ChainLink: Here is what we know so far

I have seen a lot of FUD lately surrounding ChainLink and a lot of people losing faith. While everyone is waiting for news to drop, here is what we know about ChainLink as of now.

PARTNERS:
Here are some names of companies that ChainLink is working with, or at the VERY least has contacts with.

SWIFT: This one should be obvious to everyone by now. They just gave a working demo for SWIFT at SIBOS. They even state on the smartcontract website that they are indeed WORKING WITH SWIFT. The cheeky bastards even have SWIFT subtely underlined, as shown here:
imgur.com/a/UcnTf


SONY & AXA: We all know who SONY is. Axa is the largest holder of financial derivatives in the world. It's a trillion dollar market. All three parties have signed a smart contract that deals with varying levels of insurance coverage depending on firewall uptime on May 9th 2016, viewable here:

create.smartcontract.com/#/contracts/317764c5bf532e8b33572b6e77ae2133
imgur.com/a/uzRH1


FACTOM: Factom and ChainLink have been working together since 2016. You can view Factom's announcement about it here:

factom.com/blog/smartcontract-factom-announce-collaboration
imgur.com/a/Lf6vr


CONFIDO: A new company that is using ChainLink to pull shipping data from off-chain. See following website about this here:

confido.io/
imgur.com/a/7Visz
Short video explaining how it works: youtube.com/watch?v=1SX0buv4bCc

Other urls found in this thread:

imgur.com/a/VLmP0
youtu.be/ytv8U0bejPA?t=2773
github.com/Azure/azure-blockchain-projects/blob/master/bletchley/bletchley-whitepaper.md
coindesk.com/microsoft-joins-cornell-blockchain-research-group/
coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms/?utm_content=buffer4ffb0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
imgur.com/a/4dSj4
twitter.com/DanaBrants/status/920028496138784770
twitter.com/SFWRedditImages

MICROSOFT: This one is a bit of speculation, but let's take a look.
imgur.com/a/VLmP0

In this video, Sergey states that they are indeed "working with Microsoft..." on the development of their cryptlets at 46:13 (Link below)

youtu.be/ytv8U0bejPA?t=2773

If you feel like reading up on what it actually is, then check the link below and scroll down to "Bletchley Introduces Cryrplets, which is a "Secure Blockchain Middleware into their architecture"

github.com/Azure/azure-blockchain-projects/blob/master/bletchley/bletchley-whitepaper.md

Also, an article stating that Microsoft recently joined Cornell, who is a ChainLink partner as stated on the Smartcontract website.

coindesk.com/microsoft-joins-cornell-blockchain-research-group/


DATA USED FROM BANKS AT SIBOS DEMO: Now keep in mind that these banks are NOT announced partners, but ChainLink has used them for their POC in their demo at SIBOS:

Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms/?utm_content=buffer4ffb0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Better bust out the bullshit copy pasta in the hopes some user is stupid enough to buy my bags!

COMMON FUD: I have seen a lot of the same FUD repeated on Veeky Forums, lets take a look and see if we can dispell some of this shall we.

The big one that seems to be going around now is an old picture from a completely different presentation that Sergey is giving in what appears to be a small room. Here is the floor plan for the Metro Toronto Convention Centre, showing that the largest room is where the SWIFT presentations are in. (The room is actually next to restrooms though KEK)

imgur.com/a/4dSj4

"THEY ARE USING A SHITTY ERC20 TOKEN" : The token is only used to incentivize NODE operators. ChainLink itself can operate on the BTC blockchain, Ethereum blockchain, AND Hyperledger, as stated on the smartcontract website.

"THIS IS A PUMP AND DUMP SHITCOIN" : The developers have been working on ChainLink for over 3 and a half YEARS now. They haven't made any hype surrounding it or posted any skateboard pics. The largest wallets holding LINK have mostly not moved since ICO or are acquiring more LINK tokens. If this were a pump and dump they would be hyping the shit out of this coin and dumping it on us. This is clearly not the case.

"THE TEAM ONLY HAS 2 DEVS": This is true. However, they clearly already have a working product that is on their website, which they have already demo'd in front of a large crowd at SIBOS today. ChainLink is already a working product, unlike a lot of other shitcoins with a much higher market cap.

