Category: Blockchain

  • Chainlink Project Guardian Mind Map Summary

    You can read the full blog post here. (Right click and open to see full image in new tab.)

  • Transforming Asset Servicing Report: Chainlink Diagram Summary

    Chainlink in collaboration with major market players have made a new report on structuring and distributing corporate data via industry-wide, unified golden records. You can read the full report here. Overview Current Challenges in Corporate Actions Technological Approach Phase 1 Results

  • Adapting Chainlink’s Watchdog System for AI Safety: A Novel Approach

    Adapting Chainlink’s Watchdog System for AI Safety: A Novel Approach

    Artificial intelligence is rapidly developing with great potential, though comes with significant risks. As we work hard to ensure that AI systems can remain safe and aligned with human values, new approaches from other domains could provide us with inspiration. One such promising approach is the staking and watchdog system developed by Chainlink, currently used…

  • Chainlink Product Update: Q2 2024 Infographics

    Chainlink has covered alot of ground in the first half of Q2, and it’s only getting started. Here’s an overview of developments you might have missed. Banking and Capital Markets Solutions Cross Chain Compute Honorable Mention: Chainlink Platform Chainlink has also been revamping its core code to the Chainlink platform, with the goal of meeting…

  • Infographic: Introducing the Chainlink Digital Assets Sandbox

    Infographic: Introducing the Chainlink Digital Assets Sandbox

    The following infographics are from the Chainlink blog post on their new turnkey solution for financial institutions. Overview of Digital Asset Journey The Tokenized Asset Opportunity The Chainlink Digital Assets Sandbox

  • Concept Maps: Chainlink Digital Asset Insights: Q2 2024

    Concept Maps: Chainlink Digital Asset Insights: Q2 2024

    Introduction This summary of the blog post focuses on how institutions will integrate with the blockchain ecosystem now and in the future. Key elements for integration include transparency, cross-chain interoperability, custody, settlement, and security. You can read the full article here. 🏛️ Financial Institutions Exploring Blockchain: This includes initiatives such as cryptocurrency ETFs and asset…

  • Chainlink Concept Map: Unified Golden Records for Tokenized Assets

    Chainlink Concept Map: Unified Golden Records for Tokenized Assets

    Tokenization of RWAs: The process of representing real-world assets as digital tokens on blockchains and its potential to revolutionize asset management. Current Challenges with Tokenization: Issues such as fragmentation across blockchains and the need for consistent on-chain data. Unified Golden Records: A solution that provides a verifiable, updateable, and synchronized data container for tokenized assets,…

  • Concept Map: The Intersection Between AI Models and Oracles

    The following is a concept map of the recent blog post from Chainlink regarding the possible relationships and synergies between blockchain tech and artificial intelligence. You can read the full article here.

  • Concept Map: 3 Key Architectural Decisions Behind CCIP’s Advanced Security

    Concept Map: 3 Key Architectural Decisions Behind CCIP’s Advanced Security

    Chainlink’s Cross Chain Interoperability Protocol has 3 key Architectural tenants regarding security.Below is a concept map of chainlink’s blog post on CCIP Architecture.

  • What Are Intent Engines in Smart Contracts?

    What Are Intent Engines in Smart Contracts?

    The Evolution and New Challenges Blockchain APIs are open by default, providing users with far too many choices in Web3 environments—a complexity that presents itself regarding optionality. Such a sea of decision trees and possible actions would best be explored by an automated system, requiring the user to be simply capable and not overwhelmed. Evolution…

  • DTCC Reluctant to Take on Tokenization as their T1 Settlement Solution

    DTCC Reluctant to Take on Tokenization as their T1 Settlement Solution

    Opening Comments Jennifer Peve, the Global Head of Strategy and Innovation at the DTCC, came out to admit that she doesn’t believe blockchain is the solution for one to help with the U.S. transition to one day (T1) settlement happening in May of this year. She was talking at a symposium on the tokenization of…

  • How to do Smart Contract Testing

    How to do Smart Contract Testing

    Introduction to Smart Contract Testing When we talk about smart contract testing, it’s like double-checking everything in your smart contract (which is just a fancy term for a self-running agreement that lives on the blockchain) to make sure it does what it’s supposed to do without any hiccups. Think of it as proofreading your essay…

