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>> No.27396617 [View]
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27396617

>>27395763
>And now most recently proof of reserves has actually started proving things about gold ownership, in gold custody systems. So not only does chainlink provide the worlds existing data, but it creates a group of independent agents, oracles, that can generate new data about things like proof of reserves. And we are launching this successfully, you know we are announced for over 70 chains, and we are rapidly launching on many of those chains such as binance smart chain, where we now I think considered the dominant, primarily used oracle for providing price data, other types of market data, proof of reserves, and all these other inputs. So I think that chainlink is only getting started in providing price data to defi, and has done a very good job at that. But that same security and decentralized consensus, about off chain events, is really applicable to all of the worlds data, which needs to be filtered into the smart contract world for consumption. Because without that filtering, it isn’t usable. It isn’t decentralized or secure enough to be used by these smart contracts.

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