>They just gave a working demo for SWIFT at SIBOS.
Pic related. No one fucking watched it, all the important people had other things to do and sent their secretaries and shit instead.

RECAP:

So let's recap, ChainLink is working with or at the VERY LEAST have contact with the following companies/organizations:

-SWIFT
-Gartner
-Cornell
-World Economic Forum
-Sony
-Axa
-Microsoft
-Factom
-Confido

Is their any pie that ChainLink doesn't have their fingers in? Their tech is literally revolutionary. Smart contracts are fucking useless without being able to pull real world data from off-chain. This coin is already 4x up from ICO price without them even releasing any news yet. It is brand new and still in it's infancy. Do not let these Veeky Forums biztards FUD you into selling a fucking goldmine.

If they release an announcement stating all of their partners + exchange listings, this thing will be the

BIGGEST. COIN. EVER

Let this sink in for a moment. I'll wait.

>The big one that seems to be going around now is an old picture from a completely different presentation
No, it's from today. Pic related

Copypasta about an event that just ended. Riiight.

This. These chainlink guys with these threads are so fucking desperate it's pathetic.

40 cents seems to be the new support now, LINK is also slowly but steady going up which is good.

Desperate chainlinkies...

LINKies are truly deluded and I'm not even memeing. This is going to end in tears and an heroes.

bad angle

Its just so obvious what they are trying to do when these threads pop up during a tanking

Better idea of the size. Note this is from a different presentation. It's from the GPI payment one.

you cunts cant see the forest through the trees

>what is chainlink?
ChainLink is blockchain middleware that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments.

By providing smart contracts secure access to these key resources, ChainLink allows them to mimic real world agreements that require external proof of performance and need to make payment in widely available payment methods e.g. bank payments

>what problems does chainlink solve?
Smart Contracts are unable to communicate with external resources on their own. Data feeds, any/all APIs and traditional bank payment systems are all inaccessible to smart contracts without blockchain middleware like ChainLink.

This limitation is inherent in how smart contract data is secured on a blockchain, and is due to the way that consensus is reached by miners around blockchain-based transaction data, this limitation will remain for all smart contracts for the forseeable future.

The way this problem is traditionally solved is through the use of a blockchain middleware called an "oracle", which is the role ChainLink plays in the smart contract ecosystem.

Dat SONY & AXA contract doh.

#STAYPOORFAGS

Spotted the cRipple

>made a shitcoin
>gave the speech in a shit receptacle
pottery

LAMBO
A
M
B
O

AXA owns blockstream
why would they partner with anything else?

Look at how quickly the FUD fags swoop in after every comment about chainlink. If you guys dont see through this charade then you are fucking retarded.

So crypto, which is a

How will LINK inherently increase its value...meaning who are the primary consumers of the crypto going to be that send it to the moon?

Easy to answer with BTC and ETH. LINK seems more way more niche. Too niche?

Look how quickly the shills bust out the copy pasta to try keep their coin from tanking further
Its transparent dude.

At least the shit im saying is true. fag.

This shit is the easiest moonshot to spot. You have to be completely retarded not to see it at this point.

man that's vintage TK right there

It literally isn't tanking and is STILL 4x ico price and this isn't copypasta since the event JUST HAPPENED who are you even trying to convince? Can you read? Do you actually think the fud will work?

yeah we are all gonna make it. hold through the trolls. moon is coming. 100x by q2 2018

Somebody is making a lot of money by paying people to post all of the FUD. It's so fucking obvious. There was even a post about it on here earlier

Where?

We definitely will not all make it.

Some shitty larp where op said he was paid to fud then never posted again

The literal state of link fags
Everyone us a fudder but no such thing as shills

Confido is a shitcoin vaporware by four community college kids who have never held real jobs. Nobody gives a shit.

...

>G-goys, don't s-sell. There a-are paid f-fuders.
No, we just got tired of you shilling your fucking scamtoken.

To go along with this, they just had ICO. I expect them to hire more devs and an augmenting staff. Potential red flag if they don't over the next few months.

this. 90% of /biz users have never left moms basement.