  • ARK Predicts Smart Contract Economy to Grow Massively

    ARK Predicts Smart Contract Economy to Grow Massively

    Ark Invest, a beacon in the investment world, has thrown its weight behind an audacious claim: the realm of smart contracts is on the brink of exploding into the trillions. Diving deep in their “Big Ideas 2024,” they serve up an eye-popping picture: smart contracts, those digital magicians; conjuring up $450 billion in yearly fees…

  • Chainlink Sage Launched on OpenAI’s GPTs Store

    Chainlink Sage Launched on OpenAI’s GPTs Store

    ChatGPT (openai.com) now has a Chainlink specialized GPT that can better respond to questions regarding the oracle network. According to the model directly, this is what its knowledge base includes.

  • Progmat & MUFG Seeking Stablecoin Settlement in Trade With Emerging Markets

    Progmat & MUFG Seeking Stablecoin Settlement in Trade With Emerging Markets

    MUFG, Japan’s biggest bank, is diving deep into blockchain, eyeing those permissionless stablecoins to smooth out trade deals with the up-and-coming markets, aiming to make exporting from Japan a breeze. They wanna give the same sureness that payment’s gonna happen just like a letter of credit does but without needing a bank to back it…

  • Early Adopters of CCIP

    Early Adopters of CCIP

    Synthetix just dropped some big news—they’re hooking up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for their latest Synthetix V3 platform. It’s a pretty sweet deal for folks in the cross-chain game. Basically, this means you can now move sUSD, Synthetix’s own stablecoin, between Ethereum and Optimism without a hitch. They’re not stopping there; they’ve got…

  • Chainlink Blog CCIP Summary and Keyword Diagram

    Chainlink Blog CCIP Summary and Keyword Diagram

    Chainlink’s recent blog post discusses their Cross-Chain Interoperability Protocol (CCIP), a significant advancement in blockchain technology. CCIP allows DeFi applications to connect with users and other DeFi applications across multiple blockchains through a single interface. It also simplifies the integration of traditional financial systems onto the blockchain. The article highlights CCIP’s potential to revolutionize DeFi…

  • Sumitomo & Vodafone work with Chainlink for trade ledger interoperability

    Sumitomo & Vodafone work with Chainlink for trade ledger interoperability

    Vodafone’s Digital Asset Broker (DAB) announced the completion of a proof of concept (PoC) in collaboration with Sumitomo Corporation, Chainlink Labs, and InnoWave. This PoC focused on enabling blockchain interoperability for digital bills of lading. The PoC utilized Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and other technologies to connect messages across both permissionless and permissioned blockchains…

  • Cross-Chain Bridges, what CCIP Aims To Solve

    Cross-Chain Bridges, what CCIP Aims To Solve

    There is a vital role of cross-chain bridges in the web3 ecosystem, their importance in asset transfers between blockchains is only increasing as more chains come online. Despite being pivotal for Web3 innovation, these bridges face major security challenges, having been compromised for over $2.8 billion, nearly 40% of all Web3-related thefts. The post advocates…

  • SPX 6900

    SPX 6900

    Investment Thesis: To flip the S&P 500 market cap. Also, Marie Rose from DOA is the mascot. The contract is fully revoked, meaning it’s kosher, hallal, & decentralized. The SPX 6900 companies are a loosely associated group of brands and startups. Be sure to check out the telegram to join! SOL Contract: J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFrETH Contract: 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c…

  • A Bizdev Study: RM2 & Chainlink

    A Bizdev Study: RM2 & Chainlink

    It’s been a year since Chainlink Labs began laying off much of its sales team amid the market downturn. During this time, Chainlink wisely continued hiring for technical roles. Since then the team has made considerable progress in staking, CCIP, and in collaborations with large institutions. Considering that this refocusing effort can be considered a…

