Polymarket turns into a chain to clean how it solves bets.
The largest prediction market platform in the world will use the chain data provider to automatically pay the prices of asset prices, reducing delays and falsification risks, the two companies announced on Friday.
Integration is live on the polygon and will initially focus on the prices of cryptographic assets while companies explore potential applications for more subjective markets. This means that the prices based on asset prices will be resolved according to data directly fed from the Oracle Decentralized Chainlink network.
Polymarket is currently based on the optimist Oracle System Uma to determine the results of its prediction markets. This has often led to the controversy on governance attacks made to influence the results of certain markets.
Chainlink infrastructure combines horodor price flows, called data flows, with automated settlement tools. This, according to the project, in a press release shared with Coindesk, allows a market to settle as soon as the clock is exhausted.
Polymarket says that it plans to extend the use of chain link data beyond asset prices, although subjective markets remain a challenge.
Certain controversial results on polymarket, it should be noted, also involved more subjective markets, including decisions based on the clothes of the Ukrainian President Volodymyr Zelensky.