Chainlink Unveils ‘Data Streams’ to Reduce Latency, Expands Decentralized Computing

The company launched Chainlink Data Streams and announced new decentralized computing capabilities.

Chainlink also announced new decentralized computing capabilities with Functions Beta and Automation 2.0 on mainnet.Chainlink, the blockchain data oracle provider, has launched “Data Streams,” a new product designed to reduce network latency.

Chainlink Data Streams combines low latency market data and automated execution “to unlock a new generation of ultra-fast and user-friendly derivatives products," according to the company. Low latency market data refers to financial market data that is delivered without delay.solution, where ”high frequency market data is continuously made available off-chain,” the press release said.

Also on Monday, the company announced new decentralized computing capabilities with Functions Beta and Automation 2.0 on the main network.

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