Chainlink Co-Founder Aims for Cross-Chain Standard as Banks Embrace Blockchain
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Sergey Nazarov is a co-founder of Chainlink, a decentralized oracle network bringing traditional finance firms onto blockchains.
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Chainlink has enabled over $9 trillion in transaction value since 2022 across banking, DeFi, trade, gaming, insurance and more.
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Nazarov aims to make Chainlink's Cross-Chain Interoperability Protocol the global standard for cross-chain data/value transfer between Web3 and capital markets.
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He predicts major financial institutions will launch blockchain initiatives in 2024, connecting back to public chains and growing crypto.
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Chainlink collaborated with SWIFT, DTCC, ANZ and others on using its protocol to bring capital markets on-chain.