Connexun Launches Live Chainlink Node, Bringing Real-time Sentiment on the Crypto market On-Chain
We are pleased to announce that the Connexun Chainlink node is now live on mainnet, enabling smart contracts to access our premium news event data directly on-chain. Developers can now call our Chainlink node to get a cryptographically signed sentiment index for the crypto industry that’s updated in real-time based on recently published news articles across the globe. The solution is ideal for those looking for real-time sentiment data on distinct cryptocurrencies (ie Bitcoin, Ethereum, Cardano) or looking for the real-time score on the industry as a whole.
The data is powered by tens of thousands of news sources screened on a daily basis in different languages. It can be used to create new types of on-chain prediction markets and automated trading strategies based on highly refined crypto sentiment analysis. In the future, we plan to bring additional datasets on-chain like political election outcomes, important legislation passings, and major market or business events.
Being the industry’s leading oracle solution, Chainlink provides a quick and easy way to get our existing suite of APIs compatible with leading blockchain networks. Not only will we be able to supply data to any current or future blockchain, but we can cryptographically sign our data on-chain to prove it originated from our API. The node setup process was also very straightforward, ultimately introducing our data into a vast array of blockchain-based markets.
Connexun is an AI news engine that turns unstructured news content into multi-purpose actionable data, leveraging the power of machine learning and natural language processing to analyze large datasets of aggregated content. Through Connexun, users can receive real-time multilingual headlines, articles, and dynamic summaries and various types of entities extracted from tens of thousands of trusted online news outlets from distinct countries.
Connexun’s News API enriches news articles with over 20 structured data points, including keywords, hashtags, locations, categories, sentiment analysis and fact/opinion classification. Our Text Analysis API summarizes news articles, detects their language, tracks the semantic space of world news. We cover all spectrum of text mining, Natural Language Processing/Understanding/Generation services. We use cutting edge technologies like generative model GPT, transformer-based machine learning technique BERT and others which provide contextual understanding of human languages.
We’re delighted to use Chainlink to bring our well-curated data to the emerging and exciting development space of smart contracts. We’re confident that our data will contribute directly to the growth of new types of blockchain-based applications and products, such as automating the exchange of value based on current crypto sentiment that’s been aggregated from across top news sites.
“Making news data available on-chain for smart contract developers is an exciting milestone for us and the blockchain ecosystem as a whole,” stated Nikhil Aggarwal, Co-Founder of Connexun. “It allows decentralized applications to be built specifically around news and ongoing sentiment, meaning people can get exposure to future market outcomes and automate real-time decision making based on current event data. There are many exciting possibilities, and we’re thrilled to enable it through our Chainlink node.”
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
Chainlink is trusted by hundreds of organizations, from global enterprises to projects at the forefront of the blockchain economy, to deliver definitive truth via secure, reliable oracle networks. To learn more about Chainlink, visit chain.link, subscribe to the Chainlink newsletter, and follow @chainlink on Twitter. To understand the full vision of the Chainlink Network, read the Chainlink 2.0 whitepaper.
Connexun crawls news content published by over 20.000 highly trusted sources worldwide, scraping and subsequently aggregating hundreds of thousands of news articles on a daily basis. Its news engine is the first to pick up on emerging stories, ensuring a real-time view into major world events. It employs artificial intelligence to monitor, understand and extract content regarding topical events. It enables insurance, financial firms and other players to enrich web data sets, understand performance trends with a new instrument and apply structured web data to predictive analytics and risk modelling.
Gain comprehensive coverage and stay on top of all news stories and important web mentions. Keep track and retrieve news regarding a specific topic. Make use of sentiment analysis to generate forecasts and enriched financial and insurance models. To learn more about Connexun, subscribe to our medium blog, follow us on Linkedin, Twitter, Facebook, and visit our demos.