Chainlink

Chainlink is sponsoring the Avalanche Frontier: Decentralized Consumer Application Hackathon. Participants have the opportunity to share in $10K of Chainlink prizes by using Chainlink CCIP and/or Functions in a consumer-facing app on Avalanche.

Banks are using Chainlink Cross-Chain Interoperability Protocol (CCIP) to transact with each other across different blockchain networks, a development never seen before in the industry. This signifies the growing adoption and exploration of onchain finance.

Sergey Nazarov, the founder of Chainlink, believes that the approval of Bitcoin ETFs will lead to an influx of traditional institutions participating in crypto. Similar to when PayPal launched cryptocurrency buying options or banks started offering crypto custody, the approval of Bitcoin ETFs is expected to attract large financial firms like BlackRock and Fidelity to actively participate in the crypto markets.

This blog provides eight essential considerations for dApp developers when choosing a cross-chain service, helping them avoid vendor lock-in.

Kunji Finance is joining Chainlink BUILD to gain access to Chainlink's oracle services and technical support for its copy trading platform. In return, Kunji Finance will make 3% of its token supply available to Chainlink service providers. Kunji Finance aims to attract Web3 users through decentralized copy trading.

Ledgity Yield has joined Chainlink BUILD to gain enhanced access to Chainlink's industry-leading oracle services and technical support for its institutional-grade stablecoin yield protocol. In return, Ledgity Yield will make 4% of its total native token supply available to Chainlink service providers. Ledgity Yield aims to be the leading solution for users to earn yield on stablecoins, and as part of BUILD, they will receive benefits such as access to Proof of Reserve and CCIP integration, as well as early access to Chainlink product releases.

Join the live Q&A session with Chainlink's Chief Product Officer, Head of Community, and Head of Developer Relations as they answer community questions, discuss the Q4 2023 Product Update, and share Chainlink's product vision for 2024.

Chainlink collaborated with Swift to connect multiple blockchains, ANZ Bank issued stablecoins using Chainlink, DTCC and Chainlink collaboration can redefine the financial industry, Vodafone demonstrated the connection of data and smart contracts using Chainlink, ARTA TechFin is using Chainlink for fund tokens. In 2024, institutional adoption of blockchain technology and Chainlink platform is expected to expand significantly.

A recent industry report by Deloitte states that companies should embrace the competitive advantage offered by Web3. The report includes three key questions leaders should ask when considering using blockchain technology. These questions focus on the involvement of multiple non-trusting parties, the need for data accessibility to multiple parties, and the necessity of accountability and auditability.

SingularityDAO has partnered with Chainlink Labs to support Chainlink BUILD members by providing them with access to SingularityDAO's launchpad, incubation services, mentorship, training sessions, and more.