus Labs platform will only deploy decentralised oracles on the Ethereum Blockchain. As decentralised oracles are offered on additional blockchains in the future, the Morpheus Labs platform will strive to offer these too.

By offering developers, students, and companies the ability to use Chainlink’s decentralised…