Chainlink's Sergey Nazarov: Private Smart Contracts Are the Final Missing Piece for Financial System Integration
Chainlink's Sergey Nazarov: Private Smart Contracts Are the Final Missing Piece for Financial System Integration
🔐 Final missing piece
Private smart contracts represent the last major component needed to fully integrate blockchain technology with traditional financial systems, according to Chainlink co-founder Sergey Nazarov.
Key developments:
- Chainlink Confidential Compute enables institutions to create private smart contracts on any blockchain
- The Chainlink Runtime Environment (CRE) provides the infrastructure foundation
- Major financial institutions require privacy for counterparties, deal terms, and sensitive data
Why this matters: Over 80% of global financial activity happens off-exchange and requires confidentiality. Traditional capital markets depend on private identity verification, compliance checks, and secure data access.
What Chainlink Confidential Compute unlocks:
- Private transactions with verifiable defaults
- Confidential access to data, APIs, and identity providers
- Privacy-preserving tokenization and cross-chain settlement
- Platform-level privacy for institutional-grade operations
This technology addresses the fundamental privacy requirements that have prevented large-scale institutional adoption of blockchain infrastructure in traditional finance.
"Chainlink opens the door for you." At SmartCon 2025, leaders from Chainlink Build projects @Brickken, @Dolomite_io, @TRUFNETWORK by @truflation, and @spaceandtime discussed the significant impact joining the Build program had on their protocol's success ↓
"If we want to bring banking and capital markets onchain, we need to solve privacy ... This is where our newest building block comes into the picture, Chainlink Confidential Compute." At SmartCon 2025, Lorenz Breidenbach, Head of Research at Chainlink Labs, introduces Chainlink
“Standards are going to be critical to ensure we can all interoperate and work at the same level”—Nadine Chakar, Global Head of Digital Assets, DTCC. Leaders from DTCC, Citi, Taurus, & Chainlink discuss what’s needed to create a unified digital asset ecosystem ↓
If you can’t avoid exposing private data. If you can’t privately run workflows across chains. If you can’t privately manage counterparties, roles, and permissions. You can't have onchain capital markets. Chainlink Confidential Compute is the missing piece.
With Chainlink Confidential Compute, you get: • Private smart contracts as a new industry primitive • A privacy-preserving data economy • Compliance adherence with selective data disclosure • Confidential interoperability The result: Institutional onchain finance at scale.
“CRE becomes invaluable because we have all these moving parts—Proof of Reserves, real-time NAV, CCIP … that becomes the orchestration layer … and you create one ecosystem that’s seamlessly connected, and without CRE, that really has not been possible.” Cory Pugh, CEO of
“Tokenized assets should be as frictionless as sending an email.” At SmartCon 2025, leaders from Banco Inter, Hadron by Tether, Bridgetower Capital, and Kiln discuss how the Chainlink Runtime Environment (CRE) simplifies onchain development for TradFi & DeFi ↓
"We're looking to tokenize our $100 trillion in assets"—Daniel Doney, CTO of Digital Assets at DTCC. At SmartCon 2025, leaders from Euroclear, DTCC, and EY discuss the massive opportunity of upgrading financial market infrastructure using blockchains and secure interoperability
State Street's Chief Product Officer Donna Milrod and Chainlink explore crypto's evolution from early-stage innovation to financial infrastructure for the next generation of global markets at SmartCon 2025 ↓
“All modern digital infrastructure critically depends on the cryptographic schemes and cryptographic keys we use within those systems.” At SmartCon 2025, Chainlink Labs’ Research Engineer Philipp Schindler discussed how Chainlink DKG & decentralized secrets management enhance
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Scaling onchain finance requires a globally agreed-upon interoperability standard. Hear Ryan Rugg, Head of Digital Assets at Citi's Treasury and Trade Solutions, explain at SmartCon 2025 ↓
“Standards are going to be critical to ensure we can all interoperate and work at the same level”—Nadine Chakar, Global Head of Digital Assets, DTCC. Leaders from DTCC, Citi, Taurus, & Chainlink discuss what’s needed to create a unified digital asset ecosystem ↓
