Chainlink (LINK) co-founder Sergey Nazarov says main monetary establishments around the globe are primed to start out using his undertaking quickly.
Nazarov notes in a brand new YouTube video that the decentralized oracle community is arriving at a degree the place monetary establishments have been reaching out for assist with varied initiatives.
“At this level, I’ve been – between final 12 months and this 12 months up to now – virtually in all places. Final 12 months, we lined a whole lot of Asia, the Center East, Australia, most of the prime environments the place cryptocurrencies and blockchains are getting adopted. This 12 months, with the brand new stance on regulation within the US, we’re very closely masking all the US establishments along with persevering with to cowl these in Asia and the Center East.
So I can’t point out precise names, as a result of they wish to wait to announce, they’ve all these processes with NDAs (non-disclosure agreements). It’s a really tightly managed course of, however I’d say between final 12 months and this 12 months, we’re in varied phases of conversations with in all probability all the highest establishments in these geographies.
I believe that these prime establishments mainly wish to use the answer that solves all their issues, is utilized by the opposite top-tier banks and gamers, has all of the performance they need, whether or not that’s identification, information connectivity, orchestration.
And there’s actually no system apart from Chainlink that meets that prime customary.”
LINK is buying and selling at $14.50 at time of writing. The Sixteenth-ranked crypto asset by market cap is up greater than 5.5% up to now 24 hours.
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