Hassan Maishera
On Wednesday, Chainlink announced in a blog post that the Chainlink DECO Sandbox has been opened to the public. This latest development provides users with access to DECO, the foundational zkTLS-oracle technology for authenticating and verifying web data in a privacy-preserving manner.
DECO Sandbox enables financial institutions and enterprises to quickly explore how to streamline user onboarding while maintaining data privacy and ensuring data provenance.
It also allows Web3 developers to experiment with novel use cases, such as utilizing decentralized identity and Proof of Funds to allow institutional investors to participate in the DeFi economy via their offchain identities and credit histories.
DECO Sandbox offers developers pre-configured use cases that showcase DECO’s capabilities and serve as frameworks for developers to run their own experiments and configure their own proofs.
Chainlink added that DECO supports multiple methods of generating attestations about offchain data that can be consumed both onchain and offchain in a privacy-preserving manner.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 1.5% over the past 24 hours and is trading at $12.22 at press time.