“Standards are ... foundational for the interoperability of fast-moving players.” At SmartCon 2025, leaders from Swift, GLEIF, Chainlink Labs, & GBBC explored how secure standards are unifying fragmented ecosystems into a seamless digital asset economy ↓
NEW: CHAINLINK AT THE FEDERAL RESERVE Just now, @SergeyNazarov joined key decision makers from J.P. Morgan & Amazon at the Federal Reserve Fintech Conference to discuss how global payment systems & digital assets are converging. Full video ↓
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"The second stage of connection for our space is not connecting crypto to more crypto. It’s connecting the global financial system to DeFi." Chainlink Labs CBO @EidJohann’s SmartCon 2025 keynote on how connecting traditional markets to DeFi through Chainlink is vital to creating
"What’s really common between all of these use cases? All of them managed to find a way to turn compliance into their competitive advantage." Chainlink Labs' Kostiantyn Dmitriiev, Principal Product Manager, outlines how the Automated Compliance Engine (ACE) enables onchain
“We’re winning with CRE.” At SmartCon 2025, Chainlink CPO Apurva Joshi highlighted the accelerating adoption of the Chainlink Runtime Environment (CRE) by the world's largest banks, FMIs, and DeFi protocols ↓
CHAINLINK PRODUCT KEYNOTE At SmartCon 2025, Apurva Joshi, Chief Product Officer at Chainlink Labs, explains how Chainlink is solving foundational challenges across data, interoperability, compliance, and privacy, and why these breakthroughs are unlocking a scalable,
5 CRE use cases developers can start building today: • AI-powered prediction market settlement • Cross-chain, compliant stablecoins • Workflows triggered by AI agents via x402 payments • Tokenized asset servicing • Custom oracles blog.chain.link/5-ways-to-buil…
“Private smart contracts are the last big missing piece of what our industry is supposed to supply to the financial system." @SergeyNazarov explains how Chainlink Confidential Compute and CRE enable institutions to create private smart contracts on any chain ↓
"We're really devoting a huge amount of resources as a community to bringing the institutional world onchain." At SmartCon 2025, @SergeyNazarov joined the @ThinkingCrypto1 podcast to discuss the acceleration of institutional adoption, Chainlink Confidential Compute, & more ↓
“We are certainly going to live in a very multi-chain world … so it's great to have partners like Chainlink that can bridge all that infrastructure together.” At SmartCon 2025, @OndoFinance CEO @nathanlallman discussed the rise of institutional chains and highlighted
At SmartCon 2025, @OndoFinance CEO Nathan Allman and Chainlink Labs President of Capital Markets Fernando Vazquez took the stage to discuss the next era of onchain market infrastructure and how it is unlocking global liquidity and building real financial utility onchain ↓
Global Layer One (GL1), a public-private collaboration involving regulators and financial institutions around the world defining the standards and infrastructure for regulated digital asset markets, is integrating the Chainlink Automated Compliance Engine (ACE) to power the next
“I would look at interoperability across instruments, or across different monies, and across infrastructure, which is where Sergey’s team plays a very critical role.“ At the Federal Reserve’s Fintech Conference, J.P. Morgan’s Umar Farooq highlighted Chainlink as a critical
NEW: CHAINLINK AT THE FEDERAL RESERVE Just now, @SergeyNazarov joined key decision makers from J.P. Morgan & Amazon at the Federal Reserve Fintech Conference to discuss how global payment systems & digital assets are converging. Full video ↓
ICYMI: In support of the Bermuda Monetary Authority’s embedded supervision initiative, Chainlink, @ApexGlobalGroup, @blupryntco, and @hackenclub have successfully created a solution for institutional-grade stablecoin infrastructure. Learn more: bma.bm/news-and-press…
Chainlink & @ApexGlobalGroup have successfully created an institutional-grade stablecoin infrastructure solution supporting the Bermuda Monetary Authority’s embedded supervision initiative. prnewswire.com/news-releases/… Conducted in collaboration with the Bermuda Monetary Authority
• Secure data • Automation • Cross-chain execution At SmartCon 2025, Laszlo Szabo, CEO & Co-Founder of @Kiln_finance, explains how the protocol is leveraging CRE to power its platform with $18B+ in staked assets delegated ↓
At SmartCon 2025, Bermuda Premier E. David Burt shares how Bermuda is leading digital asset innovation and regulation—supported by Chainlink’s recent work with the Bermuda Monetary Authority.
