/biz/ - Business & Finance

Insider here, chainlink related.

In the manufacturing industry, there's something called AQL (Acceptable Quality Limit), which tells you how many samples from a batch you have to take and how many can be defective before you reject the whole batch for quality reasons.

We have different AQL's for different industries, the most stringent being the medical, and the aerospace industries. However, we have hundreds of levels for different industries (furniture, automotive, clothing, electronics, etc.).

The gist of it, is that you have to provide proof of the sampling process for the corresponding buyers of your product.

Chainlink network is pretty simple. Companies' buyers will be the next companies down the line, banks' buyers will be fintech startups, dapps' buyers will be the customers directly.

What does AQL's have to do with Chainlink? Depending on the needs of the company, you'll be able to take a bigger sample (more nodes = more expensive, used for banking, identify confirmation for dapps, medical records, etc), or a smaller one (simple dapps = cheaper).

Banking corporations are about to push hard for technical legislation regarding the amount of decentralization that a fintech company has to provide, for them to be able to use the bank's infrastructure (quantity of nodes, monetary rewards, uptime, etc.).

Banks are hoarding LINKs right now. Expect a huge announcement December 2019, yes 2019 (not 2018).

For now, bulls sleep.

fags check out the link below tomorrow at 9:00AM ET
https://www.sec.gov/cgi-bin/browse-edgar?company=salesforce&owner=exclude&action=getcompany