Chainlink Unveils Monumental Upgrade to Power All Finance Onchain | Sergey Nazarov at SmartCon 2024

Keynote slides: https://blog.chain.link/wp-content/up... Chainlink Co-Founder Sergey Nazarov delivers this year's SmartCon keynote in Hong Kong. He explains how Chainlink is the global standard powering all of onchain finance, bringing together the worlds of DeFi and traditional finance. From working with Swift, the international bank messaging standard for 11,000+ banks, to Lido, a leading liquid staking solution in DeFi, Chainlink’s infrastructure is being adopted by major players across both industries. Now, a monumental platform upgrade will rapidly increase the rate of adoption. A key part of this global standard is the newly announced major upgrade to the Chainlink platform: the Chainlink Runtime Environment (CRE). Along with CCIP, it makes it easier than ever for financial institutions and DeFi developers to build advanced, cross-chain, blockchain-based applications from a single environment. Explore CRE: https://blog.chain.link/introducing-c... 0:00 Welcome 0:30 Global Standard 3:14 History of Financial Systems 6:19 Chainlink Runtime Environment 9:56 Unified Smart Contracts 16:06 Blockchain Privacy 20:42 DECO Sandbox 23:26 $16T TVE 26:12 SmartData Standard 28:04 CCIP Upgrade 33:05 Cross-Chain Billing 35:35 Low-Latency Data Streams 38:40 Chainlink’s Vision 41:58 Internet of Contracts Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $16 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. ✅ Subscribe and turn notifications on:    / @chainlink   Learn more about Chainlink: Website: https://chain.link Docs: https://docs.chain.link Twitter:   / chainlink   #Chainlink #crypto #onchain