We’re excited to announce that Chainlink and @Mastercard have partnered to enable billions of cardholders to purchase crypto directly onchain.
https://t.co/bN5IVe1ieL
Chainlink verifies and synchronizes key transaction details to enable Mastercard holders to access crypto directly onchain.
This marks a major step forward in the mainstream adoption of Web3. Chainlink and Mastercard power the new @swapperfinance platform, with @ZeroHashX providing the onchain service and access to liquidity needed to convert fiat into crypto with seamless smart contract execution, alongside @Shift4, and @xswap_link, with liquidity sourced from @Uniswap.
Combining Mastercard’s global payments technology and Chainlink’s industry-standard infrastructure creates a secure user experience for billions 🧵
Very excited about this report from Visa, showcasing how Chainlink is able to solve the three biggest problems of next generation smart contracts for institutional transactions, all in one platform.
1. Providing the critical data needed to properly price the assets in the transaction and enable transfer agents.
2. Connecting multiple chains to enable the value and the data of the transaction to move across multiple chains. Powering a public chain to private chain connection in this case.
3. Enabling compliance by providing on-chain identity proofs and matching them against various policies from two different jurisdictions and regulatory frameworks.
Smart contract transactions in the institutional world are complex, they require various sources of data, multiple cross-chain connections and a reliable form of on-chain identity/compliance, all of which the Chainlink standard is able to uniquely provide in one secure and reliable platform.
This transaction between ANZ and Fidelity International, two existing institutional users of Chainlink, all happening within the HKMA regulatory framework which Chainlink has now been being built work within for many years. Complicated flows like this, being executed in a compliant way, is a clear sign of the unique value that Chainlink is now able to provide.
As more top institutions adopt the Chainlink standard for data, connectivity and compliance, I expect that they will begin to transact with each other more frequently, as the friction for the institutions on this comprehensive transactional standard is much less than the cost of a transaction on institutions that are on various seperate standards with multiple ways of proving data, connecting chains and creating compliance. As more and more top institutions join the Chainlink standard for institutional transactions to happen on-chain, the network and the standards become more valuable to the current participants and the ones considering joining the transactional standard.
Excited about seeing more of these coming up and having Chainlink power the next stage of our industry's growth through mainstream institutional adoption.
https://t.co/4RApSpL6Pi
$Link so Chainlink is the only Crypto Co. With a token in attendance at Friday's summit to discuss/set the future of policy and regulations for the entire industry...... lol.
Its obvious Chainlink will be the middleware system denominator of the entire system - commodities, CBDCs,elections, insurance, Rwa's economy,etc. Everything will be underpinned by Chainlink on the unified golden record.
Good God I'm excited for us.....
Many great conversations last night at the Inaguration Starlight Ball. Was great to discuss our industry with many forward thinking politicians, pro-blockchain legislators, top financial leaders, leading blockchain teams and highly educated old friends, all in one place.
We are entering an entirely different stage for our industry at this point, the stage where we become the way the world works. Especially exciting times ahead.
NO ONE, and I mean NO ONE, was charting $LINK prior to this run up. Maybe would see 4 to 5 charts over a few weeks. Lots of sh*tposting to those of us that DID post.
Now EVERYONE has a chart. Unfortunately, a lot of really bad charts out there. Be careful.
Today, we honor Flag Day!!!
Celebrated on November 19th in Brazil.
We also received news that @BancoCentralBR has selected the @chainlink standard for the Drex project.
This milestone highlights Brazil's leadership in the 4IR and its commitment to innovation. $link #chainlink
$link on $sol is not a problem, what is impressive is that scammers within the community (it is not the first time that this has been demonstrated) have been in the spotlight for so many years