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Devium Joins Chainlink BUILD Program to Decentralize Code Repositories

by Dan K
Mar 30, 2023 - 12:00 am
in Blockchain
Devium joins Chainlink|

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Devium, a Web3-based decentralized software development platform, has announced its official participation in the Chainlink BUILD program. Through this partnership, Devium aims to expedite the adoption of decentralized code repositories and promote the growth of the ecosystem.

Decentralizing Code Repositories with Devium

Devium provides developers and Web3 project teams with a fully decentralized software development platform where they can own and monetize their own code. The current paradigm requires developers to depend on large centralized code repositories, which can introduce security and reliability issues. Devium aims to provide a decentralized alternative that enables Web3 developers to own their work completely. It does so by creating tools that allow developers to host source code as NFTs, store and transfer source code in their users’ wallets, and create open source code or commercial licenses for their code.

The Benefits of Joining Chainlink BUILD

Devium has joined Chainlink BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. The partnership will provide Devium with priority support from the Chainlink ecosystem, increased access to dApps and developers needing decentralized code repositories, and stronger incentive alignment between the Chainlink and Devium communities.

As part of BUILD, Devium will also receive key benefits such as access to and integration of secure, reliable, and decentralized market data through Chainlink Price Feeds and access to new Chainlink product alpha and beta releases. In exchange for these services, Devium will make 5% of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.

Devium and Chainlink’s Shared Vision for a Decentralized Future

Through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, Devium aims to accelerate awareness and adoption of its decentralized software development platform. By joining Chainlink BUILD, Devium has taken a step towards its vision of creating a world where developers own, operate, and deploy code on decentralized platforms.

Chainlink is the industry-standard Web3 services platform that enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain. As the leading decentralized oracle network, Chainlink provides global enterprises with a universal gateway to all blockchains.

Conclusion

Devium’s participation in Chainlink BUILD program is a significant milestone towards promoting decentralized code repositories and creating a safer and more secure ecosystem for developers. With access to Chainlink’s oracle services and technical support, Devium can enhance the security and reliability of its platform, and promote greater adoption of its decentralized software development platform. The partnership also aligns both communities’ economic incentives and provides mutual benefits to both parties.

Tags: Security
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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