Officials
@SergeyNazarov· about 1 month agoMastercard, live for real value. Access tokens for your on-chain wallet, directly with a mastercard purchase. Liquidity to buy a tokenized asset from a stablecoin or liquidity to buy a tokenized asset from an existing payments system, is still just liquidity/purchasing power and demand for that tokenized asset. The RWA/Web3 community and digital asset/banking community all want that liquidity to easily access their tokenized assets. The challenge is getting all the liquidity of both on-chain and off-chain purchasers into one globally unified liquidity layer that can allow all of that purchasing power to access smart contracts easily. Chainlink is on track to get all the world's stablecoin liquidity and all the world's TradFi liquidity connected into smart contracts through a highly reliable, provably secure and easy to integrate ,on-chain global standard.
@SergeyNazarov· about 1 month agoRT @chainlink: 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 🧵
@SergeyNazarov· about 2 months agoWas very excited about this thoughtful conversation with Jonathan Ehrenfeld, Head of Strategy at Swift. I think it clearly showcases the large benefits of Swift as a private key signing infrastructure, financial standards organization and network for routing key financial messages/information across the capital markets, among many other key services it already provides. It is clear to me that for our industry to go to the next stage, we need to make sure that blockchains become compatible with the existing financial system. Chainlink has a key role to play in making that happen, by simplifying the connectivity of those traditional data, payment and compliance systems into all blockchains, as well as the connectivity of those blockchains between each other. There will continue to be more and more critical data, identity, payment, compliance and other key systems to be integrated into and across blockchains securely, which I feel Chainlink is in a unique position to address in ways no other system can. You can hear my and Jon's views in the full podcast here: https://t.co/G0gYbu3ucX
@SergeyNazarov· about 2 months agoStablecoin regulation in the US will kick off a wave of new stablecoins in the US and all over the world. They will all need proof of reserves and cross-chain connectivity to be used as a source of payment for the growing digital asset economy and tokenized funds. Chainlink is the only platform that provides proof of reserves and cross-chain connectivity in one system. This is before we look at the need for on chain identity and the ability to use stablecoins as a form of payment with minimal friction when fulfilling compliance requirements. Chainlink will then be the only platform to provide proof of reserves, cross-chain connectivity and on-chain identity/compliance in a single system. As the complexity of blockchain transactions grows with more data, connectivity, compliance and other requirements, Chainlink will be being built as the only platform that can fulfill all those requirements in a single unified system of transactional standards. All of these Chainlink capabilities can then be easily configured, deployed and managed in one piece of workflow code on CRE. So you're getting all the services you need to prove reserves, connect across chains, solve compliance/identity issues and manage all this complexity with a single piece of code, in one system.
@SergeyNazarov· about 2 months agoVery 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
@SergeyNazarov· 3 months agoReally excited about Chainlink being used to connect JP Morgan's private chain together with Ondo's public chain for Delivery vs Payment of Ondo's tokenized treasuries product in exchange for cash payment on the JP Morgan Kinexys chain. This is using the Chainlink Runtime Environment (CRE), which allowed this connection to happen quickly, securely and in a way that met the compliance needs of large institutions. Looking forward to moving this forward and enabling even more collaboration between large capital market institutions with great solutions like Kinexys Payments and leading public chain/DeFi team's like Ondo.
@SergeyNazarov· 4 months agoRT @chainlink: Today, Senator Thom Tillis (@SenThomTillis) and Senator John Hickenlooper (@Hickenlooper) reintroduced the Proving Reserves of Others Funds (PROOF) Act—a critical step toward establishing Proof of Reserve requirements for digital assets. As more real-world assets move onchain, legislation such as the PROOF act reinforces the importance of Proof of Reserves and is essential in ensuring transparency for the digital asset industry.
