190 - Sergey Nazarov on Chainlink’s CCIP
Bankless
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Mitigating Systemic Risk with Blockchain
This chapter explores how blockchain technologies, particularly Oracle Networks and CCIP, can address systemic risks in financial products by ensuring transparency and security during asset transfers. It also emphasizes the essential role of the DTCC in the settlement of securities and the necessity for integrating traditional finance with blockchain solutions. Additionally, the conversation covers the importance of true decentralization in building secure cross-chain systems and critiques superficial claims of decentralization in the industry.
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