/biz/ - Business & Finance

>>55320206
>finished product
>massive business relationships
>enormous marketing opportunity coming up at SIBOS
>sky-high industry interest already, see above
>beastly use case (mainstream fucking smart contracts)

B-b-bb-b-b-but...

>chainlink has -2 devs, would need to hire 2 devs even to have zero staff
>whitepaper is written on a bar towel covered in vomit
>ICO caused 9/11
>roadmap literally goes backwards to 2008 then crashes
>Sergey isn't even real he's a balloon with a face drawn on

Except

Confido has already adopted Chainlink as their oracle
https://www.youtube.com/watch?v=1SX0buv4bCc
https://www.huffingtonpost.com/entry/3-cryptocurrencies-to-keep-an-eye-on-that-are-not-bitcoin_us_59d22c36e4b034ae778d4c32
http://confido.io/
""We recently made the switch from Oraclize to Chainlink because of the decentralised aspect of Chainlink. The way we use Chainlink is pretty simple; our smart contracts track packages by using multi-carrier shipping API’s like Easypost and Postmen to view the delivery status of a package. We connect to, and pull data from, these API’s using Chainlink.
Before we made the switch from Oraclize to Chainlink we relied on one single API to serve us the correct data, which simply wasn’t secure enough when dealing with people’s money. Chainlink allowed us to stay decentralised and improve the security of our platform by allowing us to pull data from several API’s.
We are bullish on LINK and hope to accelerate the adoption by using it in our own project. There are so many use cases for LINK, our project is just one of them.""

>>3867766
>>3867762
>>3867744
>>3867732
>>3867723
>>3867715
>>3867709
>>3867696
>>3867686
>>3867677

Trade finance smart contracts. For example, you're a manufacturing company, your automated factory produces plumbuses which are then delivered to your clients via a self driving semi truck company. You have a smart contract in place with the trucking company that smart contract needs to track GPS data on your shipments and compensate you for any delays, it will need to integrate data from supply chain ERP systems, and will need to interact with other smart contracts involved with the international customs shipping to ensure fulfillment of the original smart contract obligations.
Once you start thinking about this stuff, it's simply incredible what we're going to be able to do with it. It's like learning about the "next big thing" 10 years in advance.

Listen very carefully to what I'm about to say.

Ambrosos wants to represent external data (food) on the blockchain.

Walton wants to represent external data (RFID tags) on the blockchain.

Ripple wants to represent external data (financial transactions) on the blockchain.

These use cases are ENTIRELY contained within ChainLink.

ChainLink is the skeleton key that makes all these proects obsolete. It gives every company the building blocks to use oracles that represent ANY data, not just single use cases like food/RFID/financial transactions, however they want.

>>3847939
>>3847915
>>3847898
>>3847888

>finished product
>massive business relationships
>enormous marketing opportunity coming up at SIBOS
>sky-high industry interest already, see above
>beastly use case (mainstream fucking smart contracts)

B-b-bb-b-b-but...

>chainlink has -2 devs, would need to hire 2 devs even to have zero staff
>whitepaper is written on a bar towel covered in vomit
>ICO caused 9/11
>roadmap literally goes backwards to 2008 then crashes
>Sergey isn't even real he's a balloon with a face drawn on

Except

Confido has already adopted Chainlink as their oracle
https://www.youtube.com/watch?v=1SX0buv4bCc
https://www.huffingtonpost.com/entry/3-cryptocurrencies-to-keep-an-eye-on-that-are-not-bitcoin_us_59d22c36e4b034ae778d4c32
http://confido.io/
""We recently made the switch from Oraclize to Chainlink because of the decentralised aspect of Chainlink. The way we use Chainlink is pretty simple; our smart contracts track packages by using multi-carrier shipping API’s like Easypost and Postmen to view the delivery status of a package. We connect to, and pull data from, these API’s using Chainlink.
Before we made the switch from Oraclize to Chainlink we relied on one single API to serve us the correct data, which simply wasn’t secure enough when dealing with people’s money. Chainlink allowed us to stay decentralised and improve the security of our platform by allowing us to pull data from several API’s.
We are bullish on LINK and hope to accelerate the adoption by using it in our own project. There are so many use cases for LINK, our project is just one of them.""

>>3838980
https://coinmarketcap.com/currencies/chainlink/#markets
Binance or Etherdelta, but I'd say Binance for you since it seems like you might have trouble with EtherDelta

>>3838959
>>3838970
>>3838976
>>3838982
Continued..

Massive consulting firms like Capgemini are devoting entire reports to smart contracts, specifically mentioning Smartcontract.com (= Chainlink) and Sergey Nazarov by name as the sole smart contract solution that can use external data thanks to oracles.
Source: https://www.febelfin.be/sites/default/files/InDepth/smart-contracts.pd_.pdf

Excerpts:
>Sometimes, external inputs such as prices, performance, or other real-world data may be required to process a transaction, and oracle services help smart contracts with inputs such as these.

>Smart contracts will also need to be able to work with trusted external data sources if they are to utilize external information. Smart contracts can achieve this with the help of oracles – programs providing smart contracts with the data they need from the external world or carrying the commands they need to send to other systems. Sergey Nazarov, Cofounder and CEO, smartcontract.com – a startup specializing in building oracles – outlines how connectivity with real-world data will be key.

If you don't know what Capgemini is: https://en.m.wikipedia.org/wiki/Capgemini

Back in 2015 the World Economic Forum also mentioned smartcontract(s).com by name:http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24

I'll trust world-class economic influencers like WEF and Capgemini.

>finished product
>massive business relationships
>enormous marketing opportunity coming up at SIBOS
>sky-high industry interest already, see above
>beastly use case (mainstream fucking smart contracts)

>>3835911

>>3833497
Chainlink is an external party doing a proof of concept for smart contracts, there are also internal PoCs for other blockchain-related things.

No other external party is going PoCs for SWIFT, and SWIFT does not have any other smart contract projects ongoing other than LINK.
SWIFT also considers smart contracts to be the second pillar of its blockchain efforts; i.e. very important. See >>3832820
>>3832860

Connect the dots and win a prize.

>>3833402
To be fair, the third phase of gpi revolves around blockchain (DLT) and related "overlay services".
Chainlink can very accurately be described as an "overlay service", since it's pretty much a plug&play add-on to several blockchains.

See pic related.

It's tenuous, but certainly very plausible that this third phase of gpi will involve Chainlink/Smartcontract.com, but that the partnership is not developed enough yet.

See pic.

If you don't know what GPI is, it's SWIFT's biggest ongoing project (global payments innovation).
https://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi

It's basically a cross-border payment system.