  • Swift Publishes Interoperability Experiment Results Appraising Chainlink

    Swift Publishes Interoperability Experiment Results Appraising Chainlink

    The document, titled “Connecting blockchains: Overcoming fragmentation in tokenised assets” discusses Swift’s interoperability experiments connecting to public and private blockchain networks. The document highlights the challenges of fragmentation in tokenized assets and the need for secure interoperability between different blockchain networks. The report outlines Swift’s experiments conducted in 2022 to test how the Swift network…

  • How Smart Contracts Can Prevent Bank Failures

    How Smart Contracts Can Prevent Bank Failures

    There has been much talk about how proof of reserves(PoR) should be required for crypto exchanges. Less talked about is a how proof of reserve systems may also bring benefits to traditional banks. Here you’ll uncover and explore the proof of reserve use case in the context of open banking smart contracts. Open banking, facilitated…

  • The Digital Dollar is the New Petrodollar, Because Data is The New Oil

    The Digital Dollar is the New Petrodollar, Because Data is The New Oil

    Stablecoin leaders are singing a more pragmatic tune as of late. Paxos’ former head of portfolio management Austin Campbell spoke at the U.S. Financial Services subcommittee on digital assets. Himself, among other industry leaders, gathered in part to defend the industry and highlight good actors in the space. Austin started by noting that jobs will…

  • Oracle Pioneers: An Interview with an early Chainlink Node Operator

    Oracle Pioneers: An Interview with an early Chainlink Node Operator

    Behind the Nodes  The Chainlink ecosystem is not only populated by numbers and code. Behind the integers, trends, and graphs lie an ever-expanding number of teams that operate Chainlink nodes. These teams comprise experienced individuals, geographically dispersed yet united by the common narrative that is Chainlink. But who are the teams operating the Chainlink nodes? Who are the people providing valuable data…

  • Secure Enclave Redundancy

    Secure Enclave Redundancy

    The Chainlink 2.0 whitepaper explores ways to “employ TEEs in ways that recognize their potential for compromise” and also recommends a non-Intel technology in open source alternative—Keystone. Keystone is based on RISC-V architecture, which has already made headway in the smart contract space. Working together, ETH Zurich and the University of Bologna have designed the…

  • Erasure Expansion Packs: Introduction

    Erasure Expansion Packs: Introduction

    This is the 1st post in a 3 part series on Erasure Bay and two new Erasure use cases. If you’re already familiar with the protocol please skip to the second section or 2:35. Erasure Bay Erasure Bay, built on the Erasure protocol, allows for trustless information trade. It enables two unfamiliar parties, one fulfiller…

  • Incentive Alignment Will Change the World

    Incentive Alignment Will Change the World

    Is it about the reward system and org structure? How about behavioral economics? Or maybe incentive alignment. Within the defi space, it’s known as tokenomics. There are a number of new startups and thought leaders focusing on how organizations and employees within them are rewarded and relate to each other. Though it seems a concise…

  • Bootstrapping ETC Mining with Token Airdrops

    Bootstrapping ETC Mining with Token Airdrops

    The ETC Cooperative and IOHK have released an ECIP Comparison for 51% Attack Resistance, comparing solutions in a bid to improve ETC network security. If anything, the report shows solutions already in the pipeline are better options. The downside of the IOHK-evaluated candidates such as “Veriblock” are numerous, compared to the elegant & clear-cut proposals…

  • Is LINK Blockchain Agnostic?

    Is LINK Blockchain Agnostic?

    Interoperability and dependence on the Ethereum blockchain is a concern that crops up now and then in chainlink circles. Even commenters with technical backgrounds have trouble grappling with the idea that a token could be independent from the blockchain it’s built on. At a high level, if you think a team expressly focused and specialized…

  • Comments on The Chainlink White Paper,  Part 2: Szabo’s Vision

    Comments on The Chainlink White Paper, Part 2: Szabo’s Vision

    In principle, any contract which can be negotiated through a trusted third party (such as an auction or exchange) can be negotiated directly. So, in some abstract sense, the only remaining “hard” problems in smart contract negotiations are (a) problems considered hard even with a trusted intermediary (for the standard economic reasons), and (b) the…

