Institutions don't need an interop protocol. They don't need a price feed oracle. They don't want to be restricted to one chain. They don't even want to be restricted to just chains; They need composability with their existing financial networks like Swift, DTCC, Fednow, credit card networks, etc. because they clear and settle transactions offchain. They need end to end privacy. They need an automated compliance engine. They need identity verification. There is only one protocol that does all this. This is why Chainlink will become the dominant platform that the world's value builds with. CRE unlocks a new category of institutional-grade smart contracts, which are natively cross-chain, cross-system, privacy enhanced, connected to all the world's data, has a built in compliance engine, end to end privacy (yes, it turns public chains into privacy-enhanced ones), enables identity, and gives developers an execution environment where they can build all of this chain-agnostic code that is deployable onto all chains. You don't need to cobble together 5 different protocols to do all this. You don't need to worry about the trade-offs amongst the top 5 or top 10 chains to choose the single best one for you. You can be on all of them. This is the end-game of how future development, especially institutions coming onchain will look. Yet, people still don't even understand this exists today. They are debating which interop protocol or price feed is the best, or what's the single best chain to deploy on. These questions aren't even a thing in the new paradigm. $LINK
Only the Chainlink platform delivers the infra needed to scale onchain finance + onboard financial institutions & the hundreds of trillions in value they represent. @SergeyNazarov explains ↓
10.89K
199
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.