If you still doubt onchain is the next online, you’re missing it.
Case in point – the DTCC’s SmartNAV.
A summary:
Chainlink announced an industry pilot with The DTCC and 10 of the world’s largest financial institutions leveraging Chainlink CCIP.
—
The DTCC is a massive
1/ NFTs can be more than just static jpegs on a blockchain.
Dynamic NFTs provide a canvas for real-world utility.
A few dynamic
#NFT
(
#dNFT
) use cases:
11 Things you can build with the new
#Chainlink
Functions
1/
@OpenAI
API
Create a smart contract that asks an AI for a daily investment recommendation and then makes that trade.
1. Sony's new chain Soneium chooses Chainlink as its premier launch partner
2. Sygnum and Fidelity International partner with Chainlink to provide data for Fidelity's $6.9B fund
3. Superstate integrates Chainlink infrastructure
7 ways Chainlink CCIP will change the world
1/ Tokenized assets aka. RWAs (real-world assets)
Offchain assets → represented by tokens → seamlessly and securely exchanged across any blockchain
2/ The next step in the evolution of
#NFTs
is just getting started.
a dynamic NFT is an NFT that can change based on external conditions.
Changes to the NFT metadata are encoded in the smart contract that updates when predefined conditions are met.
Chainlink is now so much more than just middleware.
Ready to supercharge the coming wave of Web3 apps, RWAs, and onboard traditional finance to blockchains.
New products launched this year on the
@chainlink
Platform:
1/ CCIP (Cross-Chain Interoperability Protocol)
1/ Tokenization of real-world assets is a multi-trillion-dollar opportunity for
#Web3
And it's just getting started...
Making these assets programable is a key step to moving global trade to blockchains:
6/
#BlockchainGaming
projects can create dNFTs representing in-game characters that automatically update.
Like when the player has logged a specific amount of time played or achieved other player progression milestones.
3/ NFTs can be programmed in an infinite number of ways.
For example, your
#teslamodel3
from
@elonmusk
can be tokenized as a dNFT with metadata updated to reflect its service records, mileage, accident report, market value, and more.
DeFi < RWAs *we are here* < Global Onchain Finance
We wouldn't be here and we won't get to the next phase without the Chainlink Platform.
Interoperability
Data
Computation
$15 Trillion of transactional value enabled.
The global standard.
Chainlink CCIP is now live on
@zksync
mainnet to power secure, seamless blockchain interoperability.
Here's how CCIP unlocks a new wave of cross-chain innovation for
#ChainlinkScale
member ZKsync ⬇️
Finally. Peace of mind cross-chain bridging.
Introducing Transporter…
Built to enable users to transfer tokens and crypto across a variety of blockchains, with many more to come.
Built in association with the Chainlink Foundation, with support from Chainlink Labs.
Built
We are excited to introduce
@transporter_io
, the next evolution in cross-chain bridging, powered by
#Chainlink
CCIP.
Transporter is your gateway to the multi-chain universe.
Cross chains with confidence:
Chainlink Product Showcase | Q1 2024
• CCIP recap: GA launched – any dev can build with CCIP, Transporter bridging app launched, new token transfer mechanism enabling ETH launched, huge growth +4000% in cross-chain volume.
• Major integrations with Telefonica (Chainlink
Solv Protocol– the largest Bitcoin staking platform integrated Chainlink CCIP.
SolvBTC ($1.1B TVL) is now a CCIP-Enabled Token.
1/7 What is BTCFi aka Bitcoin DeFi? 🧵
.
@FireblocksHQ
and Chainlink Labs announce strategic collaboration to accelerate regulated stablecoin issuance.
Fireblocks and
#Chainlink
will provide an end-to-end tech solution for institutions to issue and transact regulated stablecoins.
Chainlink Data Streams and VRF are now officially live on
@base
.
With these latest integrations, all
#Chainlink
services are now live on Base, making the Chainlink Scale partner incubated by
@coinbase
fully platformed on Chainlink.
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.
Do you have adequate reserves for your stablecoin or tokenized asset?
Prove it.
Even better, programmatically prove it – by restricting the minting smart contract to only mint new tokens when reserves are sufficient, like
#TUSD
did.