@SergeyNazarov· 4 months agoThis is the moment when our industry can transition from being just about cryptocurrencies to also being about the next version of the financial system, reaching its long awaited full potential on a global scale. What we need now is for the world's largest governments to adopt our industry's approach to ownership, data and transactions as their preferred method for both their domestic economy and their preferred method to transact internationally. If our industry's technology provide's the value/improvements that I know it can, then we can be the ones defining the fairer, more transparent and globally connected future. What I am seeing from the United States government is very significant for getting us to the next stage. After meeting with multiple Senators and Congressman, such as @CongressmanGT , @SenGillibrand , @berniemoreno , as well as top leaders of US regulators and other senior government officials, I can clearly see that we are on the way to this next stage of our industry. This transition to a Web3 Financial system will greatly benefit the U.S. financial system, especially if it leads the way, as well as benefiting the entire global financial system. The overall approach that I think should be considered for the US financial system can be seen here: https://t.co/54DvlsMKg0 (Slides: https://t.co/24x7fGEEvW)
@SergeyNazarov· 5 months agoI am deeply grateful for the opportunity to attend the Crypto Summit at the @WhiteHouse today. It was a great event that had some of the top leaders in our industry in attendance, all of whom got the chance to share their views on the crypto reserve, regulation, legislation and the overall strategy for how our industry will be able to evolve in the United States financial system. Since the US financial system is the world's leading financial system and many other financial systems follow its lead, this was a truly historic day for our industry. Having the most senior members of the cabinet that cover these topics, the Secretary of the Treasury @SecScottBessent and the Secretary of Commerce @howardlutnick attending the event and actively participating before we were joined by @POTUS says a lot about the US's new found commitment to cryptocurrencies, blockchains and its own evolution as a financial system using our industry's approach. Having top legislators that have been supporting our industry for many years like Congressional Whip Tom Emmer/@GOPMajorityWhip and Digital Asset Subcommittee Chair Bryan Steil/@RepBryanSteil also in the room showed a clear alignment between the executive and the legislative branch. The executive branch and legislative branch working together to get our industry adopted by the US financial system is very important. After this summit and my recent trips to DC it has become clear to me that the large macroeconomic effects of our industry on the US financial system makes it not only a bipartisan issue but possibly even a nonpartisan issue that is obviously in both parties interests because it is clearly in the US's overall interests. This level of cooperation between both parties of the house and senate greatly accelerates our industry's ability to gain entirely new laws and regulations. It may actually be one of the most cooperative issues in the legislative process right now. I am also very impressed by the intelligence, commitment and deep industry understanding of the people that the @realDonaldTrump has chosen to plan things out for our industry from the executive branch; @DavidSacks and @BoHines are both knowledgeable about our industry and clearly very committed to helping it reach an entirely new level of adoption. They are helping bring together the most senior members of the US government to reorient the US financial system towards our industries technologies as the future. They did a great job on this summit and are doing many other great things for our industry's future as well. It is clear to me that @realDonaldTrump has chosen our industry as a critical component of his plans for the US economy. In the attached video you can clearly see him saying "I thought it was very important that we stay in the front of this one, this is a big one" in response to points about how our industry is leading to the evolution of the global financial system. As an industry we are all immensely lucky that this is now the approach that US's executive branch has towards our industry. Thank you. There were many comments made during the summit by various top industry leaders, but I found @ZachWitkoff's comments about the need to create regulatory clarity that makes all existing US institutions comfortable enough to participate in our industry, particularly insightful. I personally think that what he and the team at @worldlibertyfi are building is at the next level of DeFi and will be in a good position to take advantage of this next iteration/evolution of the US financial system.
@SergeyNazarov· 5 months agoExcited to be in DC this week. Many meetings with top legislators like Congressman Tom Emmer and great advocates for our entire industry from the executive branch like Bo Hines. I am seeing an entirely different level of interest about how to modernize the US financial system to make it the preferred place to generate digital assets/RWAs and make the US financial system a leading force in Web3. I have always been interested in how to make a better global financial system and do believe that the technology created by the Chainlink community can help both the US and the world arrive at a better version of the financial system. Right now we are still at the stage where building the foundational infrastructure that creates a more tamper-proof/fair, reliable and transparent financial system is a key step that is still in motion and which the US can become a global leader in. Excited to meet with more great folks in DC to see how we can make this happen.
@SergeyNazarov· 6 months agoWas excited to meetup with @DonaldJTrumpJr from the @worldlibertyfi team at the @OndoFinance summit. It was great to hear that his personal experience with the current financial system was the driving force for creating WLFI, and that he is trying to build something he himself would want to use because it is truly tamper-proof/fair, transparent and highly secure/reliable. Excited to be working with the @worldlibertyfi team on creating this DeFi powered future and applying the Chainlink Standard to help make the financial system what it should be.
@SergeyNazarov· 7 months agoRT @chainlink: In 2024, Chainlink solidified its position as the standard for verifiable data and cross-chain interoperability in DeFi, while also working with the world's largest financial institutions and governments on adopting blockchain technology. In 2025, we'll continue to build novel solutions for DeFi and expand Chainlink's market share, further the expansion into banking and capital markets by enabling high-quality institutional use cases, introduce the Chainlink Runtime Environment (CRE) to a broader array of users, and more. @SergeyNazarov provides his insights into the major milestones of 2024 and a look ahead for 2025:
@SergeyNazarov· 7 months agoMany 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.
@SergeyNazarov· 7 months agoGreat conversations at the Trump Inaugural Committee Candle Light Dinner tonight. I can see a whole new path for the blockchain industry that simply did not exist a few months ago. Exciting times ahead for our industry. https://t.co/ZpPFT6eFEp
@SergeyNazarov· 7 months agoI think the technical term to describe this situation is "now we're cooking with gas" I wonder what happens when the world's largest financial institutions decide to go on-chain because being on-chain becomes a "national priority". Seems likely they will need a secure and reliable way to utilize various kinds of data on-chain to build their financial products. I can also see them needing a reliable way to interconnect all their chains to transact in a secure, compliant and efficient manner accepted by regulators. Something like what TCP/IP does for the internet, but built to handle cross-chain transactions and able to work for institutional systems/use cases. It might also be nice if they had a simple development environment from which to manage all this complexity, something like a runtime environment that makes it easy to rebuild all their existing financial products and transactional flows on-chain. If that development environment was already integrated with their existing standards like Swift and their existing CSDs like DTCC, that would make it a lot simpler for them. If only there was a single platform where they could get all of these key building blocks to work together in a secure way... Exciting times ahead.
