/biz/ - Business & Finance

>>21968176
How do you make it through the day being this constantly btfo?

>Satoshi Nakamoto
>S.N.
>Sergey Nazarov
>S.N.
I’m scared bros, I sold all my link at $20. You told me it was a scam. What the fuck is this???

posting in a comfy thread.

Sergey Nazorav (CEO of Smartcontract.com) has been working with SWIFT since 2015, which led to the PoC at SIBOS in 2017 which was essentially a smart contract powered bond payment application using a centralized oracle. Hence the name of the company, Smartcontract.com. They put the development of that on hold to develop the ChainLink Network. They did not just drop SWIFT to work on a decentralized oracle network if it was not vital, and that SWIFT and others requested.

The centralized oracle was a real barrier to the system moving forward. They had a working product but realized they needed two other pieces for people to take it seriously. Trusted hardware (the Towncrier/Intel SGX connection) and a decentralized oracle network. Decentralized oracles are mandatory to have an environment that is trustless end to end.

ChainLink is the catalyst to real world mainstream Smart Contracts. A fully decentralized Smart Oracle Network will be ground breaking technology that will change our current financial systems, that is, the use cases are limitless. The world will change because Decentralized Oracles will allow for the holy grail of technology - an environment that is trustless end to end. Because it is trustless, true automation can occur. Smart Contracts are the ultimate disruptor

>>8985774

>>8792796
>>8792796