Polymarket connects to Chainlink to reduce latency and tampering risks in prediction results

PANews reported on September 12 that according to CoinDesk, the prediction market platform Polymarket is using on-chain data provider Chainlink to improve the way its prediction results are judged. The two companies announced Friday that Polymarket will automatically settle asset price-related markets to reduce latency and tampering risks. Currently, the integration is running on Polygon and will focus on crypto asset prices in the early stages, while the two companies explore potential applicable scenarios in more subjective markets. Chainlink's infrastructure combines time-stamped price information flows (i.e. data flows) with automated settlement tools, which allows the market to settle immediately at the end of the countdown. Polymarket said that although subjective markets remain challenging, it plans to expand the scope of application of Chainlink data beyond asset prices.