Why Chainlink Is the Gateway to Onchain Finance

Chainlink

21-02-2024 • 27 Min.

Conflict of interest is the problem that has riddled the traditional financial system and continues to rear its head, even in crypto.

In his Consensus 2023 keynote, Chainlink Co-Founder Sergey Nazarov called attention to this dangerous dynamic and explained how Chainlink provides an incentive-aligned infrastructure for DeFi to become the conflict of interest-free alternative it was always meant to be.

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

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