.
@tusdio
has integrated
#Chainlink
Proof of Reserve directly into the minting function for
#TUSD
, an industry-first for USD-collateralized stablecoins.
This marks a major milestone for
#stablecoin
transparency.
The solution to this problem is
#Chainlink
data feeds.
Chainlink Data Feeds aggregate from multiple data sources across multiple nodes.
So there is no single point of failure.
The future of markets belongs onchain.
Blockchains + smart contracts + Chainlink
Chainlink CCIP's innovative security design
Future-proof and secure enough to handle trillions+
1. Decentralization -- CCIP has 3 separate oracle networks responsible for confirming three separate aspects of all transactions.
2. Risk Management Network -- adds even more
Chainlink has come a long way since 2019.
Look around the industry, and you'll see very few projects that have achieved a 5-year mainnet milestone while continuing towards a real objective and vision.
Congrats to Chainlink and the Chainlink Community.
5 years ago today,
#Chainlink
launched on mainnet.
From powering DeFi to working with the largest financial institutions across the globe, Chainlink has become the standard for connecting data and value onchain.
But this is only the beginning.
.
@MetisL2
is now using
#Chainlink
CCIP as its canonical cross-chain infrastructure in production.
Explore the transformational cross-chain use cases unlocked by CCIP ⬇️
🎬 Mathias Imbach, Sygnum's Co-Founder and Group CEO, talks about our partnership with
@chainlink
"This partnership is enabling an important aspect needed to scale tokenization by bringing assets net asset value on chain,” Mathias Imbach says.
"Tokenization has not yet reached
Synthetix Spartan Council just voted to integrate
#Chainlink
Data Streams in V3 on Arbitrum. This is a big deal. Further proving Chainlink is the industry-leading pull-based oracle for hyper-reliable AND low-latency financial market data.
Looking forward to this Cross-Chain Interoperability Protocol (CCIP) deep dive.
CCIP is known for its defense-in-depth security -- which is critically important for our industry to onboard the next 100+ million active users.
Join us TOMORROW for a very special Chainlink Demo Day in the Optimism Discord at 4pm UTC.
You’ll hear from Michael Robinson of
@Chainlink
Labs about CCIP’s features, use cases, defense-in-depth security and the Risk Management Network.🫡
Big $ movers choose Chainlink CCIP.
Because CCIP is secure. It's the best way to securely move large $ amounts of crypto cross-chain.
Backed by the same Chainlink Networks that have securely enabled $15 Trillion of transactional value.
It's the interoperability solution chosen
“Chainlink's Cross-Chain Interoperability Protocol (CCIP) is a major innovation that has the potential to transform interoperability,” noted
@DeloitteFrance
in a new industry report exploring DLT and capital markets.
Already, CCIP is driving “the tokenization and migration of
Chainlink is working with
@swiftcommunity
and more than a dozen major financial institutions on experiments to enable connectivity to and interoperability across public and private blockchains:
These experiments are a significant step forward from the
Chainlink CCIP is the standard for cross-chain communication
Enabling the cross-chain strategy for Aave's GHO stablecoin
-Enhanced accessibility and liquidity
-Improved user experience via faster txns & lower costs
-Increased utility via projects integrating GHO
Aave 🤝
The
@aave
community just voted in favor of integrating
#Chainlink
CCIP into their native stablecoin GHO for secure cross-chain transfers, beginning with an expansion to
@arbitrum
.
We're excited to support the cross-chain growth of the Aave protocol.
Chains continue to choose Chainlink CCIP as their canonical infra -- Metis, Wemix, and now Celo.
By using Chainlink CCIP users and developers alike benefit from
1) greater cross-chain security
2) elimination of fragmentation and liquidity challenges
3) introduction of greater
#Chainlink
SCALE partner
@Celo
has integrated Chainlink CCIP as its canonical cross-chain infrastructure.
See how Chainlink is accelerating innovation across Celo’s blockchain ecosystem:
.
@Soneium
—a next-gen blockchain by
#Sony
Block Solutions Labs—is joining the
#ChainlinkScale
program, with Chainlink Data Feeds now live on Soneium Minato Testnet.
Soneium will also integrate Chainlink CCIP as its canonical cross-chain infrastructure.
