1/ I've heard through the grapevine of some F500's projecting the global market opportunity for DLT (blockchain) is ~ $1 Quadrillion USD. People don't understand the extremity of what is about to take place in the data/automation revolution, aka #4IR.
2/ The world is going to be data-fied and fed to computers to automate manual processes. DLT is what is going to enable this. Enterprises are expected to save 30%+ in operating costs by using this technology compared to manual labor currently used.
accntu.re/37mt5Nx
3/ However, this automation isn't possible from a "trust" perspective without @chainlink's technology which connects data (weather, GPS, financial, etc.) to smart contracts (tools of automation run on the blockchain) in a decentralized, trustless manner.
@chainlink 4/ $LINK: I can trust this data automating my process because it was determined by a consensus of 1000's of computers (nodes).
VS.
Centralized Oracle: I can't trust this piece of data because it's now a single point of failure to alter my automation's end result.
@chainlink 5/ This seems like a pretty glaring issue. One might say, "I wonder why no one else is working on this?"
The reason being that no one, besides $LINK, saw this far ahead of the issues that would arise from trying to move to DLT infrastructure for process automation.
@chainlink 6/ The best analogy would be owning equity in http (the protocol that runs the whole internet) but on steroids. If $LINK doesn't work then DLT will not be adopted and it will die. If it does work then it enables this $1 Quadrillion global market.
bit.ly/2v8Xtg7
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