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/biz/ - Business & Finance


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56172988 No.56172988 [Reply] [Original]

Here's a possible theory

1. Deutsche Telekom AG's Support for Chainlink: As Europe's largest telecommunications company, Deutsche Telekom sees the value of decentralized finance (DeFi) and recognizes Chainlink as an important oracle service for the DeFi ecosystem. They may be exploring ways to integrate Chainlink technology into their existing infrastructure to enhance data reliability and security.

2. T-Systems Multimedia Solutions (MMS) Staking on the Flow Network: Deutsche Telekom's subsidiary, MMS, has started staking on the Flow Network, a proof-of-stake blockchain. This suggests that they are actively participating in the blockchain ecosystem and exploring the potential benefits of staking and validating transactions. By engaging with the Flow Network, they gain practical experience and understanding of blockchain technology.

>> No.56172992

3. STMicroelectronics' NB-IoT Certification: STMicroelectronics, a global semiconductor company, has obtained NB-IoT certification for its modules. NB-IoT is a low-power wide-area network (LPWAN) radio technology that enables connectivity for Internet of Things (IoT) devices. By integrating Chainlink's oracle services with their NB-IoT modules, STMicroelectronics can enhance the reliability and security of data feeds for IoT applications.

4. Vodafone and Aventus Strategic Alliance: Vodafone, a leading telecommunications company, has formed a strategic alliance with Aventus, focusing on public blockchain transition. This collaboration indicates their interest in leveraging blockchain technology to enhance supply chain and logistics operations. By incorporating Chainlink's oracle services, they can bring real-world data onto the blockchain, enabling trust and automation in their processes.

Considering these collaborations and developments, it's plausible to speculate that these entities may be working together to implement Chainlink technology across various systems. By integrating Chainlink's decentralized oracle network, they can leverage accurate and reliable external data for smart contracts, blockchain applications, and IoT devices. This integration could enable seamless interoperability, data integrity, and automation across different industries and systems.

>> No.56172999

>>56172988
checked and I'm happy for you or sorry that happened.

>> No.56173001
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>> No.56173006

go to sleep linkchud

>> No.56173126

>>56172999
Checked

Based on the information provided, as well as the collaborations and initiatives mentioned, here is an educated theory on how these companies could potentially use their hardware to create a massive, distributed Chainlink node system:

1. Collaboration and Partnerships: Companies like IBM, Microsoft, Vodafone, and Deutsche Telekom have established collaborations and partnerships with Chainlink, indicating their commitment to exploring and integrating Chainlink technology into their systems. These partnerships can involve the integration of Chainlink's oracle services into their existing infrastructure, including their hardware.

2. Integration with IoT Devices: IoT devices, such as smart sensors, wearables, and connected devices, can be integrated as Chainlink nodes. These devices can provide a vast amount of data from various sources, making them valuable contributors to the Chainlink network. Companies like Vodafone and Deutsche Telekom, with their extensive telecommunications infrastructure, can potentially leverage their IoT networks to integrate IoT devices as Chainlink nodes, creating a distributed network of data sources.

3. Cell Phones as Chainlink Nodes: With millions of cell phones in use globally, they can also serve as Chainlink nodes. Companies like Vodafone and Deutsche Telekom, which are major telecommunications providers, can explore the possibility of integrating cell phones as Chainlink nodes. Through their existing networks and technology, they can provide the necessary infrastructure to enable cell phones to securely contribute data feeds to the Chainlink network.

>> No.56173133

4. Distributed Network Architecture: By leveraging their collaborations, partnerships, and existing hardware infrastructure, these companies can create a distributed Chainlink node system. This system would consist of a vast network of IoT devices, cell phones, and other hardware components acting as Chainlink nodes. These nodes would collectively provide a massive, distributed network of data sources, enhancing the scalability, reliability, and security of the Chainlink network.

5. Data Validation and Security: To ensure the integrity and reliability of data feeds, these companies can implement validation mechanisms and security measures. This could include implementing consensus algorithms and encryption techniques to verify and secure the data provided by the distributed Chainlink nodes. By leveraging their expertise in telecommunications and data management, they can establish robust systems to validate and secure the data from the distributed nodes.

>> No.56173134

>>56172988
It might seem schizo at a first glance but... remember that Vodafone website, that at the very bottom had the Chainlink logo as a partner? Yeah, that seemed eerily familiar

>> No.56173153

>>56172988
on a scale from $6.66 to 81k, how bullish is this? and how soon?

