/biz/ - Business & Finance

>>3835865


Chainlink was selected by the World Economic Forum's Tipping Point report as the "Shift in Action" for Smart Contracts, for their work on allowing smart contracts in the Bitcoin network to be automatically triggered by external data. -
(https://image.slidesharecdn.com/worldeconomicforumtippingpoint2015blockchain41-170330211144/95/world-economic-forum-tipping-points-report-1-638.jpg?cb=1490908469))

Chainlink is partnered with Cornell's IC3, to help launch the first Intel SGX secured link between smart contracts and external data. This more secure way of running an oracle is the future and they're glad to be moving it forward.
- (https://create.smartcontract.com/#/contracts/cc3ea3c76b5a60f171e0eaf223146f34?tab=info))


Chainlink has been chosen as a 2017 Blockchain Applications Cool Vendor by Gartner. This validates the value that CTOs and CIOs see in our more secure approach to connecting smart contracts with critical external resources. - (https://www.gartner.com/doc/3698947/cool-vendors-blockchain-applications-))

Chainlink is presently working with SWIFT on their own SWIFT Smart Oracle. Allowing smart contracts on various networks to make payments, send governance instructions, and release collateral with over 11,000 banks. - (https://www.slideshare.net/slideshow/embed_code/key/HJglipax9KmMPx))

That sounds good and all but what about supercomputers in every city?

So how do you how much you make if you bought 220 links at .47c?

Thumbs up man.

>>3835865

Thanks for bringing legit information concerning all things Chainlink to /biz. Despite the shill, fanboys and FUD, Chainlink is a very decent project. Hopefully more people will read through this information and see the gem that we already see.

>>3835880
ON every city. Know your meme son

>>3835869
>>3835865

SWIFT's premier blockchain project consists of two main pillars:
1) Distributed Ledger Tech or DLT (basically a blockchain)
2) Smart contracts

Smart contracts are meant to bridge the gap between external data and blockchains.

SWIFT is pretty far along with the first pillar (DLT), but has nothing at all yet for smart contracts; except for Smartcontract.com/Chainlink of course.

The "gpi" thing in OP's pic is a global payments initiative, and the third phase of gpi also involves DLT and related options.
This may very well include Smartcontract.com/Chainlink, of course; but the partnership is still in its infancy.

>SWIFT's premier blockchain project consists of two main pillars:
Source: https://www.swift.com/node/39911

Very first line of that SWIFT document:
>Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers.

Nicely outlines the two main parts as listed above: (1) DLT and (2) Smart Contracts.

Shit! all my links are gone.

Nice

>>3835916

All the more reason to purchase some more bro!

>>3835911

>>3836002
>>3835911
>>3835869
>>3835865

massive consulting firms like Capgemini are devoting entire reports to smart contracts, specifically mentioning Smartcontract.com (= Chainlink) and Sergey Nazarov by name as the sole smart contract solution that can use external data thanks to oracles.
Source: https://www.febelfin.be/sites/default/files/InDepth/smart-contracts.pd_.pdf

Excerpts:
>Sometimes, external inputs such as prices, performance, or other real-world data may be required to process a transaction, and oracle services help smart contracts with inputs such as these.

>Smart contracts will also need to be able to work with trusted external data sources if they are to utilize external information. Smart contracts can achieve this with the help of oracles – programs providing smart contracts with the data they need from the external world or carrying the commands they need to send to other systems. Sergey Nazarov, Cofounder and CEO, smartcontract.com – a startup specializing in building oracles – outlines how connectivity with real-world data will be key.

If you don't know what Capgemini is: https://en.m.wikipedia.org/wiki/Capgemini

Back in 2015 the World Economic Forum also mentioned smartcontract(s).com by name:http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24

I'll trust world-class economic influencers like WEF and Capgemini

About time we got one of these generals up. Lt. General reporting in

>>3835907
Can anyone find a link to that article? God I need it for a laugh.

No linkie here with no intention to buy in ever, must admit though, your faggots fomo game is strong

t.OMG hodler.

HOLY FUCK DIP DIP DIP YOU SON OF A BITCH

>>3836062
>>3835865
>>3835869
>>3835911
>>3836002
>>3836062

>finished product
>massive business relationships
>enormous marketing opportunity coming up at SIBOS
>sky-high industry interest already, see above
>beastly use case (mainstream fucking smart contracts)

B-b-bb-b-b-but...

