🔗Chainlink & Datafeeds

Proof of fairness - chainlink datafeeds

Overview

Chainlink datafeeds ensure Betfin.io's decentralized games receive reliable and tamper-proof price data, maintaining the integrity and fairness of financial and prediction games.

Reliable Price Data

• High-Quality Sources: Data is gathered from premium and verified providers.

• Decentralized Oracles: Multiple independent oracles aggregate the data to ensure accuracy.

How It Works

1. Data Aggregation: Chainlink oracles collect data from numerous reliable sources.

2. Data Transmission: The aggregated data is securely transmitted to Betfin.io's smart contracts.

3. Data Utilization: Betfin.io uses this data for game outcomes and financial predictions.

This is the example of BTC/USD datafeed on https://data.chain.link/feeds/polygon/mainnet/btc-usd#operator-linkforest

BTC/USD price datafeed: https://data.chain.link/feeds/polygon/mainnet/btc-usd#operator-linkforest

You can find more information about chainlink datafeed here: https://data.chain.link/feeds you can also check the exact datafeed such as https://data.chain.link/feeds/polygon/mainnet/btc-usd#operator-linkforest that is used for BTC/USD predict game

Benefits

• Reliability: Ensures the data is accurate and reflects real-world prices.

• Security: Prevents data manipulation through decentralized verification.