>> No.56173161

>>56172988
Cute. Let’s see what else is Deustche Telekom working on regarding crypto:
https://www.telekom.com/en/media/media-information/archive/dt-partners-with-energy-web-to-accelerate-the-energy-transition-1040448

>energy web, total shitcoin

You can’t fool me, all of these companies chainlink works with are also working with other crypto projects. Chainlink is not special, nor their only option.

>> No.56173182
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>>56173161

>> No.56173213
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56173213

can link just fucking pump
i think we have earned this
THE UNIVERSE OWES ME MONEY

>> No.56173220

Good content. What else do you have?

>> No.56173224

>>56172988
based schizo. i remember going all in after laying on the floor for hours and imagining iot companies placing purpose built sensors into every conceivable financially pertinent event in the world and that becoming "the" oracle network. glad i'm not the only retard here

>> No.56173232
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>>56173161
>>56173182

>> No.56173244

>>56173153
Working on that next

>> No.56173259
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>> No.56173263

explain this to me like i'm retarded

>> No.56173274

>>56173153
First slowly…Then all at once.

>> No.56173282

>>56173274
Are you talking about Sergey’s dumps?

>> No.56173297

>>56173263
Chainlink price go up soon. Chainlink price go very high and not come down. Chainlink becomes bigger than ETH within a year or two. NoLinkers find way to end their lives due to regret of not buying. Link holders are happy and wealthy for investing in one of the largest opportunities on this planet. You understand simple explanation retarded person?

>> No.56173305

>>56173297
>Chainlink price go up soon. Chainlink price go very high and not come down. Chainlink becomes bigger than ETH within a year or two.
Linkers have been saying this will happen every year for the last 6 years. Dumb shills, we can see the archives, you know that right?

>> No.56173306

>>56172988
The technology is really not that complex to use an IoT device as a data source.
It could be used for things like crop insurance.
This will fuel a multi decade long smart contract expansion in the world.

What really needs to be done is for someone to finally start using blockchains so that others will try to copy the success and start the adoption.
We should start to see ban adoption next year with CCIP.

>> No.56173314

>>56172988
Also checked!

>>56173306
meant bank adoption

>> No.56173316
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56173316

>>56173220
>>56173259


1. Telco Network Capabilities: The CAMARA Project aims to expose telco network capabilities via APIs, simplifying network complexity and providing benefits across telco operators and countries. This aligns with the idea of leveraging the hardware infrastructure of companies like Deutsche Telekom to create a distributed Chainlink node system. By exposing network capabilities through APIs, these companies can contribute to the Chainlink network and provide enhanced service capabilities.

2. Deutsche Telekom's Developer Marketplaces: The article mentions that Deutsche Telekom will announce details of its developer marketplaces and Early Adopter Programs for CAMARA APIs. This indicates that Deutsche Telekom is actively working on creating an ecosystem for developers to access and utilize telco network capabilities. By integrating Chainlink's oracle services into these developer marketplaces, Deutsche Telekom can enable developers to leverage the Chainlink network and contribute to the distributed Chainlink node system.

>> No.56173323

>>56173316
3. Chainlink's Data Feeds and Deutsche Telekom's Involvement: The article highlights that Deutsche Telekom's subsidiary, T-Systems, provides data feeds to applications such as Synthetix and decentralized exchanges using Chainlink's technology. This showcases Deutsche Telekom's understanding and involvement in decentralized finance (DeFi) and the use of Chainlink's oracle services. By actively participating in the Chainlink network, Deutsche Telekom is positioning itself to contribute to the distributed Chainlink node system.

4. Open Gateway and CAMARA: The information mentions that carriers like Deutsche Telekom have signed up for Open Gateway and CAMARA, an open-source project co-developed by the Linux Foundation and the GSMA. This collaboration aims to help developers access enhanced network capabilities. Integrating Chainlink's oracle services into CAMARA can provide developers with access to reliable and decentralized data sources, further supporting the creation of a distributed Chainlink node system.

I

>> No.56173373

>>56173297
>Chainlink price go very high and not come down
this is a thought i've entertained for a while but i'm not so sure anymore. in order to reach the point where chainlink completely decouples from the overall crypto market there would have to be massive organic demand for the token. if the bull run really begins in 2024/25 there's no way chainlink gets the adoption it needs in time. staking 1.0 won't even come out till the end of 2024. i think we'll have an ethlike speculative pump where we go up ~60x ($80 to $4800), crash, and then we may see organic growth.

