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Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and BlockchainKey Indicator Lends Credence to $100,000 Bitcoin
Coin Desk
Coin Desk
-October 21, 2024

Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and BlockchainKey Indicator Lends Credence to $100,000 Bitcoin

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Revolutionizing Corporate Data: The Future is Here!

Chainlink is teaming up with big players like Euroclear and Swift to streamline how we track important corporate events like mergers and dividends. This initiative will fix the messy, fragmented data situation in finance by creating "Golden Records" that everyone can trust. Say goodbye to manual errors!

Blockchain Meets AI: A Game Changer for Finance

By combining blockchain tech with AI, Chainlink is turning disconnected corporate data into a unified source of truth. This means faster, error-free transactions and significant savings for businesses. It’s like upgrading from dial-up to fiber-optic internet!

The Big Players are All In: Who's Joining the Fun?

Major financial firms, including Franklin Templeton and Wellington Management, are on board, alongside crypto innovators like Avalanche and ZKsync. This diverse collaboration shows that both traditional and digital finance are ready to level up together!

Efficiency is Key: Cutting Costs and Errors Together

Automating data collection could save companies millions—seriously! By reducing reliance on outdated manual processes, this initiative is set to boost operational efficiency across the board.

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