  • The Most Valuable Crypto Ranking Sites

    The Most Valuable Crypto Ranking Sites

    Numerous Cryptocurrency ranking sites have sprung up after the 2017 run up in BTC price. Though Coinmarketcap.com still reigns supreme, some contenders have fared better than others. Below is a ranking of the most valuable crypto ranking domains according to worthofweb.com. Coinmarketcap.com Value: $682 Million Coinmarketcap pulls in $3,293,940 / month in ad revenue. The…

  • Projects Utilizing Uniswap Oracle

    Projects Utilizing Uniswap Oracle

    Update September 2021 Since publishing this original article, defi has made great strides towards decentralization. Now, virtually all uniswap data consumers use The Graph to interface to function in a better indexed and distributed manner. 1. BZX “bZx is currently using uniswap as a price oracle.”: 2. DefiRate An interest rate comparison tool, seems to…

  • Comments on The Chainlink White Paper, Parallels to Early Web: Part 1

    Comments on The Chainlink White Paper, Parallels to Early Web: Part 1

    Components: 1. A simple on-chain data aggregation system 2. A more efficient off-chain consensus mechanism What differentiates ChainLink from other oracle solutions is its ability to operate as a network. Chainlink White Paper For any protocol or network to become widely adopted, it needs to have flexibility. As you’ll see, it’s where Chainlink places thoughtful…

  • Most and Least Liquid Crypto According to Coinmarketbook.cc

    Most and Least Liquid Crypto According to Coinmarketbook.cc

    Coinmarketbook.cc is a crypto ranking site that uses a liquidity measure instead of market cap. As astute investors and traders will note, financial ratios should have a numerator and a denominator to evaluate. Just like P/E and P/B ratios, coinmarketbook tracks a ratio of their own—buy support/market cap. This effectively compares the liquidity of each…

  • Cleaning Up Crypto: An Interview With Denis Gorbachev

    Cleaning Up Crypto: An Interview With Denis Gorbachev

    I had the pleasure of chatting with Denis Gorbachev, co-founder of coinmarketbook.cc, an effort to bring honest and accurate market data to crypto enthusiasts. His site ranks alt-coins based on “buy support” rather than the easily manipulated “market cap” measure, and also features in-house indicators. The site rivals the popular coinmarketcap.com, which has come under…

  • The Trillion Dollar DApp

    The Trillion Dollar DApp

    Another day, another DEX is born. Uniswap has launched, a token trading protocol with the help of an Ethereum Foundation grant. This time, it differentiates from other “decentralized exchanges” by eliminating the use of native tokens or platform fees. Instead, it uses liquidity pool rewards and arbitrage opportunities for market participants. While these countless decentralized…

  • Small Investors are Being Squeezed. Fin-tech, Blockchain Will Help

    Small Investors are Being Squeezed. Fin-tech, Blockchain Will Help

    With a lot of talk about the wealth gap recently, I thought I’d point out the financial side that is contributing to the problem. If you’re a small investor there are quite a few factors at play that are likely putting you at a disadvantage in everyday investing and trading. Despite the surging stock market,…

  • Filtering Out Wash-Traded Crypto

    Filtering Out Wash-Traded Crypto

    Critics of the Coinmarketcap.com(CMC) system have long decried the market manipulation used to game the rankings. In an effort to filter out this problem, Coinmarketbook.cc(CMB)has been created in an effort to measure real buying support for various cryptocurrencies. Rather than using “market cap” based on misleading circulation numbers and a latest fill-price often arrived at…

  • What Bitcoiners Get Wrong About Enterprise Blockchain

    What Bitcoiners Get Wrong About Enterprise Blockchain

    Enterprise Blockchain is back in the news with the recent completion of the first world blockchain bond from the World Bank and the Commonwealth Bank of Australia. If you’re feeling a bit of Déjà vu now, it’s probably because numerous blockchain bonds have already been introduced. A commercial bond from Russia’s Sberbank and from a…

  • Ethereum EIP 858 vote

    Ethereum EIP 858 vote

    Check the Ethereum network lately and you can find a vote titled  “What should be done regarding proof-of-work issuance until Casper is ready”. Link The votes deal with whether or not the  difficulty bomb should be delayed again, and whether there should be a static reduction in block reward. The hodlrs clearly showed up, as…