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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56090858 No.56090858 [Reply] [Original]

Absolutely btfo by the land of the rising sun. If you're into blockchain use by enterprise, Japan just threw their hat into the ring with Progmat

>MUFG
>Mizuho
>Sumitomo

https://www.jpx.co.jp/english/corporate/news/news-releases/0060/uorii50000001u3j-att/press_release_en.pdf

https://www.ledgerinsights.com/mufg-stablecoins-wont-need-kyc-blockchain/

The infrastructure is run by Datachain. Who are they?

https://www.datachain.jp/

Interoperability. This is being created by a consortium of Japanese mega banks and investment arms. No Chainlink needed for any of this. The point is, if you're hanging your hat on $1000 EOY still, realize Chainlink is just 1 of 10000 solutions that will be floating out there. Yes, blockchain is inevitable. No, Chainlink is not going to $20 or $100. It offers nothing any more special than another company's interoperability systems

>> No.56090883

>The xxx prove that Chainlink is not needed
Ok anstothemoon thanks for updating
Don't care
Didn't sell
Time to break out to VPNs to bump your pathetic thread
What a life you have

>> No.56090905

>>56090883
I don't know what you're screeching about, but this is primo stuff.

>Currently supports Ethereum, Hyperledger Fabric, Hyperledger Besu and Corda

They are literally tying Japanese bank coins together without CCIP. This is a real project. Instead of trying to shout at the messenger, do some reading for yourself

https://www.datachain.jp/products/yui

Interoperability systems will be as common as different types of Linux OS. Chainlink acts like they are the TCP/IP of interoperability, but as usual, get btfo before their product even launches.

>> No.56090956

>>56090858
>Absolutely btfo by the land of the rising sun.
If they're so smart why aren't they a world power?

>> No.56091018

>>56090883
nipbros... we lost again

>> No.56091026

>>56090956
>3rd largest economy
>Never needed Chainlink
>Never sent a single representative to the fag cons

>> No.56091039

ATTACK, ARI, STRIKE.

>> No.56091055
File: 8 KB, 600x150, datachain_logo.png [View same] [iqdb] [saucenao] [google]
56091055

lol, lmao even
Imitation is the sincerest form of flattery

>> No.56091108

>>56091055
Checked

Ccip is open source and this is an entirely new subset of blockchain tech. Expect 100 more announcements like this. I know of 5 or 6 that haven’t had the press release yet. Sergey is almost 2 years late with ccip on full mainnet, he fucked himself hard and is about to pay the price

>> No.56091116

>>56090858
interviewed with top 3 vc in japan for some blockchain/web3 bullshit analyst position. dude doesn't even know what an oracle is, thought it was the sql thing, the most awkward 30 secs in my life.

>> No.56091128
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56091128

>>56091055
>>56090905
lmao why the fuck is it a link logo??

>> No.56091148

Is Datachain a threat to my large bags of Mobius, WitNet, BAND protocol, nuLINK, ZAP, Aeternity, Tellor, LayerZero and Pyth?

>> No.56091157

>>56091128
The shape is pretty synonymous with blockchain. Look at Arbitrum, look at Provide

>>56091055
>>56091108
https://medium.com/@datachain

Datachain has been working on blockchain interoperability for years. They beat CCIP to market.

https://medium.com/@datachain/datachain-receives-a-grant-from-interchain-foundation-to-enable-interoperability-with-ethereum-7c9add7cef55

Sergey the slob btfo, it's beautiful

>> No.56091190
File: 36 KB, 739x613, image_2023-09-12_204225911.png [View same] [iqdb] [saucenao] [google]
56091190

>100 million yen
> Less than $700,000
repos haven't been touched in months.
Literally two man team.
kek.

>> No.56091196

>>56090905
news flash, japan is not in charge, we are. japan is constantly fading away into obscurity.

>> No.56091427
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56091427

Holy based japan. Linkchuds in absolute shambles seething.
>token not needed
Became repeated so much that the meme magick made it true. Seethe linkchuds looks like the bank chads cut you out with based japanese engineering.
Japanese quality >>> russian quality(or should i say lack of) hahahhaha

>> No.56091447

>>56091157
wtf. they put 2 link logos together

>> No.56091525
File: 84 KB, 580x384, datachain cosmos.png [View same] [iqdb] [saucenao] [google]
56091525

>>56090858
Anybody have the whitepaper for Datachain or Progmat?

