I firmly believe cryptographic truth is the global shift to a more prosperous, honest and tamper-proof society. blabla ππ π SN = SN $LINK $NPC
Everyone is a LINK marine, it just takes some people a little longer to realize than others
Seeing a good amount of people who were previously standoffish about Chainlink now fully embracing the protocol
No grudges held, water under the bridge, welcome aboard frens
The Internet of Contracts extends well beyond capital markets/banks, it will touch every aspect of society just like the internet/Information Technology.
The smart contracts that will hold all the world's value and key contractual conditions can exist on various chains, just like all the current value exists in various databases and cloud technologies. TCP/IP combines all of these various web2 technologies into the internet through communication of critical data, CCIP does the same thing for all of web3, tokenized value and smart contracts.
This trade finance and global trade work with Vodafone is a great example:
https://t.co/7PJwzxjHWU
With Swift, multiple leading market infrastructures and the largest major financial institutions now clearly seeing the value of tokenization, we are nearing an inflection point for blockchain adoption in capital markets.
Chainlink and CCIP are key infrastructure to enable this transition out of the proof-of-concept phase and into production-level usage for real value, three key use cases will be:
1. Enabling secondary markets for tokenized assets across multiple institutional counterparties and banks, by allowing easy asset movement across any blockchain, public or private via CCIP. This means that even if a token is created on one chain, it can be bought from many chains. For example, facilitating Delivery vs. Payment (DvP) with stablecoins/cash/deposit tokens by performing transactions with the exchange of assets across blockchains.
2. Synchronizing on-chain to off-chain systems by supporting communication between legacy infrastructure and blockchains, greatly reducing the integration burden for large pools of capital by enabling existing institutions to interact with assets on any blockchain.
3. Creating a golden record that is updated by various Chainlink services, easily moved across multiple chains into multiple markets and consistently updated as it moves across those chains. For example, a RWA gold coin that uses Proof of Reserves to prove its holdings and has identity data attached to allow large institutions/pools of capital to purchase it in line with their existing legal requirements, transfer it across multiple chains using CCIP, and keep its key characteristics updated throughout.
These use cases will help financial institutions create large, multi trillion dollar, global and on-chain markets, while also gaining the large operational efficiencies of blockchain technology. Itβs now clearer than ever: the next frontier of finance is on-chain, and Chainlink is the gateway.
https://t.co/hh4XNP4gIg
Just like key standards such as TCP/IP remade a fragmented early internet into the single global internet we all know and use today, we are making CCIP to connect the fragmented public blockchain landscape and the growing bank chain ecosystem into a single Internet of Contracts.
Having a single way to use all smart contracts and transmit all value between them will be a critical building block for a blockchain powered society.
Swift is collaborating with @Chainlink and more than a dozen financial institutions and FMIs to test #CCIP for blockchain interoperability.
Participants include DTCC, Clearstream, Euroclear, Citi, BNY Mellon, BNP Paribas, Lloyds, ANZ Bank, SDX, and more
https://t.co/qP7Vlhn2gW
On the latest CLG Podcast, @Crypto___Oracle and I talk with #Chainlink co-founder @SergeyNazarov π
We discuss many community questions ranging from product prioritization and economics to the crucial role the community plays
Take a listen below β¬
https://t.co/BBSgC3e1do
βοΈ Introducing #Chainlink Functions βοΈ
A new serverless Web3 platform that enables devs to connect their smart contracts to *any* Web2 API and run custom off-chain computations
Includes integrations for @AWScloud, @Meta, and @GoogleCloud, and more
https://t.co/p4yiv2M7ia