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Chainlink makes a case for blockchain-driven finance at its first Hong Kong event

SCMP LogoSCMP4d ago

Chainlink makes a case for blockchain-driven finance at its first Hong Kong event - SCMP

Quick Summary:

As Chainlink touts its technology that has brought blockchain transfers to the Swift network, geopolitical scrutiny is growing in the space.

Banks will be able to start trials of digital asset transactions over Swift starting next year, the organisation said this month.“We’ve made a lot of progress integrating existing payment flows like Swift into blockchain events, and we’ve made a lot of progress in getting central banks more comfortable with interconnecting their chains,” Sergey Nazarov, co-founder of Chainlink, told the Post on the sidelines of the event.“I think at the end of the day, it’ll be a mix of interconnected central bank chains and existing payment systems like Swift interoperating with all of them.

SmartCon is larger this year than in the past, according to the company.

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Article Details

Author / Journalist: Matt Haldane

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 08:00:18 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 323 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23428366

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Official Website: scmp.com

Year Established: 1903

Headquarters: Hong Kong

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