Chainlink Co-founder Sergey Nazarov: Chainlink Runtime Environment (CRE) will lead the next stage of financial revolution

Odaily News At the 2024 Hong Kong SmartCon conference held by Chainlink, Chainlink co-founder Sergey Nazarov introduced that Chainlink's original goal was to establish and become an industry standard to connect the Web3 DeFi market and the traditional capital market. To this end, Chainlink provides a number of products and services, covering market data, proof of reserves, identity, VRF, CCIP cross-chain protocol, etc. Sergey Nazarov reviewed and looked forward: "Every 30 years, the financial system will undergo a super evolution. From the 1970s to the 1990s, COBOL was the representative. From the 1990s to 2010, Swift and others were the representative. Finance entered the Internet era under the Java Runtime Environment (JRE). Today, the DeFi ecosystem has grown into a small economic system with a value of 200 billion US dollars. The next challenge is how to provide developers with conditions such as rapid construction of advanced applications to promote a more prosperous financial system. This is why we are working hard to build the Chainlink Runtime Environment (CRE). CRE will lead the next stage of the financial revolution, based on smart contracts and blockchain, connecting and integrating various traditional financial standards (such as Swift API) with the DeFi world." Early bird users can click the "original link" to register and experience it first.