>> No.56173392

>>56173306
Companies like IBM, Microsoft, Vodafone, and Deutsche Telekom have the potential to be major contributors to the node infrastructure in creating a distributed Chainlink node system. These companies possess extensive hardware infrastructure, telecommunications networks, and technological expertise, making them well-positioned to integrate their existing systems with Chainlink's technology.

IBM and Microsoft, being prominent technology giants, have the capability to develop and deploy robust infrastructure and provide developer-friendly tools and software code for integrating Chainlink nodes. Their vast customer base and global reach can also contribute to the widespread adoption of the technology.

Vodafone and Deutsche Telekom, as telecommunications providers, have the advantage of an extensive network infrastructure and a large customer base, including IoT devices and cell phones. Their collaborations and initiatives, such as the CAMARA Project and Open Gateway, demonstrate their commitment to exploring and integrating Chainlink technology into their systems. Leveraging their existing hardware and network capabilities, they can potentially provide a significant number of data sources to the distributed Chainlink node system.

In order for this technology to succeed and gain widespread adoption, the participation of major companies like IBM, Microsoft, Vodafone, and Deutsche Telekom is crucial. Their involvement not only brings technical expertise and resources but also instills trust and credibility in the technology. Their ability to integrate existing technology with Chainlink's infrastructure and provide access to their vast networks and customer base can drive the adoption and success of the distributed Chainlink node system

>> No.56173400

>>56173392
So they will stake and price go 81,000 ? I need my real life to start soon

>> No.56173410

>>56172988
Could be. Time will tell in the end my fren

>> No.56173422

>>56173316
CAMARA huh? I think you're on to something:
https://camaraproject.org/blockchain-public-address/
>This API allows to manage a Blockchain Public Address associated to a phone number, i.e. to retrieve the blockchain public address(es) and to bind/unbind a Blockchain Public Address. The Blockchain Public Address is utilized as Decentralized Identifier (DID). With the proposed API, telco service providers have the opportunity to provide 3rd parties with the following capability: pairing phone number with Blockchain Public Address whenever this 3rd party wants to offer its customers a way to make transactions more easily based on the phone number instead of the Blockchain Public Address.

>> No.56173440

>>56173373
integrating Chainlink nodes into their existing systems can potentially provide these companies with a new revenue source
integrating a large number of Chainlink nodes into their existing systems and actively participating in the network, these companies can not only contribute to the decentralization and security of the Chainlink network but also generate income from their node operations. This can serve as an additional revenue stream for these companies while simultaneously supporting the overall ecosystem and adoption of Chainlink's technology.
They will be the infrastructure, and it will not be implemented until they can profit from it

>> No.56173447
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>>56173422

>> No.56173468
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>>56173220

>> No.56173494
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>>5617322 0

>> No.56173548

>>56173373
>if the bull run really begins in 2024/25 there's no way chainlink gets the adoption it needs in time.
Says who? Fudders? Maybe Link is much further along than we know and it is just about rolling out the product in a predetermined fashion. Link does not have to pump only in bull run times. Link is bigger than crypto is.

>> No.56173550

thats nice but the token is simply not needed

>> No.56173557

>>56173282
I’m talking about your mothers ass

>> No.56173570

>>56172988
How does one not sleep for 3 days? Teach me this power

>> No.56173684

>>56173550

it's true that Chainlink nodes can technically operate without holding LINK tokens, the benefits and incentives provided by the token contribute to the overall network's security, reliability, and growth. The LINK token serves as an essential component in aligning the interests of node operators, maintaining reputation, and facilitating the efficient functioning of the Chainlink network.
Here’s the rundown

If Chainlink did not use tokens, several potential issues could arise:

Lack of Incentives: Without tokens, there would be no direct financial incentives for node operators to provide reliable and accurate data to the Chainlink network. Incentivization is a crucial aspect of blockchain networks, as it encourages participants to perform their roles honestly and diligently. The absence of tokens could lead to a decrease in the quality and reliability of the data being provided.
Sybil Attacks: Sybil attacks involve the creation of multiple fake identities to manipulate a network. Tokens play a role in mitigating such attacks by requiring node operators to stake and hold a certain amount of tokens, which acts as a barrier against creating multiple identities. Without tokens, it would be easier for malicious actors to create a large number of fake nodes and compromise the integrity of the network.

