Thousands of attendees gathered together at #SmartCon 2022 for two jam-packed days of keynotes, presentations, networking, satellite events, and afterparties.
Here's what it was like to be on the ground in #NYC.
2/ The conference took place at The Market Line—an expansive, three-floor space perfect for everything from in-depth technical discussions to making new friends.
3/ There were four presentation stages: Aristotle, Descartes, Rand, and Socrates.
Here, 150+ of the brightest minds from across Web2 and #Web3 spoke about the developments pushing our space forward.
4/ From live music to secret treasure hunts, Big Mac meals to an elaborate mural, there were experiences hidden at every corner of the conference.
5/ Attendees ended each conference day at SmartCon afterparties, with lines that wrapped around the block.
Afterparties were the perfect way to decompress, whether they took place under the famous NYC skyline or inside the vibrant Museum of Ice Cream.
6/ Thank you to all those who played a part in bringing the SmartCon 2022 experience to life.
We hope to see everyone again next year.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
We're excited to announce the results of an industry-wide corporate actions initiative between Chainlink, Euroclear, Swift, & 6 financial institutions.
We successfully demonstrated how AI, oracles & blockchains can solve a decades-long unstructured data challenge in finance🧵⬇️
Read the full report below, which covers the solution design, key outcomes, participant insights, and the next phase of the initiative: pages.chain.link/hubfs/e/transf…
The Challenges With Corporate Actions Today
Corporate actions events (e.g., dividends, stock splits, tender offers, mergers and acquisitions, etc.) present one of the most complex unstructured data problems in the financial world.
Today’s inefficient corporate action processes cost regional investor, broker, and custodian businesses approximately $3-5 million each annually, with 75% of firms re-validating custodian and exchange data manually.
Initially presented in human-readable formats like PDFs and press releases, corporate actions data undergoes a complex journey through custodians, brokers, fund managers, exchanges, and ultimately investors.
Key challenges include:
• No standard method for announcing events
• Extensive manual data cleaning efforts
• Lack of standardized data
• Fragmented ecosystem
• No single source of truth
1/ #Chainlink Data Streams is now live on @avax with @GMX_IO V2.
How Data Streams levels up GMX’s DeFi perps with high-throughput market data and automated execution 🧵 prnewswire.com/news-releases/…
2/ Data Streams offers next-gen speed while utilizing Chainlink’s credibly neutral oracle infrastructure.
The low-latency oracle solution enables GMX to deliver a seamless UX by providing unprecedented onchain execution speed and security. gmxio.substack.com/p/gmx-v2-is-no…
3/ Data Streams involves two main components:
1. Low-latency oracles serving an offchain stream of high-fidelity market data at a sub-second frequency.
2. Automation infrastructure that monitors for transactions, retrieves offchain data, & bundles them with settlement orders.
We’re excited to share the results of a new Smart NAV industry pilot between @The_DTCC, Chainlink, and 10 of the world’s largest financial institutions that delivered key mutual fund data onchain.
Processing $2+ quadrillion annually, The Depository Trust and Clearing Corporation (DTCC) is the premier post-trade market infrastructure that provides clearing, settlement, asset servicing, data management, & trade reporting around millions of security transactions each day.
The pilot demonstrated how DTCC and Chainlink can make net asset value (NAV) data available across virtually any private/public blockchain.
This enables automated data dissemination and historical data access, which unlocks a multitude of use cases around fund tokenization.
Here's what #Chainlink is up to at the world's largest developer and engineering conference 🧵👇
🎙️ Talks
Join Chainlink Labs Developer Advocate Richard Gottleber on February 22 at 9:30AM PT for a skeptic's introduction to building on the blockchain: developerweek2024.sched.com/event/1aDVe
💻 Hackathons
There are $2,000 in prizes on offer for the #DevWeek2024 hackathon projects that best leverage the power of Chainlink and blockchain technology.
1/ Cross-chain security isn't a nice-to-have—it's a necessity for all chains and protocols that want to keep their user funds secure.
How CCIP achieves the highest level of security 🧵
2/ CCIP features multiple layers of decentralization and an independent Risk Management Network for verifying transactions, making it the only cross-chain interoperability protocol that reaches the highest level of cross-chain security. blog.chain.link/five-levels-cr…
3/ CCIP’s Risk Management Network utilizes security design principles from the aerospace industry to maximize redundancy & fault tolerance.
This first-of-its-kind innovation is the only solution that can provide robust security for the cross-chain economy.blog.chain.link/ccip-risk-mana…
This new case study showcases how ANZ Bank (@ANZ_AU)—one the world’s largest banks with $1+ trillion in total assets under management—successfully demonstrated cross-chain tokenized asset settlement with #Chainlink CCIP.
Using the ANZ Digital Asset Services (DAS) portal along with CCIP as an abstraction layer, the case study demonstrated how ANZ customers could use CCIP to securely transfer ANZ-issued stablecoins cross-chain to purchase nature-based assets.
“Chainlink CCIP played a key role in abstracting away the blockchain complexity of moving tokenized assets across different chains and ensuring atomic cross-chain DvP.”—Lee Ross, Technology Domain Lead, @ANZ_AU