Telegram's TON Blockchain Integrates Pyth Network Oracle for Data Precision

IconCryptoNewsTerminal Staff14 Aug, 2024

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Telegram's TON Blockchain Integrates Pyth Network Oracle for Data Precision

Pyth Network (PYTH), a decentralized oracle solution, announced its partnership with Telegram's Open Network (TON) on February 14th. This integration enables the incorporation of Pyth's oracle services into the TON blockchain, empowering developers to retrieve up-to-date and reliable asset price data on-chain. Pyth Network's data feeds provide access to accurate market information, which can be vital for applications built on the TON blockchain. By leveraging Pyth's data, TON developers can enhance the economic models within their applications, particularly in the realm of blockchain gaming. The integration of Pyth Network into TON aligns with Telegram's commitment to fostering a robust ecosystem for developers. By providing access to trusted data, Pyth Network empowers developers to create innovative applications that leverage real-world data, ultimately benefiting the TON community.