CandleFocus Sergey Nazarov: Chainlink and how the blockchain uses AI
2024-10-28
Author: Content Editor
Chainlink, a blockchain protocol, has launched the Blockchain Privacy Manager, a tool that enhances the privacy of transactions. They have also introduced the Chainlink Crosschain Interoperability Protocol (CCIP), which enables cross-chain transactions while protecting sender and recipient privacy. Chainlink is collaborating with Swift to integrate traditional payment systems with blockchain technology. The company aims to create an "Internet of contracts" to unite decentralized finance (DeFi) and traditional financial institutions. Additionally, Chainlink is developing Deco, a system that provides on-chain data while maintaining user anonymity. The company utilizes artificial intelligence (AI) models, in collaboration with UBS and Swift, to generate and validate blockchain transactions.
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