@SergeyNazarov· 7 months agoRT @chainlink: Chainlink’s dominance in 2024 ↓ https://t.co/EhMw0BKe91
@SergeyNazarov· 8 months agoRT @chainlink: .@EmiratesNBD_AE—a ~$260B AUM banking group in the MENAT region—welcomes Chainlink to its Digital Asset Lab Council. The #Chainlink standard will help support the adoption of digital assets in the region via verifiable data & cross-chain interoperability. https://t.co/BRDeEUkouh https://t.co/2awY1RxLtI
@SergeyNazarov· 8 months agoI see this long list of initial capital markets users and early adopters of multiple Chainlink services as just the beginning. Just like Chainlink became the standard for powering DeFi, there is now very active integration work and adoption of Chainlink in the TradFi/Capital markets. Whether you're an asset manager, custodian bank, central bank, financial market infrastructure or various other traditional financial system participant, the Chainlink standard gets you transacting across multiple chains quickly, securely and in a compliant manner. There is no other standard that currently does that.
@SergeyNazarov· 9 months agoWhat if all Stablecoins, RWAs and CBDCs start being connected to each other and to all the world's digital assets, across all chains, on one platform/standard set of protocols, because it has all the data connections, identity connections and cross-chain connections they need to transact successfully? Sounds exciting to me....
@SergeyNazarov· 9 months agoRT @chainlink: .@SergeyNazarov joined @NYSE to discuss @worldlibertyfi’s recent adoption of the #Chainlink standard, which will help bring DeFi to the mainstream. “For us, security was one of the most important considerations,” explains Zak Folkman, Co-Founder of WLFI.
@SergeyNazarov· 9 months agoRT @worldlibertyfi: 🦅🇺🇸 We're excited to announce that we are adopting the @chainlink standard for onchain data and cross-chain connectivity as a secure way to bring DeFi into the next stage of mass adoption. https://t.co/KBJmSplT9e
@SergeyNazarov· 10 months agoVery positive on the continued adoption of Chainlink and Digital Assets by the TradFi world. I think this year will be a landmark year for many innovations in fund tokenization, RWAs, interoperability across chains and many other innovations. Excited about speaking at Sibos next week and all the great adoption we're seeing in that community. Super excited about us having a main area booth not far from the biggest banks and financial market infrastructures in the world. I remember the first Sibos in 2016 when I was walking around by myself, and now we have a main area exhibitor booth and a large team of top capital markets representatives meeting with many of the top banks, asset managers and financial market infrastructures, exciting times. Come say hi at one of our sessions or the booth if you’re at the event: https://t.co/tnBvDrjAIp
@SergeyNazarov· 10 months agoExcited that CCIP was selected by the @Ronin_Network community through a thoughtful voting process. I think we will be seeing more situations where the superior decentralization, security and reliability get recognized as key determining factors of a cross-chain connectivity solution. The way the Chainlink community has continually won many of the top users in DeFi, Gaming and now TradFi is by having the superior protocol, even if creating that better set of features and security guarantees takes a little bit longer to get right. The adoption of the Chainlink standard and therefore CCIP by leading DeFi protocols and now top TradFi firms also makes utilizing CCIP more attractive. I eventually see DeFi and Gaming merging into an even larger GameFi ecosystem, which I believe the TradFi community will want to participate in. The key question will then be how to technically achieve this collaboration, which is what the Chainlink Standard and Chainlink community are building.
@SergeyNazarov· 10 months agoExcited about all the adoption of blockchains, digital assets, RWAs and oracle networks by many large financial industry players. I believe the adoption of our industry's technology will only accelerate as the world's largest financial institutions begin to go live on production in various forms. Three links to consider: https://t.co/TvvvON5OVb https://t.co/eXBaffAgQ3 https://t.co/ubvdLznJWx
@SergeyNazarov· 10 months agoRT @Bedrock_DeFi: Bedrock is integrating @chainlink Proof of Reserve to enhance security and help prevent future exploits.🔒 As the industry standard, Proof of Reserve will secure our minting function, providing users with cryptographic guarantees around asset reserves. https://t.co/E34noFK3uq https://t.co/Jj6boh9U4c
@SergeyNazarov· 11 months agoI am increasingly convinced that the RWA trend is the early stages of getting the traditional financial system onto blockchains in a way that we have not seen yet. Some of the world's largest financial institutions are already putting tokenized funds on-chain, and I think we are just at the very early stages of this trend. Chainlink already powers many of the top RWAs and the need for both data and cross-chain working in one system is even greater here than it initially was in DeFi. There will also be tokenization platforms, which integrate the highly secure and widely adopted Chainlink data and cross-chain standards to power various key aspects of RWA tokenization e.g. Fireblocks collaboration https://t.co/Vv3A4tz6T8 The trillions of dollars in value that will flow into the RWA format makes it something that I see as likely to surpass the market capitalization of cryptocurrencies. Our industry may sometime soon be defined by RWAs more than it is by cryptocurrencies, similarly to how the internet was at one point about email, but then went on to be defined by more uses of information technology e.g. ecommerce. The influx of value into the blockchain format/RWAs will also feed a boom in DeFi, where many of those assets will be placed to generate greater yield. Slides: https://t.co/puiCKBU7p4 Video: https://t.co/KrJhXPh3FA
@SergeyNazarov· 11 months agoI personally believe that the RWA industry's size can eventually surpass the cryptocurrency market as a whole. If you count stablecoins, gold coins and all commodity coins as RWAs, you already see a lot of the potential for how RWAs can continue to put even more value on-chain. Chainlink's technology is very well positioned and very widely used across the RWA space, something that I think will make it even more of a global standard. RWAs are also where a lot of the initial interaction between TradFi and DeFi will start happening.
