/biz/ - Business & Finance

>>17704788
bringing some chainlink merch (from last nights event) to the office this morning to share with my coworkers
they're going to be really happy since we're all big fans

>>17649386
also recently bought unibright

> https://www.forbes.com/sites/michaeldelcastillo/2019/10/01/morningstar-is-building-a-blockchain-bridge-to-the-117-trillion-debt-securities-industry/

> "In Morningstar’s case, the company is building its smart contract oracle, or “smart oracle,” as Brawer calls it, using a small team of existing employees. The oracle relies on third-party providers to convert business debt—say from a group of merchants looking to meet payroll—into tokens similar to bitcoin. The securitized tokens are then dispersed to investors via a smart contract, with the terms of the investment, the public addresses of the investors and the Morningstar rating all “living together” on the blockchain, as Brawer puts it. As of now, no new staff is being hired for the project, but Brawer says employees at DBRS, which Morningstar purchased this year for $669 million, have also been approached by prospective blockchain debt issuers and will likely be joining the Morningstar effort soon."

So what does this mean for Chainlink?

Will general purpose oracle frameworks like Chainlink find ample market share in an environment where big companies are just rolling their own oracles? If these companies can create secure oracles that their clients trust and dont need to pay oracle node operators for their services... Chainlink may not find much enterprise adoption outside of crypto space and defi.

Thoughts?

rotflmao
imagine not getting any pic related
> #358 on coingecko
> fresh correction on price
> stablecoining for a few hours
> about to pop again