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Chainlink recent updates and partnerships

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by COINS NEWS 50 Views

I just thought there were so many great developments in the last couple of weeks from Chainlink that are highly relevant to the entire crypto industry that I decided to aggregate here. There are literally no other crypto projects unlocking use cases the way Chainlink is right now. Hope this is helpful to some people.

Sibos 2024:

  • Chainlink announced preliminary results of an AI/blockchain product they've been working on with Euroclear, Swift, Franklin Templeton, Wellington, UBS, and nothers (other crypto projects involved - Hyperledger, Avalanche, Zksync)
  • Announced private transactions on CCIP (their interoperability protocol), piloted with ANZ ($1T AUM)
  • Payment abstraction mechanism going to audit - last piece of the payment puzzle for Chainlink services allowing people to pay in ANY token and it all gets converted to LINK on the back end via an AMM (Uniswap is the chosen AMM)

SmartCon 2024:

  • Chainlink Runtime Environment which allows self-service capabilities for devs to use their tooling in a modular way, allowing easy connections between defi and tradfi products
  • New CCIP token manager which allows anyone to come and launch a token across a large number of blockchains in minutes using Chainlink's new CTT token standard
  • Opening of DECO (private cross-chain transactions) sandbox
  • $3T AUM fund admin Apex Global & Chainlink to partner to onboard funds to CCIP, data feeds, proof of reserves, and more
  • Tron joins the Chainlink SCALE program

Other:

  • BNB Chain and Solana integrate data streams
  • Chainlink partners with LIDO to allow easy staking/restaking from a number of L2s via CCIP, along with 6 other LST/restaking protocols
  • Mesh ID service announced with Clear, SpaceandTime and Instruxi to allow private KYC automation to access tokenized RWAs
  • Hedera joins the Chainlink SCALE program
submitted by /u/OhWiseWizard
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