@SergeyNazarov· 11 months agoIt's been an amazing 7 years since the launch of the whitepaper. In creating Decentralized Oracle Networks the Chainlink community has enabled DeFi to initially emerge and is now going on to connect it to TradFi for it's next large leap forward. Looking forward to seeing the Chainlink protocol and community play a key role in both building the future of the blockchain industry and the entire global economy/new financial system.
@SergeyNazarov· about 1 year agoRT @DeFi_Dad: 🎙️ New @edge_pod on @chainlink! The one and only @SergeyNazarov shares... 📈 Why Chainlink's building for trillions in RWAs 👀 How RWAs already flipped DeFi 🌱 Evolution of Chainlink's platform + CCIP ↔️ Supporting the intersection of DeFi x TradFi 🏗️ Building for AI x crypto https://t.co/Dpes3CMtIi
@SergeyNazarov· about 1 year agoProof of Reserves creates both transparency and security. It publicly shows the reserves backing a stablecoin, while also being used to make sure that no additional coins are minted unless the reserves in the off-chain world/bank account match the newly minted coins. This create a more secure RWA/Stable coin. I think we will be seeing even more data that reduces key risks go on-chain in capital markets, making their financial products increasingly transparent and secure.
@SergeyNazarov· about 1 year agoRT @chainlink: #ETH ETF approved: what this means for @ethereum and crypto adoption ↓ https://t.co/SmfMzifimZ https://t.co/0LwABYC2jN
@SergeyNazarov· about 1 year agoAccelerating the adoption of digital assets/smart contracts in TradFi is just the start. Once the world's largest asset managers and banks are onchain, the next step is connecting them to the DeFi protocols already powered by Chainlink. Once there is a single standard for how transactions work correctly across multiple chains as well the two worlds of DeFi and TradFi, then we will enter a global Internet of Contracts, the true promise of what our industry has been working towards.
@SergeyNazarov· about 1 year agoReal World Asset (RWA) tokenization is the next big trend in the blockchain industry and I believe it is on track to hold more onchain value than cryptocurrencies. More in the presentation linked here https://t.co/I6UiU5lLBD , with some key points below. RWAs have already surpassed DeFi in terms of the total value they hold, with DeFi being the biggest trends to redefine the blockchain industry over the last 4 years. The amount of value that can be quickly turned into an RWA is in the tens of trillions, with only a very small percentage currently being in the RWA format. This includes all commodities, all real estate, all funds, and much more. Large institutions like Blackrock, Fidelity, and others are already participating in the RWA trend through tokenized funds, with many more to come. RWAs are a superior format for more secure ownership and transferability of asset via rapid transfer onchain. RWA can be purchased and transferred across different countries and their separate financial systems with less friction than the current system. Providing easier access to global liquidity, a dynamic that has helped grow cryptocurrency for years. RWAs have the ability to hold critical pieces of data that prove important things about the underlying asset much quicker and more effectively than traditional systems. Good examples are Chainlink's usage to put NAV data on-chain for large CSDs and proof of reserve about the current state of an underlying asset. RWAs are in the very early stages of creating efficiency for their assets using onchain logic. As more of a fund’s administration/operations goes on-chain, you eventually get to huge increases in efficiency with even large decreases in the costs of operating a fund. For example, the placing of NAV data on-chain at faster rates than the current system can massively speed up the timeline on which you can redeem, lowering it from months to minutes, which has a large economic benefit.
@SergeyNazarov· about 1 year agoVery excited to see Chainlink live on mainnet with Fidelity International and Sygnum Bank for a tokenized fund. Having Net Asset Value (NAV) data on-chain is a key part of how tokenized funds work correctly on-chain. For the ecosystem as a whole, having a single standard across DeFi and TradFi for how to agree on a reliable source of net asset value, market prices, reference data, proof of reserves, Identity data, AI issued data and many other types of data, is a key building block for the transition of TradFi on-chain. If both DeFi and TradFi utilize Chainlink as their way for data to flow into and power their smart contracts, then Chainlink's data standards become global standards. As CCIP becomes an increasingly adopted approach for cross-chain in capital markets, Chainlink also becomes a way for cross-chain to work correctly for both value and data.
