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The Bull Case for $LINK (Chainlink) | ChainLinkGod & Fishy Catfish
Bankless
The Importance of LINK to Tokenized Real World Assets
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Understanding the existing trust assumptions of applications is crucial when adding a cross-chain protocol, as it determines the level of trust minimization. Chile's integrated platform combines various services in one, leading to lower costs due to economies of scale. This integrated approach offers a great value proposition with lower trust minimization, economies of scale, and network effects. When considering tokenized real-world assets, institutions require services like connecting to multiple blockchains, injecting assets with external data, moving assets cross-chain while ensuring updated data continuity. Chainlink provides a comprehensive solution by offering both cross-chain capabilities and real-world data integration securely, ensuring the context and integrity of tokenized assets are maintained across different chains.
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