Chainlink

Current investment fund identity systems are fragmented across multiple silos, leading to significant inefficiencies: - 33% of compliance budgets go to KYC processes - Average client onboarding costs $2,598 - Over 67% of banks lose clients due to onboarding delays GLEIF and Chainlink are collaborating to create a unified blockchain-based identity verification system. This initiative aims to: - Establish a single source of truth for identity data - Streamline compliance processes - Reduce costs and onboarding friction BlackRock CEO Larry Fink emphasizes that solving digital verification is crucial for building an efficient financial system. [Read the full report](https://chain.link/resources/digital-identity-automated-compliance)

Space and Time (SXT) has implemented Cross-Chain Token (CCT) functionality through Chainlink's CCIP protocol, enabling native token transfers across multiple blockchain networks. The integration includes: - Native cross-chain token transfers - Implementation of Chainlink Price Feeds - Enhanced support for secure DeFi markets This follows a trend of Chainlink Build members adopting CCT standards, including Mind Network's FHE token and Lympid's LYP token across various networks like Arbitrum, Base, BNB Chain, Ethereum, and Solana.

Kings College London has released a working paper examining stablecoins' path to global adoption. The research, authored by Dr. Rhys Bidder, emphasizes Chainlink's critical infrastructure contributions: - CCIP Private Transaction model enabling confidential institutional settlements - Proof of Reserve system providing verifiable transparency - Cross-chain transfer capabilities supporting global scalability A notable case study features ANZ Bank and ADDX using CCIP Private Transactions for tokenized commercial paper settlement under MAS Project Guardian. Current statistics show stablecoins process over $300B in weekly transfers, highlighting their growing mainstream adoption. [Read the full paper](https://www.kcl.ac.uk/news/stablecoins-the-first-killer-app-for-blockchain)

Chainlink's Cross-Chain Interoperability Protocol (CCIP) establishes itself as a standardized solution for blockchain connectivity. The protocol offers: - Single integration point for cross-chain operations - Universal compatibility across multiple blockchains - Streamlined liquidity management between networks CCIP simplifies blockchain interactions by eliminating the need for multiple bridge implementations. This development marks a significant step toward seamless blockchain interoperability. *Technical teams can now focus on building applications rather than managing complex cross-chain infrastructure.*

Chainlink's Cross-Chain Token (CCT) standard introduces two key features: - **Programmable Token Transfers**: Enables tokens to carry embedded data instructions across chains, executing complex multi-chain workflows in single atomic transactions - **Developer Control & Flexibility**: Developers maintain complete ownership of token contracts and CCIP token pools while implementing custom logic The new standard eliminates vendor lock-in and external dependencies, giving developers more autonomy in cross-chain operations. Learn more: [CCT Documentation](https://blog.chain.link/what-is-cct-cross-chain-token-standard/)

Chainlink's Cross-Chain Interoperability Protocol (CCIP) has officially launched on Hedera mainnet. This integration enables Hedera developers to create secure cross-chain applications and tokens. Recent adoption metrics: - 11 new integrations across 6 services - Deployment on 9 chains including Arbitrum, Berachain, BNB Chain - Notable partners: MYX Finance, Puffer Finance, Soneium The Hedera launch follows successful CCIP deployments on other major networks, marking continued expansion of Chainlink's cross-chain infrastructure. [Learn more about the integration](https://hedera.com/blog/hedera-adopts-chainlink-standard-for-cross-chain-interoperability-to-accelerate-ecosystem-adoption)

Chainlink is launching a comprehensive online bootcamp focused on blockchain development fundamentals. Key offerings: - Chainlink Fundamentals Certification preparation - Training for upcoming Chainlink Hackathon - Hands-on experience building ERC-20, NFT, and Cross-Chain Token projects The program provides multilingual support with sessions available in: - English: [Register here](https://lu.ma/qoqfl19p) - Portuguese: [Register here](https://lu.ma/ig70bk68) - Spanish: [Register here](https://lu.ma/fkr85zi7) **Registration is now open** for sessions starting January 8-19.

Chainlink co-founder Sergey Nazarov appeared on Fox Business to discuss the evolving relationship between DeFi and traditional finance (TradFi). Key points from the discussion: - Improved legislation is breaking down barriers between DeFi and TradFi sectors - These communities show strong mutual interest in collaboration - Integration could significantly enhance the U.S. financial system This follows Nazarov's earlier prediction that traditional finance will become DeFi's largest customer base, highlighting a growing convergence in global finance. *The regulatory landscape continues to evolve, potentially opening new opportunities for cross-sector collaboration.*

The Digital Asset Summit (DAS) 2025 in New York will feature key discussions on institutional crypto adoption with notable speakers: - Chainlink's Sergey Nazarov and SWIFT's Alisa DiCaprio will explore TradFi, DeFi, and blockchain integration - Panel on Institutional Crypto Products includes leaders from: * Superstate Funds * Bitwise Invest * Kaiko Data * Bloomberg Event Details: - Date: March 19, 2025 - Time: 19:20-20:00 UTC - Location: Javits Center North, NYC [Register for DAS 2025](https://chain.link/das-ny)

Instruxi has completed integration of the Chainlink standard with SpaceandTime DB's Adapter and Beacon Functions Contract. This technical advancement offers two key benefits: - Streamlined access to Chainlink Proof of Reserve - Enhanced Functions capability for enterprise users The integration builds upon previous developments, including Lendvest's implementation of Chainlink Functions on Polygon using SpaceandTime DB as a ZK-proven data layer. [Learn more about the integration](https://www.instruxi.io/news/instruxi-integrates-the-chainlink-standard-to-help-enterprises-access-verifiable-data-and-offchain-compute)