@SergeyNazarov· about 1 year agoRT @chainlink: Chainlink solved the problem of flash loan oracle attacks over five years ago when it launched on mainnet. However, DeFi protocols continue to use oracle designs that leave themselves unnecessarily exposed to the risk of exploit. https://t.co/5Or0jvhm3W
@SergeyNazarov· about 1 year agoRT @chainlink: Today’s stock market issues with BRK.A and other assets highlight the need for an onchain financial system—one backed by decentralized infrastructure that eliminates single points of failure and reduces systemic risk across the global economy. #TheFutureIsOn https://t.co/ymtPxfZ7BX
@SergeyNazarov· about 1 year agoProud that Chainlink is being used to take our industry to the next level by merging the traditional financial system with the blockchain industry, to everyone's benefit. Excited for Chainlink to be relied on by a growing user base of leading financial institutions, financial market infrastructures, and eventually even central banks. Bloomberg interview: https://t.co/pNrlmil1xf
@SergeyNazarov· about 1 year agoRT @chainlink: We’re excited to share the results of a new Smart NAV industry pilot between @The_DTCC, Chainlink, and 10 of the world’s largest financial institutions that delivered key mutual fund data onchain. Full report: https://t.co/ob3K0s4g86 The significance for fund tokenization 🧵 https://t.co/74zocXa2s0
@SergeyNazarov· about 1 year agoAs the amount of bank chains rapidly increases, all of the smart contracts on those chains will need data to generate their real world assets and connectivity to transact across hundreds of different chains. Chainlink is the only platform that provides both in one solution. Video: https://t.co/Y40YX0aXjn Slides: https://t.co/bZ3bMp5VL1
@SergeyNazarov· over 1 year agoAfter spending the last few months visiting and speaking to many of the largest central banks, commercial banks and financial market infrastructures, across the world's top financial centers of New York, London, Sydney, Singapore, Hong Kong, Riyadh and now Dubai/Abu Dhabi, it is now clear to me that the transition of the global financial system into the blockchain/smart contract format, enabled by oracle networks, is well underway and in my opinion, inevitable. https://t.co/mY68A7KgBF
@SergeyNazarov· over 1 year agoExcited to have been back in Hong Kong this month. Seeing continued growth in web3 adoption and capital markets usage of blockchain technology. We held a great meetup with speakers like Duncan Chiu from the legislative council and I got the chance to meet some of the most senior folks in the financial community there. I'm looking forward to being back there later this year for SmartCon 2024: https://t.co/TBdyIK0XC6 Full Hong Kong Web3 festival presentation: https://t.co/cqvXhr7f8d Slides: https://t.co/MGqFG7I96v
@SergeyNazarov· over 1 year agoBuilding critical infrastructure for the future of how all agreement works is something I am lucky to be doing. If you see Web3 as the future of the internet and real world asset tokenization/digital assets as the future of the global financial system, then you should seriously consider joining me in working on building Chainlink. Chainlink Labs is adding over 100 engineers and many other key team members to help build this world; https://t.co/qWpXygKlUN
@SergeyNazarov· over 1 year agoRT @TradeTalks: .@chainlink Co-Founder, @SergeyNazarov joined @JillMalandrino to discuss the future of tokenization and interoperability. https://t.co/5f5JzjC0qj
@SergeyNazarov· over 1 year agoI am also seeing the world's largest asset managers actively moving towards creating real world assets/digital assets that need decentralized oracle networks for data, off-chain computation and cross-chain connectivity. Learn more here from a great conversation with Sandy Kaul from Franklin Templeton: https://t.co/EplMorAaix
@SergeyNazarov· over 1 year agoThe Bitcoin ETF is just the very early stages of the movement of all the global financial system's value into a real world assets/digital assets tokenized format. This next stage of the capital markets evolution will require decentralized oracle networks as a key building block/key infrastructure, just like DeFi required decentralized oracle networks to come into existence. Chainlink provides the critical infrastructure to make this shift towards RWA technically possible and reliable.
@SergeyNazarov· over 1 year ago.@chainlink is already working with many of the top asset managers on driving this shift towards on-chain assets that are provablybacked by reliable data. The same security that Chainlink has created for DeFi, will be highly relevant to this next generation of capital markets. One great example is Ark/21Shares use of Chainlink Proof of Reserves; https://t.co/ByGi5OTuyV
@SergeyNazarov· over 1 year agoRT @FCATalyst: Parth & Jack welcomed @Chainlink's @SergeyNazarov to the #FCAT Crypto Brief to discuss: ✅ Chainlink’s role in crypto space ✅ Oracle networks ✅ Transition to tokenized assets ✅ Cross-chain security & beyond Available at https://t.co/WXrdXNosmn & anywhere you get your podcasts https://t.co/MI29ZpBZv5
@SergeyNazarov· over 1 year agoThe uses of Decentralized Oracle Networks goes far beyond DeFi; anywhere that off-chain verification of data, computation or connectivity is needed to solve security or trust issues, Chainlink will have a role to play.
@SergeyNazarov· over 1 year agoInevitable
@SergeyNazarov· over 1 year agoIt's clear that the world's largest financial market infrastructures see a huge opportunity emerging from the DLT/Blockchain industry's ability to connect counterparties around various forms of RWA tokenization. Learn more in the recent podcast with SWIFT and Euroclear here: https://t.co/B0bs5vaOKn Real world asset tokenization of carbon credits, real estate and private equity funds are just some of the use cases I am seeing get more adoption. I expect Chainlink to play an increasingly larger role in not only enabling Web3 use cases on public chains to take off, but also many institutional use cases on permissioned chains. If both public chain smart contracts and permissioned bank chain smart contracts are powered by Chainlink, then it would emerge as the global standard for how on-chain transactions end up occuring across both public and permissioned chains.