>chainlink has -2 devs, would need to hire 2 devs even to have zero staff
>whitepaper is written on a bar towel covered in vomit
>ICO caused 9/11
>roadmap literally goes backwards to 2008 then crashes
>Sergey isn't even real he's a balloon with a face drawn on

Except

Confido has already adopted Chainlink as their oracle
https://www.youtube.com/watch?v=1SX0buv4bCc
https://www.huffingtonpost.com/entry/3-cryptocurrencies-to-keep-an-eye-on-that-are-not-bitcoin_us_59d22c36e4b034ae778d4c32
http://confido.io/
""We recently made the switch from Oraclize to Chainlink because of the decentralised aspect of Chainlink. The way we use Chainlink is pretty simple; our smart contracts track packages by using multi-carrier shipping API’s like Easypost and Postmen to view the delivery status of a package. We connect to, and pull data from, these API’s using Chainlink.
Before we made the switch from Oraclize to Chainlink we relied on one single API to serve us the correct data, which simply wasn’t secure enough when dealing with people’s money. Chainlink allowed us to stay decentralised and improve the security of our platform by allowing us to pull data from several API’s.
We are bullish on LINK and hope to accelerate the adoption by using it in our own project. There are so many use cases for LINK, our project is just one of them.""

>>3836101

- General of ChainLink: General Sergey Nazarov
- General: 5000001+ LINK
- Lieutenant General: 250001-500000 LINK
- Major General: 175001-250000 LINK
- Brigadier General: 125001-175000 LINK
- Colonel: 750001-125000 LINK
- Lieutenant Colonel: 50001-75000 LINK
- Major: 35001-50000 LINK
- Captain: 25001-35000 LINK
- First Lieutenant: 20001-25000 LINK
- Second Lieutenant: 15001-20000 LINK
X<><><>X<><><>X
- Sergeant Major: 10001-15000 LINK
- Master Sergeant: 9001-10000 LINK
- Sergeant First Class: 7501-9000 LINK
- Staff Sergeant: 5001-7500 LINK
- Sergeant: 3501-5000 LINK
- Specialist: 1501-3500 LINK
- Corporal: 501-1500 LINK
- Private: 1-500 LINK
TFW You were once a specialist but learned the lesson of weak hands and am now only a Corporal Q_Q

It's why I'm compiling the anti-FUD to inform others

>shitcoins bow to chainlink
>devs in contact with multinational bankers
>Sergey rumoured to possess psychic abilities
>control the blockchain with an iron fist
>own banks all over the world
>direct descendant of the satoshi royal blood line
>will bankroll the first cities on Mars (Linkdangrad will be be the first city)
>own basically every DNA editing research facility on Earth
>first designer babies will be Chainlink Babies
>both developers said to have 200+ IQ
>ancient Indian scriptures tell of two angels who will descend upon the Earth and will bring an era of enlightenment and unprecedented technological progress with them
>They own Nanobot R&D labs around the world
>You likely have Linkdabots inside you right now
>Seregy is in regular communication with the Archangels Michael and Gabriel, forwarding the word of God to the Orthodox Church
>They learned fluent French in under a week
>Nation states entrust their gold reserves with the Sergey. There's no gold in Ft. Knox, only Chainlink
>The devs are 67 years old, from the space-time reference point of the base human.
>In reality, they are timeless beings existing in all points of time and space from the Chain bang to the end of the universe
>Sergey will guide humanity into a new age of wisdom, peace and love

>>3835865
Posted this in the last thread but thoughts?
Theoretically since this token isn't mineable and there is only a certain amount to be given away. It could be a possibility that in his mind these tokens will be valuable and the more value they have the less he will have to pay for the node operators. This will keep the business operating at full force and keep the node operators happy. Also the share holders, $80 per token might not be that farfetched

>>3836320
... I'd have $80,000 which is a lot of money for me.

t. pooorfag

Memes incoming

>>3836320
The total supply is misleading. Because nodes need to stake Link and 10k is what Rory considered the minimum for a reasonable amount of trust a lot will be locked up in staking. Roughly half are likely to be in nodes if not more. If those running the nodes just accumulate it causes the price to rise leading to the nodes selling it back to the market.

>>3836500
It works both ways, if poorLINKers stake 10k nodes, richLINKers will stake 100k nodes, richLINKers get richer, poorLINKers will be fighting tooth and nail to get higher priority by staking higher and higher staked nodes which will eventually happen to richLINKers as well.

This effect will be exponentially worse if there is a clear cut most profitable data stream.

You are talking about an arms race if ChainLink actually gets off ground and we reach higher and higher LINK prices.

>>3836494

who the fuck is this retard with the 180k buy order at 9.3...

i need this shit to dip back to 8k so i can buy back in...FUCK...

We're gonna make it bros.

https://www.youtube.com/watch?v=WOuI4OqJfQc

>>3836538
>>3836494

>>3836531
You are wrong, you don't even need any Link to run a node and priority will be based on the efficiency and reliability of each node. If you are tech savy and create a great node for a certain niche, you will be raking in way more Link than some dude running a cookie cutter node with 200k Link staking.

