Chainlink

BackedFi has integrated Chainlink Proof of Reserve (PoR) on 0xPolygon to increase collateral transparency for its tokenized real-world assets (RWAs) such as bIB01, bIBTA, and bCSPX.

Chainlink is establishing itself as the leading platform for onchain data and cross-chain connectivity, serving as the standard for tokenized real-world assets (RWAs). By providing secure and reliable data and enabling interoperability, Chainlink maximizes the advantages of tokenization.

Chainlink has launched Functions and Automation 2.0 on the Avalanche network. This allows users to access APIs, perform custom compute on data, and reduce gas costs. Avalanche developers can now benefit from the future of dApp development with Chainlink.

On October 25th at 6PM ET, ChainlinkLabs' CCIP Market Strategy Manager, Pieter Pauwels, will be live on Spaces with Michael R to provide the community with an overview of Chainlink CCIP's Risk Management Network. Don't forget to set a reminder for the Space!

Swift and Chainlink have successfully tested a system that allows for value to be transferred from one blockchain to another. This collaboration highlights the growing adoption of blockchain technology in capital markets.

Pop Social has joined Chainlink BUILD to gain access to Chainlink's oracle services and technical support. In return, Pop Social will make 3% of its native token supply available to Chainlink service providers. Pop Social aims to empower creators and promote the adoption of Web3-based social media applications. As part of BUILD, they will have access to Chainlink VRF, Functions, and CCIP.

The future of real-world asset tokenization is bright, with $867 trillion worth of assets waiting to be brought on-chain. Tokenization in private markets has already shown 80x growth rate. With T+0 settlement and 24/7/365 markets, the potential for tokenization is immense.

The Chainlink community offers a wide range of content and events including alpha from industry experts, SmartCon presentations, Q&As with Sergey Nazarov, cutting-edge research, hackathon livestreams, animated explainers, and developer tutorials. Subscribing to the community provides access to these resources and more.

The future is bright and full of possibilities.

Join the Chainlink community at upcoming meetups in London and NYC to network with Web3 enthusiasts and learn how to build in the space. These meetups provide an opportunity to deepen your knowledge of Web3 and connect with community members.