@SergeyNazarov· over 1 year agoCross-chain connectivity is really just another form of data transfer: dealing with messages/commands as data moving between smart contracts on various chains and the movement of tokenized value as a very specific type of data between the same set of smart contracts on various chains. Chainlink is the longest running, provably most secure, and most robust set of security mechanisms for validating any kind of data that touches a blockchain in any way. It can be from existing data systems sending a query response, payments systems proving a payment has occurred, or blockchains sending data about smart contract events and/or tokens to other chains. The security that the Chainlink Network has created by enabling over $9.3 Trillion in transaction value is immediately applicable to the cross-chain data validation and security problems. Chainlink solving the oracle problem also solves the cross-chain problem, along with many other problems for the secure, scalable, and interoperable use of smart contracts. CCIP has been built with many of the innovations of Chainlink applied to this cross-chain data validation and security problem. This security has already been evaluated by many top web3 developers and leading institutions, meeting their high standards for reliability, security, and scalability. Learn more about just some of these features below:
@SergeyNazarov· over 1 year agoExcited about the year ahead for Chainlink. Becoming a platform that gives developers secure access to all kinds of data, various trust-minimized off-chain compute and widely cross-chain connectivity all in one time tested security model puts Chainlink in a class of its own. Also very excited about where the capital markets side of the blockchain industry will be going this year, with a personal belief that TradFi will eventually become the largest user/liquidity source of DeFi. Wishing a great year ahead to our community, users and the entire blockchain industry. Exciting times ahead.
@SergeyNazarov· over 1 year agoRT @CoinDesk: "People are waking up to the realization that our current system is built on paper," @SergeyNazarov says. So the @Chainlink co-founder is bringing TradFi on-chain, @Aoyon_A writes. That's why Nazarov is on CoinDesk's #MostInfluential2023: https://t.co/25wAaGzBUl
@SergeyNazarov· over 1 year agoRT @chainlink: v0.1 stakers: You can now migrate to v0.2 with guaranteed access until Early Access begins on 12/7 at 12PM ET. Once Early Access starts, eligible stakers can enter the pool on a first-come, first-served basis. Migrate your v0.1 staked LINK now👇 https://t.co/tGYtaF0Fhh
@SergeyNazarov· over 1 year agoChainlink is a platform that has now gone far beyond being the leading source of decentralized data, becoming a leading method for off-chain trust-minimized computation and now on its way to becoming the leading cross-chain connectivity standard across both Web3 and TradFi/Banks. All of this is powered by the decentralized oracle network (DON) method pioneered by Chainlink, forming the basis of $9,000,000,000,000+ in transaction value enabled so far. This foundation continues to see new types of oracle networks emerge, and I do strongly feel that the oracle network model can encompass all of the data, computations, and connectivity that needs to be made trust-minimized and verifiable outside of a blockchain. Combining Chainlink DONs with Smart Contracts on 1000s of various chains is how we get to a scalable, feature rich, and truly main stream verifiable web/Web3 world.
@SergeyNazarov· over 1 year agoRT @chainlink: #Chainlink Staking v0.2 is officially live on mainnet ⬡ Starting today, existing v0.1 stakers have a nine-day window to migrate their staked LINK and accrued rewards to the 45M LINK v0.2 pool, with guaranteed access before Early Access begins. 🧵 https://t.co/ZURLWdZIfv
@SergeyNazarov· over 1 year agoRT @chainlink: 1/ Cross-chain security isn't a nice-to-have—it's a necessity for all chains and protocols that want to keep their user funds secure. How CCIP achieves the highest level of security 🧵
@SergeyNazarov· over 1 year agoRT @RealVision: The future of #Chainlink 🚀 Yesterday @AshBennington joined forces with @chainlink founder, @SergeyNazarov for a fascinating look at the latest developments at Chainlink. What did we learn? Let’s break it down… A 🧵👇 (1/9)
@SergeyNazarov· over 1 year agoThe Constellation hackathon is starting tomorrow: https://t.co/YNkH2SJZXq. We've seen many great teams come together to build next-generation smart contracts at past hackathons. We are also now seeing teams get funded and grow far past the hackathon. With the addition of CCIP to what you can build with, we are now giving developers the ability to make truly next generation smart contracts across multiple chains. I'm very excited to see what developers build by combining the various capabilities of the Chainlink DONs. Combining validated offchain data, with trust-minimized compute and secure cross-chain connectivity is how I believe many of the next great decentralized applications/smart contracts will emerge.
@SergeyNazarov· almost 2 years agoWhile all oracles may appear like just oracles, we know from experience and onchain data that they are not. Chainlink is being built to resist manipulation, while other oracles for data, decentralized automation and cross-chain services actually seem to be built with value extraction from unsuspecting users as a planned strategy. If we're trying to build a better global financial system that consumers and institutions can put their faith in, it might be a good idea to build high integrity markets and avoid building systems that are expressly made to rebuild the rigged casinos of the past.
@SergeyNazarov· almost 2 years agoToday's world is unverifiable, largely probabilistic and prone to misrepresentation of key facts, with brands falsifying records and making promises that they are not able to keep via any systematic method. This is why situations like SVB, Lehman, Enron and many others are possible, as well as why they will unfortunately continue to happen. Our industry is creating a verifiable, deterministic and cryptographically guaranteed world, where every system someone joins can be verified before they join, is forced to share all the facts with them as they occur, and will work as they expect it to in a deterministic way. This change in the world is what all of our industry's work is about, and something I am personally proud to be a part of bringing into the world.
