/biz/ - Business & Finance

toasting in epic bread

>>5775357

I got 50,000 Link /biz/ tell it to me straight. $1,000/Link, will it happen?

Santander estimated banks can save an estimated $20 billion a year with blockchain:

"In time, distributed ledgers will support 'smart contracts' – computer protocols that verify or enforce contracts. This will lead to a wide variety of potential uses in securities, syndicated lending, trade finance, swaps, derivatives or wherever counterparty risk arises."

Source: https://www.coindesk.com/santander-blockchain-tech-can-save-banks-20-billion-a-year/

Also, we saw SmartContract unveiled a new a proof-of-concept (PoC) built with assistance from five major financial institutions at Swift's Sibos conference.

Barclays, BNP Paribas, Fidelity, Societe Generale and Santander.

Source: https://www.coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms/

What do you speculate all these corporations would be able to save using LINK & Smartcontracts?

Since Ripple was able to achieve a $70 billion marketcap as of December 29, 2017 for the banking industry.

How high can Chainlink go since it has use cases for multiple industries (bank, insurance, trade finance, gambling, sports)?

My guess is that if institutional money starts flowing into crypto...Chainlink would fit their investing criteria.

Why is this mooning rn? I'm starting to get tempted to buy in

IT'S RISING

It's actually about to happen. You can feel it in the air.

IT'S HAPPENING

I've done some digging and found some interesting accounts on the pre-ICO Link main-net:

Siddharth Verma - Exec VP of Tracxnlabs, VC firm
https://create.smartcontract.com/#/profiles/siddharth
http://tracxnlabs.com/

Scott Raymond - AirBnb
https://create.smartcontract.com/#/profiles/scottraymond

Global Hedge Fund:
https://create.smartcontract.com/#/contracts/ac345213037240b1bfeaf32c7aae0ba7

Smart Bond (Seems Real, 400USD transferred, view agreement PDF):
https://create.smartcontract.com/#/contracts/3575b07de7a520c49605549e9bce20ec

Techemy Ltd:
https://create.smartcontract.com/#/profiles/Techemist

LendingRobot - P2P Lending (Active Contracts sending data to ETH, looks like production use)
https://create.smartcontract.com/#/profiles/LendingRobot
https://www.lendingrobot.com/#/
KRAKEN (No active contracts)
https://create.smartcontract.com/#/profiles/KRAKEN
https://create.smartcontract.com/#/profiles/KRAKENCONTRCT1

US Safefty Consultant (Interesting Profile Description)
https://create.smartcontract.com/#/profiles/PrimetimeShel

I don't think some people understand how big Chainlink will be. This will definitely will be a top 10 coin

$100 EOY 2018. The sad thing is you don't realize just how likely this. What is happening right now is the most epic game of chicken you've ever heard about with everyone and their mother fully aware of what Link is going to do but all of them thinking they have time. They don't have time. They never have time.

Jesus we're about to hit ATH . WTF is happening.

>All that Iota money is going to move into Link as the next moon mission
>All of crypto looking for the next undervalued gem
>It's Link
>Synchronized with incoming December announcements
>You are finally exactly where you need to be

Psst. Link is pumping.

WHEN ARE THEY GONNA START HYPING THIS REEEEEEE

The Link FUD is getting to me someone tell me its gonna be alright