Swisscom launches Chainlink node for DeFi data Swisscom, Sw | NFT Token

Swisscom launches Chainlink node for DeFi data

Swisscom, Switzerland's largest telecommunications service provider, is launching a Chainlink oracle node to provide data for decentralized finance (DeFi). Earlier, the Chainlink node was launched by Deutsche Telekom.

Oracle service provider Chainlink (LINK) said Swisscom is the second telecommunications company to join DeFi. Deutsche Telekom, Germany's largest telephone company, is already a major data provider for Chainlink.

"Swisscom has very high security standards, which is important for being a high-end node operator. But what's even more important is that you now have a trend of multiple enterprises starting to see the value of working nodes," said Chainlink co-founder Sergey Nazarov.

Swisscom, headquartered in Ittigen near Bern, is 51% owned by the Swiss government and has about 19,000 employees.