The Chainlink BUILD program fosters promising early-stage startups and established projects in Chainlink’s ecosystem. Participants receive benefits including enhanced access to essential Chainlink infrastructure, new product alpha and beta releases, and technical support, in exchange for paying fees that incentivize Chainlink service providers, boost the network’s cryptoeconomic security, and advance the web3 industry as a whole.
Today, Pairwyse, an onchain P2P-decentralized contracting protocol, announced it joined BUILD to integrate key Chainlink services including Cross-Chain Interoperability Protocol (CCIP), Data Streams, and Automation in order to advance its vision for decentralized smart contract development across multiple web3 ecosystems.
Smart contracts are decentralized once deployed onchain but are often created in a centralized manner. Pairwyse brings the entire smart contract development process – from initial proposal to future updates – onchain, making it possible for ongoing DAO governance, instrument construction, protocol upgrades, new agreements, rights management, and scope enforcement to remain completely decentralized.
The protocol uses a dual-layer architecture to securely translate human-understandable languages into decentralized agreements, balance sheets, and transactions, allowing smart contracts to be assembled like building blocks for economic, organizational, and governance applications across verticals, chains, facilities, and trades.
In an official announcement, DAOsign founder and Pairwyse codebase contributor Eugene Fine underscored how utilizing Chainlink oracles will allow Pairwyse to reduce cost and complexity for web3 developers. “Integrating Pairwyse with Chainlink CCIP will bring true interoperability to dApps, product customization power to users and greatly reduce web3 product cycles,” he said.
Pairwyse co-founder Ashwin Tumne emphasized how Chainlink’s industry-leading decentralized infrastructure, which has securely enabled over $10.5 trillion in transaction value, allows Pairwyse to expand smart contract use cases to include onchain negotiation, contract development, and an adjudication medium for P2P economic agreements.
“Integrating Chainlink CCIP will transform Pairwyse into a cross-chain smart contract manufacturing and communications protocol able to support a level of financial and economic contracting not currently achievable under the current paradigm of off-chain compilation and deployment,” he said.
To learn more about Pairwyse, visit their website, X, Telegram, and GitHub.