@SergeyNazarov· almost 2 years agoThis year’s Sibos conference proved to me that the desire and the demand from financial institutions to integrate blockchain technology is not only real, but here right now.After speaking to many of the largest central banks and private banks, financial market infrastructures, central securities depositories, and more, it’s never been more clear to me that the global financial ecosystem is moving into an onchain format at an accelerating pace. But there are three key challenges financial institutions will face:Connecting their existing systems to blockchainsTransacting with tokenized assets across any public or private blockchainKeeping all of those tokens updated with critical data as they move across chainsWith one seamless and secure integration, CCIP helps solve these problems for capital markets and abstracts away the complexities that have prevented banks from integrating blockchain technology at scale. Only CCIP achieves the full five levels of cross-chain security and decentralization that financial institutions are likely to need for safely managing quadrillions of dollars in asset flow and bringing global markets onchain.Forward-looking institutions and market infrastructures like Swift, DTCC, Euroclear, and ANZ already have a first-mover advantage by demonstrating how CCIP serves as the abstraction layer to connect to any blockchain and modernize transaction fulfillment. I expect that as initiatives such as these eventually reach production, the adoption of onchain finance will only accelerate.
@SergeyNazarov· almost 2 years agoAs Australia and New Zealand Banking Group (ANZ), one the world’s largest global banks with over $1 trillion in total assets under management, demonstrates the use of CCIP for secure cross-chain stablecoin transactions, the role of Chainlink and CCIP as a standard for interbank transactions for stablecoins and tokenized real world assets is becoming a reality: https://t.co/nONl4L0cfK
@SergeyNazarov· about 2 years agoChainlink’s principled approach to secure systems design is the reason why it is rightly credited for helping unlock DeFi’s full potential. We have now applied this principled design approach to the cross-chain problem with CCIP, leading to more advanced cross-chain applications and the Internet of Contracts.Web3 has a unique opportunity to create the next generation financial system that can be based on conflict-of-interest free applications, cryptographic guarantees, and multiple layers of decentralization. DeFi is an early version of this direction that will only offer a better financial system if applications are able to prove these key properties by using secure, verifiable, and cryptographically-guaranteed infrastructure.Secure and easy to integrate connectivity between multiple chains using CCIP will only accelerate this opportunity as more value flows between various smart contracts, across both public chains and private bank chains. The internet of contracts and all the value that it makes accessible to DeFi applications is the next stage in the entire blockchain industry's growth.
@SergeyNazarov· over 2 years agoWe do not choose the times we live in, all we can do is choose how we respond to them. Technology gives us new and better ways to respond to old challenges that may have previously been impossible to solve. Cryptographic guarantees are a way we can solve many old challenges.
@SergeyNazarov· over 4 years agoAn increasing number of on-chain price oracles are being exploited via flash loans, as a way to easily manipulate prices used in DeFi contracts. Developers, please be aware of these risks as detailed in various posts from us here: https://t.co/AlPCU76mza https://t.co/ssCnMq2LBM
@SergeyNazarov· about 8 years ago@sama imagine if we could all have invested in Linux, SSL, or HTTP with a token that incentivized their development, now that would have been fun.
KOLs
@chainlink· over 1 year agoGlobal markets are moving to decentralized financial market infrastructure (dFMI)—blockchains, smart contracts, and #Chainlink—to become more efficient, resilient, and secure.@SergeyNazarov on dFMI ⬇️ https://t.co/S0X7LZBhBu
@LinkWell_Nodes· over 1 year agoRT @SergeyNazarov: Building critical infrastructure for the future of how all agreement works is something I am lucky to be doing. If you see Web3 as the future of the internet and real world asset tokenization/digital assets as the future of the global financial system, then you should seriously consider joining me in working on building Chainlink. Chainlink Labs is adding over 100 engineers and many other key team members to help build this world; https://t.co/qWpXygKlUN
@LinkWell_Nodes· over 1 year agoRT @ChainlinkToday: “Chainlink is a system for making oracle networks about anything you want." @SergeyNazarov explained how #Chainlink’s core security guarantees can be configured to secure virtually any bridge, data, or computation on the Bell Curve podcast. https://t.co/aO9SLPQSMw
@ChainlinkToday· over 1 year ago“Chainlink is a system for making oracle networks about anything you want." @SergeyNazarov explained how #Chainlink’s core security guarantees can be configured to secure virtually any bridge, data, or computation on the Bell Curve podcast. https://t.co/aO9SLPQSMw
