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Weekly Wrap: Sergey Nazarov Says Chainlink's Facilitating A Seismic Shift In Global Finance - March 4 - March 10, 2024 Weekly Wrap: Sergey Nazarov Says Chainlink's Facilitating A Seismic Shift In Global Finance - March 4 - March 10, 2024

Chainlink News and Announcements

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In a recent interview with Nasdaq, TradeTalks, and Jill Malandrino, Chainlink Co-Founder Sergey Nazarov explained how essential. Chainlink oracle services make it possible to reformat all the world's value into a superior onchain global financial system.

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Looking for a past presentation, keynote, or podcast appearance by Sergey Nazarov? Our repository features all of Sergey's media content since 2019.

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What is the fundamental business value of blockchain interoperability through Chainlink CCIP? ChainlinkLabs' Niki Ariyasinghe explains what he's learned from conversing with 50+ leading financial institutions.

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At ETHDenver, Chainlinklabs' Michael Robinson and Circle's' Shamus Noonan discussed how Chainlink CCIP unlocks the full potential of stablecoins and tokenized RWAs on the path to bringing global finance onchain.

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At ETHDenver, Chainlink Labs' Global Head of Product, Industry, and Field Marketing, Chirag Dhull, joined Paul Fullarton, GM of Amazon Managed Blockchain at Amazon Web Services (AWS), and Sid Sanyal, VP of Engineering at Eigen Labs. They distilled Chainlink's security-first approach to giving developers the tools to build secure, reliable dApps, moderated by Blocccelerate founder and CEO Kate Laurence.

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We’re kicking off the 2024 multi-language, virtual Chainlink Bootcamp in April, a key Web3 developer event taught in English, Spanish, and Portuguese.

Here’s everything you need to know:

  • Where: Virtual—All sessions across the 10 days will be available on a virtual platform.

  • When: April 1-12

  • Why: Learn the basics of blockchain tech. Prepare for the upcoming Chainlink Hackathon.

Select your preferred language below to register:

  • Bitcoin. Ethereum. Chainlink.

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Three generations of innovation.

Data Streams Integrations

Chainlink Data Streams powers next-gen markets with accurate, decentralized, and sub-second price data.

CCIP Integrations

WEMIX built by major gaming developer Wemade has integrated Chainlink CCIP on the mainnet. WEMIX is using CCIP as its exclusive cross-chain solution to power a mega-ecosystem of games—starting with an omnichain version of popular MMORPG Night Crows.

Cakepie, a sub-DAO of Magpie, has integrated Chainlink CCIP to unlock secure cross-chain transfers of CKP. Learn more about why CCIP's industry-standard security features are vital for DeFi applications.

Parallel leveraged CCIP's arbitrary messaging functionality to build gas-efficient NFT lending by passing data from Chainlink NFT Floor Price Feeds from Ethereum to Avalanche. By using the Chainlink platform, Parallel could achieve a 50% reduction in gas fees and a 20% increase in pricing accuracy.

What’s New for Developers 🛠

Code audits are often used to signal a dApp's security to users. They're certainly important. But not all code audits are the same—and it's vital to understand what to look out for when reviewing code audits. Checkout these tips for gauging dApp security as a non-technical user.

Chainlink Automation is an ultra-reliable and performant smart contract automation solution enabling developers to quickly scale their operations in a verifiable, decentralized, and cost-efficient manner. Developers create and fund automation jobs (upkeeps) with LINK to enable the timely triggering of smart contract functions. Each time an Automation job executes onchain, a portion of the Upkeep's LINK balance is consumed. These fees are key to Chainlink’s economic sustainability, as they cover onchain transaction costs and provide an incentive to node operators to monitor and perform Upkeeps. Learn more.

Featured Videos & Educational Pieces 🎥

On the Smarter Securities podcast, Chainlink Co-Founder Sergey Nazarov outlines the 3 main benefits of tokenization for financial institutions. Listen to the full interview with Euroclear and Swift.

In conversation with MikeIppolito_, pythianism, and im_manderson on the Bell Curve podcast, Sergey Nazarov explained why Chainlink’s approach to meeting the security requirements of DeFi and TradFi is how CCIP will become a widely adopted standard.

"The obvious set of next steps is to take all of the value inside of these financial institutions and turn it into this new format"—Sergey Nazarov. FCAT Crypto Brief by Fidelity on tokenization and Chainlink.

“The market infrastructure on which we have been [managing assets] is fifty years old … there are ways [of using blockchain tech] to improve that tremendously”—Sandy Kaul of Franklin Templeton. Watch to see why “You’re going to see a lot of progress made in 2024.”

In a recent episode of the What the FinTech? Podcast Swift's Innovation Manager, Jack Pouderoyen, explained how Swift's PKI and Chainlink CCIP unlock a much quicker path to tokenized asset adoption for traditional financial institutions.

Three key problems CCIP's universal integration gateway solves for banks:

  1. Integration with offchain systems—banks can leverage their existing expertise and services

  2. Transferring tokens cross-chain securely—CCIP meets & exceeds institutional security standards

  3. Connecting to any chain—new tokenization platforms can be future-proofed. Hear more from Chainlinklabs' Niki Ariyasinghe.

What's next for the ARK 21Shares Bitcoin ETF and Chainlink Proof of Reserve? Join William Reilly live with 21Shares's Andres Valencia and Eliézer Ndinga and ARK Invest's David Puell as they dive into the recent Chainlink integration.

Euroclear—which underpins the movement of more than 1 million securities and processes the equivalent of the world's GDP every month—is looking to blockchain tech to "unlock more value."

The tokenization megatrend doesn't just impact finance. For example, real estate can be represented as dynamic NFTs with embedded data like identity, payment, & more verified using ZK proofs. How tokenization can transform the ~$29T real estate market. Learn more here.

The Risk Management Network is a defining feature of CCIP's defense-in-depth. Why independent risk management is fundamental to cross-chain security

It's more important than ever for users to understand the importance of using bridges that are underpinned by decentralized cross-chain infrastructure that provides level-5 security.

Ecosystem & Community Celebrations 👏

Upcoming Events 📅

Chainlink’s Community Grant Program empowers our ecosystem to create valuable resources that help accelerate the adoption of Chainlink-powered smart contracts. Apply for a grant today.

Are there other community content and celebrations that we missed? Please post them in the comments below! ⤵️


🏗️ Chainlink Automation’s Billing Model 🏗️ Chainlink Automation is an ultra-reliable and performant smart contract automation solution enabling developers to quickly scale their operations in a verifiable, decentralized, and cost-efficient manner. MOD 🏗️ Chainlink Automation’s Billing Model 🏗️ Chainlink Automation is an ultra-reliable and performant smart contract automation solution enabling developers to quickly scale their operations in a verifiable, decentralized, and cost-efficient manner.
r/Chainlink - 🏗️ Chainlink Automation’s Billing Model 🏗️ Chainlink Automation is an ultra-reliable and performant smart contract automation solution enabling developers to quickly scale their operations in a verifiable, decentralized, and cost-efficient manner.