Links staked is secondhand when determining node priority.

>>3836197

>>3829174
Glad to see the Rank System is taking root - MAJ Aleron Reporting in.

>>3836580
God, you are so fucking stupid.

Staked LINK determines priority.

If you can make a node for a certain niche and you are the only node, why the fuck would you need priority when you are the only provider?

Where do I say you need LINK to stake a node? You autistic fucks are harmful to LINK. Sell your shitty little stack and get the fuck out of these threads.

>see green numbers and bars
>instantly start stroking my cock to my gains

this is better than sex

>>3836602
I absolutely love it. Corporal reporting in, I'm such a small fish but I gotta do my part.

>>3836617
I bet I still have more link than you you fucking retard and I sold most of my stack today.

Staked Link does NOT determine priority if a node is more efficient it will take PRIORITY retard staked link only acts as a tie breaker Sergey has stated this millions of times you don't even need Link to run a node kill yourself moron.

>>3835865

Link is rallying for moon position, it's been forcing its way all day.

>>3836637
More LINK then me?

>Where do I say you need LINK to stake a node?

The fucking network is based off multiple data streams, that require various degrees of precision or accuracy or whatever the oracle requires, most nodes will be data from the exact same providers.

Fucking prove you have more LINK then me dipshit, if you do I'll market sell my entire stack on Binance so people can pick up LINK for pennies.

That or shut the fuck up.

>>3836645
Just wait until after SIBOS
Just wait till EOY

>>3835865
I don't really see a scenario in which this coin doesn't reach at least a billion dollar marketcap.

Captain reporting in!

Waiting till this shit hits 100$ a coin and then I'll be sipping margaritas at the beach with my soldiers

>>3836736

>>3836700
Dude

I saw you in the other thread, are you so salty because you sold half your stack and should've hold, or are you just angry because all the link you can buy will still not give you the love momy never gave you

>moon mission
You linkies are so deluded.
Nobody outside of /biz/ knows this exists still.
It can't moon unless it gets positive reception at SIBOS and the way things are going... It doesn't seem like it will.

>>3836758
What the fuck are you talking about you brainlet?

>>3836761

yet you are posting in this thread. gtfo then. If link bothers you so much, stop posting about it. Is it that hard?

>>3836635

Awesome, I look forward to seeing the LINK Marines thrive all the way to the day we all make it. To Valhalla Brother!

>>3836761
What is "the way things are going"? Inb4 stuttering pothead memes.

>>3836761
>>3836761
>>3836761
>>3836761


Massive consulting firms like Capgemini are devoting entire reports to smart contracts, specifically mentioning Smartcontract.com (= Chainlink) and Sergey Nazarov by name as the sole smart contract solution that can use external data thanks to oracles.
Source: https://www.febelfin.be/sites/default/files/InDepth/smart-contracts.pd_.pdf

Excerpts:
>Sometimes, external inputs such as prices, performance, or other real-world data may be required to process a transaction, and oracle services help smart contracts with inputs such as these.

>Smart contracts will also need to be able to work with trusted external data sources if they are to utilize external information. Smart contracts can achieve this with the help of oracles – programs providing smart contracts with the data they need from the external world or carrying the commands they need to send to other systems. Sergey Nazarov, Cofounder and CEO, smartcontract.com – a startup specializing in building oracles – outlines how connectivity with real-world data will be key.

If you don't know what Capgemini is: https://en.m.wikipedia.org/wiki/Capgemini

Back in 2015 the World Economic Forum also mentioned smartcontract(s).com by name:http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=2

>>3836062

Just saw a big truck delivering a supercomputer to city hall wtf is going on?

>>3836700
B-Brigadier General?

>>3836795
Big investors still aren't ready to just jump into crypto.
Big boys like money skeleton aren't very impressed by this, they are looking at other things.
I would be lying if I said LINK doesn't have potential, but I think it may be too early for this technology.
If I wanted an excessively long term hodl I would just throw everything into bitcoin.

>>3836761
>>3836798

My dick is so fucking hard for LINK. This one is so fucking obvious, it's the easiest buy since ETH. The fact that some people are buying the FUD and selling or passing up on this one is literally fucking astounding to me. The ChainLink team hasnt even made one announcement yet. They have many things coming including Phase 2 implementation with SWIFT, Intel SGX intergration, exchange listings etc. Despite ZERO news the price has been steadily rising with the floor getting higher and higher. As soon as ChainLink even thinks about making one tweet this thing is going to blow into the top 20 to top 10 coins so fucking fast. Look at all the shitcoins with huge market caps, and this one is still around 150 million. This train is about to leave the station.

Get with it.

>>3836810
Take note Lads, this is how you LINK meme with the Rank System!

