2024: The Year Web3 and Capital Markets Converge

馃攽 Web3 Meets Wall Street

By Chainlink
Apr 11, 2024, 6:05 PM
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Experts predict that 2024 could be a pivotal year for the convergence of Web3 and capital markets.​ Web3, the decentralized iteration of the internet built on blockchain technology, is expected to intersect with traditional finance, enabling the development of advanced decentralized applications (dApps) that leverage real-world data and systems.​ This convergence could drive widespread adoption of Web3 technologies and reshape various industries, including finance, supply chain management, and data exchange.​

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馃敀 Chainlink Launches Privacy Standard for Blockchain Transactions

**Chainlink has introduced a privacy standard that enables confidential smart contracts on any blockchain.** The solution addresses a critical barrier to institutional adoption: blockchain's default transparency. While transparency builds trust, it prevents institutions from protecting proprietary strategies and sensitive client data. **How it works:** - Computations run in trusted execution environments (TEEs) for privacy and performance - Decentralized oracle networks provide enhanced security - Advanced cryptographic techniques ensure verifiability Sensitive data and business logic remain fully confidential while maintaining proof that actions were executed correctly. This development enables institutions to leverage blockchain technology without compromising confidentiality, potentially accelerating enterprise adoption of Web3 infrastructure.

Chainlink Expands Across Major Platforms with Bank of England Partnership

Chainlink Expands Across Major Platforms with Bank of England Partnership

Chainlink recorded 12 new integrations across five blockchains this week, including BNB Chain, Ethereum, Polygon, Robinhood Chain, and Solana. **Key Developments:** - **Major Partnerships**: New integrations with [Ondo Finance](https://twitter.com/OndoFinance), [Polymarket](https://twitter.com/Polymarket), and [Robinhood](https://twitter.com/RobinhoodApp) - **Institutional Recognition**: Bank of England selected Chainlink for its Synchronisation Lab to support synchronized settlement between central bank money and onchain securities - **Regulatory Milestone**: CFTC appointed Sergey Nazarov to its Innovation Advisory Committee - **Market Expansion**: LINK futures launched on CME Group The Bank of England's Synchronisation Lab aims to demonstrate use cases for synchronisation in financial infrastructure. Ondo Finance adopted Chainlink as its official data oracle, enabling tokenized U.S. equities like QQQon and TSLAon to be used across Ethereum DeFi with institutional-grade data. These developments represent continued adoption of Chainlink's oracle services across traditional finance and crypto platforms.

Polymarket Launches 5-Minute Crypto Markets with Chainlink Data Streams

Polymarket Launches 5-Minute Crypto Markets with Chainlink Data Streams

Polymarket has expanded its rapid trading offerings by introducing 5-minute crypto markets, powered by Chainlink's infrastructure. This follows the success of their 15-minute markets launched in September 2025. **Key Features:** - Markets secured by Chainlink Data Streams - Supports hundreds of crypto trading pairs - Near-instant settlement capabilities - Live on Polygon mainnet The integration combines Chainlink Data Streams and Automation to accelerate market resolutions while maintaining robust security. This represents the latest development in Polymarket and Chainlink's ongoing partnership to enhance prediction market accuracy and speed.

馃攼 Live Classes: Confidential Computing & Private Transactions

**Two live technical workshops next week focus on privacy-preserving blockchain technologies:** - **Tuesday, 9AM ET**: [Making Confidential HTTP Requests with CRE](https://www.youtube.com/watch?v=lbojKfsM-94) - **Wednesday, 9AM ET**: [Making Private Transactions with Confidential Compute](https://www.youtube.com/watch?v=sfzY3iDJT5I) These sessions will demonstrate how to implement confidential computing solutions for secure data handling and private transaction execution in decentralized applications.

Chainlink Opens Privacy Standard for Developer Integration

Chainlink has announced that developers can now begin building with their new privacy standard. The initiative is being promoted through their hackathon schedule, signaling a push to expand privacy-focused development capabilities within the Chainlink ecosystem. **Key Points:** - Privacy standard now available for developer implementation - Integration opportunities through Chainlink's hackathon program - Aims to enhance privacy features for decentralized applications [Learn more and register](http://chain.link/hackathon/schedule)