Chainlink Teams With Major Financial Institutions to Fix $58B Corporate Actions Problem

Chainlink Teams With Major Financial Institutions to Fix $58B Corporate Actions Problem

Decentralized oracle network Chainlink is working with 24 of the world’s largest financial institutions to overhaul how corporate actions, such as dividends, stock splits, and mergers, are processed across global markets.Chainlink ran a pilot with SWIFT, DTCC, Euroclear and six other financial institutions. It leveraged a combination of its blockchain-based and artificial intelligence (AI) to ingest and validate real corporate action events in m…

Chainlink and 24 Leading Financial Market Participants Advance Industry Initiative To Solve $58 Billion Corporate Actions Problem

/PRNewswire/ -- Chainlink, the industry-standard oracle platform, announced today the results of the second phase of an industry initiative to standardize and...

Chainlink’s (LINK) Latest Plan With TradFi Giants To Tackle $50 Billion Corporate Challenges

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink (LINK) has unveiled a new initiative aimed at transforming the corporate actions processing system, collaborating with 24 of the world’s largest organizations of the broader financial sector.  This partnership, announced on Monday, seeks to leverage Chainlink’s oracle technology, blockchain capabilities, and... The post Chainlink’s (LINK…

Chainlink Leads Initiative With 24 Financial Giants to Automate Corporate Actions Onchain

Chainlink teams up with Swift, DTCC, Euroclear, and 21 other institutions to standardize corporate actions onchain with AI and blockchain.

Chainlink + 24 Major Financial Market Participants Advance Initiative To Fix $58B Corporate Actions Problem

Today at Sibos, industry-standard oracle platform Chainlink announced the successful second phase of its industry initiative to standardize corporate actions processing using oracles and AI. The Chainlink-powered solution allows organizations to receive structured and validated corporate actions data across multiple languages directly into their existing systems in minutes instead of days. Phase 1 of the initiative, announced at Sibos last year,…

Chainlink expands industry initiative with 24 banks to cut $58B corporate actions cost

Global financial firms test Chainlink-led blockchain and AI system to standardize corporate actions and reduce settlement risk.