>>3836840

why are you even here? Don't you get tired of ranting and going on about a project you don't see any current future for? Is it not exhausting? Go invest in bitcoin and give it a rest already. Go be happy. Shills gonna shill. Accept it and let it go. Ignore it.

>>3836866
absolutely man.
I really hope LINK makes us rich as fuck, I haven't seen such a good opportunity since the day I discovered bitcoin and i'm all innit since over a week.

>>3836866

Wut mate? That was intense xD Happy for you though. Keep buying link fellow marine!

>>3836162

damn that confido news is awesome ty for sharing

>>3836840
>Big investors still aren't ready to just jump into crypto.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

See: https://www.coindesk.com/barclays-joins-cls-blockchain-consortium-search-swift-alternative/
>major financial institutions are banding together to look for blockchain solutions because they think SWIFT isn't quite moving fast enough.

See: http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24
>World economic forum talking about smart contracts and crypto as a technological tipping point, specifically mentioning Chainlink/Smartcontract.com by name

See: https://www.capgemini.com/consulting/wp-content/uploads/sites/30/2017/07/smart-contracts.pdf
>massive consultancy and IT firm Capgemini devoting an entire report to the importance of smart contracts, specifically mentioning Chainlink/Smartcontract.com and Sergey Nazarov by name as the only providers of a smart contract solution that can use external data

See: https://www.swift.com/node/39911
>SWIFT itself saying how "Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

tl;dr not only are big investors tripping over themselves to adopt blockchain tech, they are specifically lusting after smart contracts.

>>3836806
As long as it's not being delivered ON city hall, nobody cares.

>>3836625
this orgasm lasts longer than a second. absolutely better than sex

Link Private here looking forward to one of the game changers of the decade.If anyone wants to promote me to corporal it would be greatly appreciated fellow Link brothers. Long live Sergey

0xc832146aa22823002a08851a6705dab1d0280db3

>>3835907
On EACH city. Know YOUR meme son

This is a good thread. If you are seeing it, you are in the know. /biz/ isn't always right, but when it is, look the fuck out

aaaand were fucked....

>>3839655
Well bitcoin just mooned above 5k.

You have to wonder who the retards are that start selling alts to FOMO buy bitcoin at the new ATH.

>>3839669
probably bunch of /biz/ lurkers and normies

>>3839655
It already went up by the time you finished posting that...

>>3839754
my optimism = restored

I still can't get over the fact that Sergey registered that domain name 6 days before bitcoin was ever mentioned AND has the same initials and no. of syllables in his name, like he obviously just took his own name and made a Japanese version of it

Yes yes, Chainlink is good. Still dropping thanks to fucking bitcoin. Ill buy in after the fucking BTC bullrun.

>>3839912
youre already too late desu

>be general
>open binance to check my gains
>30 min chart
>see this
FUUUUUUUUUUUCK

>>3840114
Stop being a little bitch. Go outside, walk the dog or something. What you are seeing is normal thanks to fucking bitcoin...

>>3840114
just whalegames as always

>>3839912
You're very smart, do the same as all the other sheep! Or you can be an incredibly dumb person like me and buy the dip.

>>3840141
Gotta agree, buy, hodl, and check back in a couple weeks. You'll go insane tracking every rise and fall.

>>3836590
this i like

Day trader here. Just need it back to 7.2k and I'll hold with you guys again for a bit. Sorry for the fud, just business.

>>3841215
STOP

I HAVE A BAD FEELING ABOUT THAT SERGEY WILL FCK THIS UP AT SIBOS

Iron hands boys

So chainlink is the new stratis?

>$54 when!!!

>>3842839
chainlink is the new signatum
>$1 soon

whatever, someone's gotta pay for sergay's offices in SF (one of the most expensive places to have an office).

>>3842881
>signatum

I-is this a good one or something?

It looks like a shill coin

Please chainlink gods I have all my crypto investments in you. Don't let me down, I need my lambo one year from now. In Sergey's name AMEN.

>>3839898
he is the hodler of 1000000btc, wich was just his experiment. wait till he flips it for LINK!!!

>Sergey is a balloon with a face drawn on

I laughed

Dumb question, but where do yall secure your LINK? Mine are just sitting on binance now and I just want to hodl, not trade or anything. Should I get an ether wallet?

>>3843983
Just buy a nano ledger, works great

>>3836162
Can tell you're a genuinely funny guy irl

>>3843983
myetherwallet

>>3835865
Bitcoin is mooning so hard. Are we going to make it? Will we break the BTC ATH?

>>3844238
We broke it 4 times last night.

>>3844316
ATH is almost 12k.

>>3835865
Ok but when is it mooning?

>>3836239
Faaaaaark the Link dream is real.

>>3836866
This got me hard af.