Ainslie Bullion seizes this opportunity to officially announce its incorporation of Chainlink Price Feeds. The organization will now be in a position to link to high-level and tamper-proof price feeds, which are essential for the precise pricing of precious metals. They include the likes of gold, as well as silver and platinum. This will be made possible on their platform and using correct market data. In this regard, it will be highly advantageous to customers, who will feel more at ease knowing that the entity’s price oracles are entirely secure, trustworthy, and transparent.
The prime reason for Ainslie Bullion honing in on Chainlink to be their oracle solution is that its framework happens to be smooth in incorporating but has also been tested over time in matters related to production. At the present moment, Chainlink happens to be engaged in safeguarding prime decentralized finance (DeFi) protocols, by having a unique safety system in place, along with proper connectivity. This also remains when the markets have their fair share of ups and downs.
According to the cryptocurrency news, the precious metals sector happens to be worth a multi-billion dollar industry, and most of the time, it tends to be reliant on data sources for pricing assets that are not precisely dependable. This creates a ripple effect where the user’s exposure is concerned, along with a downward pricing trend. With the right deployment of a multi-layered decentralized aggregation mechanism, Chainlink Price Feeds are able to successfully solve all of these factors, with the provision of safe, as well as dependable, and updated information on price. This includes a full array of assets. Additionally, precise uptime as well as data quality are provided.
Ainslie Bullion, as a company, is an absolute top-tier dealer of gold, silver, and platinum in Australia. They happened to have established themselves in the year 1947 and, along the way, managed to set up offices in Brisbane and Melbourne successfully. However, they claim to be having customers from all across the globe. They are much sought-after because of their exceptional customer service and safe storage system. There are also the factors of live pricing and an entire array of gold, silver, and platinum products.
After many deliberations, Ainslie finally honed in on the Chainlink Price Feeds because they provide high-level data. In addition, it has secure and trustworthy node operators, a decentralized network, and a reputation infrastructure. It also assists with pricing their Gold and Silver Standard Tokens (AUS and AGS) digital tokens, backed by distributed gold and silver bullion that is stored, insured, and authenticated in an Australian vault. According to the Director of Ainslie Bullion, Paul Engeman, Chainlink Price Feeds are effective in the price of conventional precious metals and their AUS and AGS tokens.
Where Chainlink is concerned, it is a benchmark Web3 service platform responsible for a massive volume of transactions all through Defi, insurance, gaming and NFTs, and various other enterprises. In the case of Ainslie Bullion, it happens to be a dealer of gold, silver, and platinum in Australia. At the same time, the Gold and Silver Standard offers supported digital assets as tokens hosted on the Ethereum network.
