This chapter discusses the role of Chainlink's Community Chain Improvement Proposal (CCIP) in enabling banks to interact with specific chains and contracts. It also explores the potential for CCIP to facilitate cross-chain transactions and the adoption of blockchain technology by banks. The chapter highlights the importance of real-world data and assets on the blockchain and the role of Chainlink's Oracle Networks in managing risk.
Sergey Nazarov is the co-founder of Chainlink. Chainlink, you might know as the price oracles for DeFi… providing DeFi with the data it needs to know prices. More ambitious than just prices, Chainlink is aiming to become the interoperability layer between all of TradFi and all of DeFi, acting as a gateway between onchain and offchain data. We’re going to explore that vision today on Bankless.