.BankofAmerica says Chainlink could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling. By willcanny99
People walking past a Bank of America billboard
The blockchain’s market-leading decentralized oracle network has seen major adoption. Chainlink is the likely driver behind the growth of decentralized finance’s total value locked to $203 billion as of Feb. 15, a gain of 313% year-on-year, analysts led by Alkesh Shah wrote in the note on Wednesday.is an umbrella term used for lending, trading and other financial activities carried out on a blockchain, without needing to use traditional middlemen.
As of Feb. 15, Chainlink oracles secured more than $60 billion deposits into smart contracts, up from $7 billion at the end of 2020, the bank said. Bank of America noted that over 1,100 projects leverage Chainlink’s network, and companies including the Associated Press, AccuWeather, Sportmonks and 800 others have launched oracle nodes to monetize their data.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Russia 'likely' to launch 'limited' military attack against Ukraine, says Estonian intelligenceRussia is continuing to move troops to the Ukrainian border and will likely launch a 'limited' military attack against the country, the head of the Estonian Foreign Intelligence Service said on Wednesday.
Weiterlesen »
Los Angeles Lakers' Anthony Davis (ankle) likely out at least 2 weeks, sources sayLakers forward Anthony Davis will undergo an MRI on his right ankle on Thursday, and sources told ESPN he is expected to miss at least two weeks.
Weiterlesen »
California to Unveil Shift to ‘Endemic' Approach to VirusCalifornia officials will unveil later Thursday a new state plan that aims to coexist with the pandemic as the coronavirus is in retreat but not expected to disappear anytime soon.
Weiterlesen »
Unhoused Texans weather another winter storm with little aidAn affordability crisis is driving an increase in the number of people experiencing homelessness across the state. The greater demand for shelter can be especially challenging for rural counties, where resources can be more limited.
Weiterlesen »
How DS plans to double UK sales in 2022 | AutocarNew 4 and 9 models from French brand will build on increasing brand awareness to deliver big growth, says MD
Weiterlesen »