>> No.56091564

>>56091055
flattery wont give you $$$

>> No.56091609

>>56091157
This is actually pretty big. It means, in simple terms, that Japanese banks are not interested in ccip if they’re building this. So Sergey has lost the third biggest economy before the first shot was fired

>> No.56091624

>>56091609
This. We need to fire Sergey.

>> No.56091651

>>56091157
>>56091609
Interchain Foundation is run by Cosmos and they provided a grant for the bank to build something using Cosmos IBC. It's not the banks building their own solution. MUFG is a SWIFT member bank so they will have access to CCIP like everyone else on the SWIFT network.

>> No.56091652

>>56091525
and cosmos uses link, naturally
the low iq faggot OP will NOT be happy when he sees this
he'll need to delete this thread and remake it like 6 times today hoping that no one shows up and points out the obvious again

>> No.56091696

>>56091651
I’m reading up on OP’s Progmat links and it looks like the j-banks are issuing stablecoins and making them interoperable. It’s legit

>>56091652
I am looking through Datachain’s GitHub and no signs of ccip. I think OP is right

>> No.56091711

>>56091696
nope
they do use chainlink
cope and seethe fudnigger, your gaslighting has failed once again

>> No.56091729

>>56090956
The chart

>> No.56091742

>>56091128
CL should sue them. The Cayman Islands have a good court system, r right

>> No.56092408

>>56091711
I’m not OP, and this solution doesn’t use ccip. There’s no code showing that

>> No.56092445

>>56090883
kek it's Michael the Chink aka Uncle Oldfag aka Schiff Will Win once again betting on the slanteyes
That worked out so well for him last time with ANStoTheMoon

>> No.56093890

>>56091116
They probably use Supra.

>> No.56093930

>Japanese banks
These niggers still use fax machines and stacks on top of stacks of paper for everyday taxing and billing.
By "these niggers" I mean the entire Japanese society. Every one of them. Not just the banks.
The only reason they even have cards is for buying things off the internet.
THESE are the people you think are going to be first adopters for the newest technology?

>> No.56093938
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56093938

>>56093930
forgot pic

>> No.56094094

This attentionwhore said he would leave after he embarrassed himself but the next day he made another trip to spam fud.
Uncleoldfag, schiffwillwin, detectiveanon, updatooranon, anstothemoon and so on are all him samefagging. He's been spamming everyday for years... what a life

>> No.56094131
File: 118 KB, 1495x143, IMG_0505.jpg [View same] [iqdb] [saucenao] [google]
56094131

Yeah it’s pretty sad

>> No.56094135

You know Link is winning when you have to point out a banking interoperability system that DOESN’T use it.

Meanwhile Swift just dropped another Link banger:
https://www.swift.com/news-events/press-releases/swift-advances-cbdc-innovation-interlinking-solution-begins-beta-testing

>> No.56094274

>>56090858
there are going to be dozens of these announcements coming, is this really a surprise to anyone
most will be outright scams and the few that arent will wither away into obscurity

>>56094094
uncleoldfag at least was one of the original fudders who trolled newfags into selling the btc bottom last cycle
he is at least a step up from the retard link fud we get nowadays

>> No.56094406

>>56090858
Moron thinking oracles are not needed. Projects are starting to use SupraOracles as one of the fastest in terms of increase txn finality for smart contracts.

>> No.56095100

>>56094135
>begins beta testing
>begins
>beta testing
tHiS iS hUUUUgEEEEE

>> No.56095313

>>56091651
>MUHFUGGA will save me!

>> No.56095387

>>56095100
>Japan reveals plans for a study group to enable interoperability
>"HAHAHAHA IT'S OVER FOR CHAINLINK"

>Swift enters the next progressive testing phase with Chainlink
>"th-this means nothing"

>> No.56096252

>>56090858
>>56090905
Too late nerd, LayerZero already killed Chainlink

>> No.56096306

>>56090858
>devotes life to fudding link
>pretends not to know what anstothemoon is
kek it's him alright. he couldn't resist a final fud before Sibos kicks off and he is forgotten about.
Don't worry Michael, we'll toast you on the yacht in your absence!

>> No.56096322

>>56094135
>ctrl + f

>> No.56096358

>>56096252
Layerzero uses link oracles lol