>> No.56173695

Lack of Reputation System: The Chainlink reputation system, which relies on tokens, helps establish the track record and reliability of node operators. This reputation system is important for smart contract developers to choose trustworthy nodes for their data requests. Without tokens, it would be challenging to establish and maintain a reliable reputation system, potentially resulting in less reliable and unvetted data sources.

Governance Challenges: Tokens often play a role in decentralized governance models, allowing token holders to participate in decision-making processes. Without tokens, it would be challenging to establish a decentralized governance structure where stakeholders can participate in voting and influence the future development and direction of the Chainlink network.

>> No.56173720

>>56173570
Stop taking medication n become manic

>> No.56174181

Moon

>> No.56174403

>>56173392
That's a way of seeing it.
The other way to see it is that they are trying to profit from this new business.
However the companies you mentioned are more focused on providing solution than creating new businesses.
Someone needs to build all these new business ideas even if they will provide the infrastructure.
That's why I don't expect this to happen quickly.
Just like the internet didn't become what it is today the day it was created, the smart contract scaling and adoption process will take time, even with the accelerated adoption times of the modern world and AI support.
We have at least one more decade of growth in this.

>> No.56174611

>>56174403
I say we top at 2030

>> No.56174634

>>56173213
This, so much this.

>> No.56174659

>>56174611
According to the 8 year cycles the current big cycle should end next year and the next one in 2032.
I have no clue how to invest/trade crypto after the next bull run.
Bitcoin should never have had this much power to suppress LINK as it's a useless garbage tier shitcoin with no relation to the smart contract economy.

If there is real adoption this Bitcoin garbage manipulated market should stop, but I doubt the manipulation will end so easily after seeing what they did to Chainlink.
It will be a difficult question to decide when to take profits.
Just as Chainlink should never have gone to the current prices, if the next phase of its market adoption starts the volatility will also decrease after the next big pump.
Of course the gambling exchange casinos will keep attacking what takes away their pump and dump market.

>> No.56174672

>>56174659
>take profits
I'm just never going to sell.

>> No.56174681
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56174681

>>56173126
>IBM
AHAHAHHAHAHAHAHHAHAHAHAHAHHAHAHAHAA

...ahem

HAHAHAHAHAHAHAHAHAHAHA!!!!!!!

>> No.56174702
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>>56173684
>it's true that Chainlink nodes can technically operate without holding LINK tokens
HAHAHAHAHAHHAHAHAHA TOKEN NOT NEED FUD WAS ACTUALLY TRUE

>> No.56174744

dude go to sleep you're fucking your brain up

>> No.56174778

chat GPT does not have to sleep

it knows

>> No.56175234
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>>56173161
>>56174702
My cousin actually works in the legal verification for Deutsche Telekom's staking activities.

I was appalled when she told me that most of the time the companies, "DAUs" or "Foundations" or whatever runs a coin just gift or lend Deutsche Telekom the coins to operate nodes.
Fake and gay.

>> No.56175245
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Also, what is this chainlink astroturfing in the last two weeks here? Are their market makers in need of a pleb pump? Why aren't mods stopping this a bit? Are mods in bed with them?

>> No.56177764

Good thread. We already speculated IoT would be leveraged to vring about the AI God in conjunction with chainlink but this really sepllsit out well. Shame it was chatGPT writing

>> No.56177767

>>56177764
*bring
*spells it
Wow proof of humanity is in the typos

>> No.56177787

>>56177767
It wouldn't be very difficult to get a chat bot to purposefully include some typos and then recorrect them. Wouldn't even need any AI.

Chat bots, ai included, struggle with abstraction and humour. They're also very polite so it's obviously never going to question anyone's IQ.

Mebe you see what AI did there.

>> No.56177797

>>56175234
>my cousin
>she
send

>> No.56177800

>>56172988
Amphetamines?

>> No.56178263

>>56173373
>i think we'll have an ethlike speculative pump

From fucking what money? Retail? And with the team dumping? Not a chance in hell. Much more likely we get dragged up with the rest of the bullrun to the old ATH and crash back to single digits. Then once the institutions finally get their shit together in the late 2020s we explode

>> No.56179742

>>56177787
Idk, I got a pretty humorous pulled pork recipe from one once. It failed at visualizing off inputs when I tried to cheat at scrabble. You're right about the politeness and boundaries/guardrails. But those could just as easily be added the same as typos, right?