@LinkWell_Nodes· over 1 year agoRT @chainlink: Join @aave's @StaniKulechov and #Chainlink's @SergeyNazarov as they discuss how tokenized assets are redefining global finance. 🔥 Fireside chat 🏙️ London 🗓️ 3/18 Attend to understand key opportunities for dApps, devs, and users👇 https://t.co/LADPt9dOqB https://t.co/dP6IbEZl0q
@chainlink· over 1 year agoJoin @aave's @StaniKulechov and #Chainlink's @SergeyNazarov as they discuss how tokenized assets are redefining global finance. 🔥 Fireside chat 🏙️ London 🗓️ 3/18 Attend to understand key opportunities for dApps, devs, and users👇 https://t.co/LADPt9dOqB https://t.co/dP6IbEZl0q
@SergeyNazarov· over 1 year agoRT @TradeTalks: .@chainlink Co-Founder, @SergeyNazarov joined @JillMalandrino to discuss the future of tokenization and interoperability. https://t.co/5f5JzjC0qj
@TradeTalks· over 1 year ago.@chainlink Co-Founder, @SergeyNazarov joined @JillMalandrino to discuss the future of tokenization and interoperability. https://t.co/5f5JzjC0qj
@PledgerFinance· over 1 year agoSergey Nazarov, the founder of Chainlink, clarifies that a Bitcoin ETFs is only the initial stage in providing the global financial system with familiar and secure payment channels for Bitcoin. #SergeyNazarov #Chainlink #BitcoinETF #ETFs #CryptocurrencyInfluencers #Finance https://t.co/h6e9l0XvqH
@chainlink· over 1 year agoEarlier today, #Chainlink Co-Founder @SergeyNazarov appeared on Bloomberg @Crypto to explain why Bitcoin ETFs are a watershed moment for crypto, how asset managers are approaching tokenization, and the fundamental value of DeFi. Watch the full video: https://t.co/SbZRP6g8M5 https://t.co/LUxhG2urWH
@SergeyNazarov· over 1 year agoRT @FCATalyst: Parth & Jack welcomed @Chainlink's @SergeyNazarov to the #FCAT Crypto Brief to discuss: ✅ Chainlink’s role in crypto space ✅ Oracle networks ✅ Transition to tokenized assets ✅ Cross-chain security & beyond Available at https://t.co/WXrdXNosmn & anywhere you get your podcasts https://t.co/MI29ZpBZv5
@FCATalyst· over 1 year agoParth & Jack welcomed @Chainlink's @SergeyNazarov to the #FCAT Crypto Brief to discuss: ✅ Chainlink’s role in crypto space ✅ Oracle networks ✅ Transition to tokenized assets ✅ Cross-chain security & beyond Available at https://t.co/WXrdXNosmn & anywhere you get your podcasts https://t.co/MI29ZpBZv5
@chainlink· over 1 year agoIn this new #Chainlink 2024 outlook, Co-Founder @SergeyNazarov covers: • Top priorities in 2024 • CCIP’s traction in capital markets • Why the verifiable web is inevitable • Chainlink’s evolving economics Where Chainlink is going this year ⬇️
@SergeyNazarov· over 1 year agoRT @CoinDesk: "People are waking up to the realization that our current system is built on paper," @SergeyNazarov says. So the @Chainlink co-founder is bringing TradFi on-chain, @Aoyon_A writes. That's why Nazarov is on CoinDesk's #MostInfluential2023: https://t.co/25wAaGzBUl
@CoinDesk· over 1 year ago"People are waking up to the realization that our current system is built on paper," @SergeyNazarov says. So the @Chainlink co-founder is bringing TradFi on-chain, @Aoyon_A writes. That's why Nazarov is on CoinDesk's #MostInfluential2023: https://t.co/25wAaGzBUl
@SergeyNazarov· over 1 year agoRT @RealVision: The future of #Chainlink 🚀 Yesterday @AshBennington joined forces with @chainlink founder, @SergeyNazarov for a fascinating look at the latest developments at Chainlink. What did we learn? Let’s break it down… A 🧵👇 (1/9)
@RealVision· over 1 year agoThe future of #Chainlink 🚀 Yesterday @AshBennington joined forces with @chainlink founder, @SergeyNazarov for a fascinating look at the latest developments at Chainlink. What did we learn? Let’s break it down… A 🧵👇 (1/9)
@chainlink· almost 2 years agoFrontrunning. Information asymmetry. Conflicts of interest. @SergeyNazarov on the wolf in sheep's clothing attack: https://t.co/me60ZLUD1b
@TOMNTOMS_COFFEE· almost 2 years agoRT @chainlink: Korean projects and companies are going full steam ahead with Web3 adoption. With the growing demand for Web3 services, some of the largest companies and projects in the country are joining the #Chainlink ecosystem ⬇️ Channel Partners: @AhnLab_ABC @Blocko_io @Daehongofficial @DeSpreadTeam @fingerlabs_io @luniverse_io @OnePlanet_NFT @TeamIntella @Xangle_official Chainlink BUILD Members: @AkronFinance @altverseai @KONNECT_KCT @K3Kingdoms @LUXON_official @Neutrafinance @plexus_fi Integrations: @FruttiDino @hellobot_NFT @MaplestoryU @Meoaofficial @mycreditchain @NFTND_official @TOMNTOMS_COFFEE @Official_Tracer Join @SergeyNazarov, the @ChainlinkLabs team, and the Chainlink community in Korea from September 4-10 at Korean Blockchain Week (@kbwofficial) at the following events ⬇️
@chainlink· almost 2 years agoKorean projects and companies are going full steam ahead with Web3 adoption. With the growing demand for Web3 services, some of the largest companies and projects in the country are joining the #Chainlink ecosystem ⬇️ Channel Partners: @AhnLab_ABC @Blocko_io @Daehongofficial @DeSpreadTeam @fingerlabs_io @luniverse_io @OnePlanet_NFT @TeamIntella @Xangle_official Chainlink BUILD Members: @AkronFinance @altverseai @KONNECT_KCT @K3Kingdoms @LUXON_official @Neutrafinance @plexus_fi Integrations: @FruttiDino @hellobot_NFT @MaplestoryU @Meoaofficial @mycreditchain @NFTND_official @TOMNTOMS_COFFEE @Official_Tracer Join @SergeyNazarov, the @ChainlinkLabs team, and the Chainlink community in Korea from September 4-10 at Korean Blockchain Week (@kbwofficial) at the following events ⬇️