Key Takeaways:
Chainlink has led an {industry} coalition of 24 main monetary companies (together with Swift, DTCC, Euroclear) to pilot a production-grade answer fixing the $58 billion annual company actions inefficiency.The brand new system delivers 100% knowledge consensus throughout occasions, transforms information into ISO 20022 messages for Swift, and publishes unified golden information throughout blockchains utilizing CCIP.Subsequent, the initiative will help extra advanced company actions (like inventory splits), increase geographic attain, and strengthen privateness, governance, and compliance options.
Support Greater and Subscribe to view content
This is premium stuff. Subscribe to read the entire article.