"We've been powering protocols, then markets, now nations. That is what winning looks like." At SmartCon 2025, Apurva Joshi, CPO at Chainlink Labs, explains how the ability to solve hard problems has taken Chainlink from powering DeFi to being integrated by leading financial
CHAINLINK PRODUCT KEYNOTE At SmartCon 2025, Apurva Joshi, Chief Product Officer at Chainlink Labs, explains how Chainlink is solving foundational challenges across data, interoperability, compliance, and privacy, and why these breakthroughs are unlocking a scalable,
Over 80% of global financial activity happens OTC and off-exchange. So why does this matter? Because capital markets run on confidentiality—identity, counterparties, and deal terms are rarely public. To match what institutions expect, onchain finance needs: 1) Confidential
Chainlink Build member & Rewards Season 1 participant @Brickken has integrated the Chainlink Automated Compliance (ACE). Learn how Chainlink ACE enables Brickken to support compliance-embedded, institutional-grade tokenization ↓
Security and compliance aren’t optional, they are a must. @Brickken integrates @chainlink ACE to enable institutional functions like allow lists, jurisdictional access, and on-chain compliance rules for tokenized assets. This is the foundation of trust.
Chainlink Build member @Brickken, an enterprise-grade tokenization platform with $300M+ tokenized, has upgraded to the Cross-Chain Token (CCT) standard as part of its token migration. With this upgrade, users can now transfer BKN across Base, BNB Chain, & Ethereum via CCIP.
“By using partners like Chainlink, we’re able to move … very quickly & completely update financial markets.” —Dan Doney, Managing Director, CTO at DTCC
The Premier of Bermuda, E. David Burt, discusses Chainlink's recent work under the Bermuda Monetary Authority: "Chainlink was successful, and they are progressing with the Bermuda Monetary Authority right now on an embedded supervision pilot with DeFi protocols.”
At SmartCon 2025, Bermuda Premier E. David Burt shares how Bermuda is leading digital asset innovation and regulation—supported by Chainlink’s recent work with the Bermuda Monetary Authority.
"A lot of the solutions will come from getting our data onchain with Chainlink and figuring out where the standards are going to be set."—Kristen Mierzwa, Head of Digital Assets, FTSE Russell At SmartCon 2025, leaders from FTSE Russell, Tradeweb, Deutsche Börse, Digital Asset,
“If you’re not able to make this movement freely between the chains, you’re really left with the same world we had before.” At SmartCon 2025, DTCC Digital Assets CTO Dan Doney emphasizes interoperability as critical to enabling instant settlement across blockchains, highlighting
Stablecoins have quickly emerged as one of the most critical components of onchain finance. At SmartCon 2025, decision makers from S&P Global, Apex Group, AllUnity, and Fiserv explored how stablecoins are streamlining value movement, reshaping the rails underpinning global
A new privacy standard for onchain finance. What Chainlink Confidential Compute unlocks: blog.chain.link/chainlink-conf… • Private smart contracts, verifiable by default. • Private access to data, APIs, and identity providers. • Private tokens, transactions, and cross-chain
"The second stage of connection for our space is not connecting crypto to more crypto. It’s connecting the global financial system to DeFi." Chainlink Labs CBO @EidJohann’s SmartCon 2025 keynote on how connecting traditional markets to DeFi through Chainlink is vital to creating
"We see that the evolution of traditional players into an onchain world is well underway." Chuck Mounts, Chief DeFi Officer at S&P Global, joined Chainlink at SmartCon to discuss how trusted data, credit scoring infrastructure, and stablecoin risk frameworks are accelerating
Every pillar of the global financial system depends on privacy as a core principle. Without privacy, institutional-grade smart contracts simply aren't possible. That's why this week we announced Chainlink Confidential Compute, a breakthrough service that unlocks new onchain
"Privacy is the final big unlock that #crypto needs to go to true mainstream adoption." - Chainlink Co-Founder
“Tokenized assets should be as frictionless as sending an email.” At SmartCon 2025, leaders from Banco Inter, Hadron by Tether, Bridgetower Capital, and Kiln discuss how the Chainlink Runtime Environment (CRE) simplifies onchain development for TradFi & DeFi ↓
“We now want to provide our institutional-grade data onchain.” Dr. Alireza Dorfard discusses Deutsche Börse Group’s recent integration to bring its trusted market data to 40+ blockchains via Chainlink. Watch now ↓
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