Today during Kemal's product keynote
-New product Chainlink Data Streams now live on mainnet
-Chainlink Automation 2.0 now live on mainnet
-Chainlink Functions Beta now live on mainnet
-80+ projects integrating Chainlink CCIP
-70+ BUILD members
-New Chainlink Developer Hub
Imagine assets limited to wealthy investors becoming available to anyone with an internet connection…
Blockchains can enable this.
1/ How to tokenize an asset (high-level explainer)
Every tokenized asset and RWA will need interoperability, data, and compute.
Chainlink is the only platform in the industry that offers all 3 of these things out of the box.
The industry-standard for Developers, DeFi, and TradFi.
As a smart contract developer, you’ll explore ideas more quickly and build them more securely. Web2 devs (30M vs 100K Web3 devs) will ramp up in a heartbeat. Smart contract auditing, a huge bottleneck, will be 99% automated, making everyone in the industry more productive.
People often debate "when will Web3 get the killer app?"
This is it.
A killer application is any app that is so necessary or desirable that it proves the core value of some larger technology (in our case blockchain).
Aave is it.
And it's so simple:
>Learn to self-custody
Yesterday, the GHO stablecoin by
@aave
officially went cross-chain after integrating with the industry standard Chainlink CCIP.
This extends GHO’s reach and utility beyond Ethereum to the rest of the DeFi landscape, starting with Arbitrum and more to come.
1. GHO is issued on
Aave's cross-chain GHO is officially live,
#PoweredByChainlink
CCIP starting with
@arbitrum
mainnet.
The
@aave
DAO voted for this integration with 100% approval.
11/
@twilio
API
Create a smart contract to send yourself notifications based on blockchain activity.
Get a Whatsapp message that your health factor on
@AaveAave
is running low.
All blockchains need Chainlink data.
One use case of Chainlink data is to bring more transparency to reserves.
This is being done for ETFs, RWAs, stablecoins, and more.
Security standards trusted by the world’s leading financial institutions, with an interface simple enough for any developer to integrate effortlessly.
Learn more about CCIP
Now is the best time to build and learn.
#Chainlink
Keepers will be core to the infrastructure of all advanced web3
#dApps
.
Learn how to harness the powers of smart contract automation.
Decentralized smart contract automation expands the
#dApp
design space and helps save critical developer time.
Learn how to automate your smart contract at this
#Chainlink
Keepers masterclass on 5/26, featuring a hands-on demo and an AMA with expert devs.
1/ Every brand will need an
#NFT
strategy.
Similar to how every brand needed an internet strategy in the early 2000s.
Some ways top brands have experimented with NFTs:
Our Chainlink booth stood out as one of the top designs at
#ETHDenver
. A huge round of applause to the incredible
@Chainlink
events team for their outstanding effort. They have undoubtedly set a new standard for Chainlink booth experiences!
T-systems
@deutschetelekom
is one of the many high-quality nodes powering Chainlink Data Feeds.
Telecoms began providing infrastructure for telephony (telephone towers and masts).
Then Web2 infra (optic cables and data centers).
Now they support
#Web3
as node operators.
We're excited to partner with
@deutschetelekom
and
@TMobile
on T-Challenge
#3
.
Participants build next-gen
#Web3
technologies that will impact millions of 5G customers, competing to win up to €600,000 in prizes in the process.
Join the challenge:
3/ Capital markets
CCIP will help transform Capital Markets, from the issuance of assets to clearing and settlements.
More cost-efficient
More secure
More transparent
7/ But how do we know if a tokenized asset’s backing is legit?
We need a way to securely connect real-world asset data to blockchains.
#Chainlink
is a protocol that solves this problem.
Today's
@UwU_Lend
hack leads to $19.4m loss.
The root cause is a price oracle issue. In particular, the sUSDe asset is priced as median from multiple sources. Five of them, i.e., FRAXUSDe, USDeUSDC, USDeDAI, USDecrvUSD, and GHOUSDe, were manipulated during the hack.
The stolen
Just under 400 smart contract developers sitting with
@thergdev
in the very first
#Chainlink
CCIP Bootcamp livestream 🔥
Follow along in the link below 👇