Chainlink

Chainlink is a single platform that provides all the key capabilities required by stablecoins. These capabilities include seven stablecoin functionalities.

The future is on.

Chainlink co-founder Sergey Nazarov believes that 2024 will be a crucial year for the adoption of blockchain technology in the capital markets industry. In a video interview with Nasdaq TradeTalks, Nazarov discusses the potential impact of blockchain on the financial sector.

According to the Chainlink community, onchain finance is seen as an inevitable future.

The Chainlink community is working on a solution called CCIP to enable cross-chain interoperability and prevent the fragmentation of assets across various blockchains.

Chainlink Staking v0.2 launched on mainnet last month, with a total pool size of 45,000,000 LINK and 40,875,000 LINK allotted for Community Stakers. Over 8,800 unique Community Stakers participated, migrating over 90% of their LINK from v0.1 to v0.2. The community pool was filled with 19,188,359 LINK in under 7 hours. General Access for v0.2 is now open, allowing anyone to stake LINK when space becomes available. #Chainlink #Staking

The Chainlink community has seen several integrations of Chainlink Data Streams on Arbitrum. Muxprotocol, Vertex Protocol, and APX Finance are all leveraging low-latency market data provided by Chainlink Data Streams for various purposes such as derivatives aggregation, liquidations, funding rate calculations, and trade execution. These integrations aim to enhance the performance and functionality of their platforms, bringing high-throughput and CEX-like trading experiences to the DeFi space. The Chainlink team will also be hosting a Q&A session to address community questions and outline their priorities for 2024.

Bondex, a blockchain-focused talent network, is joining Chainlink BUILD to gain access to Chainlink's oracle services and technical support. In return, Bondex will make 3% of its native token supply available to Chainlink service providers. This partnership will enable Bondex to enhance its Web3 talent market and create an Internet of Jobs onchain. As part of BUILD, Bondex will receive benefits such as access to Chainlink Automation and Chainlink CCIP, as well as new product releases.

Chainlink has announced the Chainlink Developer Bootcamp 2024, which will be available in English, Spanish, and Portuguese. The bootcamp is open to smart contract developers of all experience levels and will be completely online. Participants can choose to take the full course or attend individual sessions. The bootcamps will kick off on January 8, 2024.

A recent industry report by Deloitte US highlights the potential of blockchain technology to revolutionize private equity. The report states that tokenization can provide benefits such as faster verification of ownership, more liquid secondary markets, and easier use of investments as collateral.