Don't mean shit to me if people sell. I just feel a little bad that they would sell NOW, right before the team even makes their first announcement and LINK gets listed on exchanges. Right now would literally be the most fucking retarded time that u could possibly sell this.

S A L T

A

L

T

lol poo poo pee chain coin deludang xD

lol

DESPERATE

OBSESSED

This shit is reminding me of the "I am now officially a #cruzemissile" threads during the election lel

They have no partners. Please stop lying. You bought at the high and you need to sell and take the loss. Sorry.

So the companies whos websites that literally say that they are partnered with ChainLink are what? Lying? Bitch please.

/thread

>oof

Posting just because you were about to be /thread

guys, i don't care what "side you're on". you have to be real here, if ANY crypto has a chance of ACTUAL USE and REAL ADOPTION by the current world outside of just us crypto-tards...THIS IS ONE OF THE VERY VERY FEW.

the legitimate FUD is the lack of communication from the team has been disgraceful.

>DUDE we'll take your $32 million but we wont take five minutes to send a few tweets and emails to get link on legit exchanges lmao

>rory: dont fud we are working on the project xd

100% fucking agree. These cucktards panic selling is funnier than 2 niggers fighting over a chicken bone.

See you faggots when you're mowing my fukkin lawn for minimum wage

twitter.com/DanaBrants/status/920028496138784770

I swear these fucking idiots are all the same fucking person or a coordinated group effort. Look at how ALL the LINK posts swing from FUD to shill within 10 minutes. It's no coincidence

Pretty sure another competitor will come and create decentralized oracles before they get listed on another exchange with the way things are going.

yeah because making a decentralized oracle is so fucking easy that teams can just shart it out

They've been working on this for more than 3 and a half years. Do you really think they just decided to have their ICO now just for the hell of it? Fuck no, they have a plan for this.

It IS too niche. Which is why it'll never moon even if chainlink itself is a success.

deluded nonlinkes

It’s actually the opposite of niche.

THEN GET IT ON MORE EXCHANGES

IF THEY'VE BEEN WORKING ON IT FOR 3 YEARS WHY DONT THEY FUCKING TALK ABOUT IT

IM LOOSING MY MIND LADS

HAHAHAAHAH these nolinkers are dumb as fuck. LINK is a niche crypto? Are these guys daft?

Any smart contract that needs external data outside of the blockchain, needs chainlink. In other words, almost every smart contract that wants to do something other than ICOs needs it.

Pathetic fud attempt. Just stick to toilet jokes if you haven't done any research.

If "there is a plan" and "big partnerships" are a "sure thing" then why the fuck would they go to the public to get funding
This has amazed me for weeks

They don't care about the money from the funding. They wanted to distribute some LINK to the public. Just distributing the tokens between the banks would not have been a good sign for the project.

From October 9th 23:58:28 till now the total amount of LINK in the top 150 wallets has decreased by 2.145% from approx 4.66
e8 to 4.56e8 LINK. I will send you my full detailed data set for 200 l
LINK. I will send you my etherscan wallet crawler script for 1000 LINK. Email me [email protected]

Dont be a bunch of sheep guys. Link is worth infinitely more than 24 hours ago if you look at the facts. Be patient

This is the truth.

And they held onto most of them specifically for this purpose, it's an incredibly fair distribution in my eyes

And do you think non-stop /biz shilling is a good sign?
If banks would actually need it, nobody would give a fuck about whether it's a good sign or bad. Truth is that banks will have their own private middlebank blockchain and will set up oracles by themselves without middlemen. And they won't buy anything from you.

*interbank blockchain

>And banks will use their private ETH chains + make their own cryptorubles. Why even bother buying into open source cryptos?

Bankers don't understand much about cryptos yet and definitely wont make their own ETHlike ecosystems with their own oracles. There is just not enough good blockchain programmers. Most good blockchain programmers wont be willing to work under a bank anyway. So they just contact the best group that is working on an oracle and partner with them. In the process, lock the partnership down to work with them only and not release too much information for the competitors until the project is already almost finished.

...

>working with billion dollar companies since 2016
>great use case
>price is still in the dogshitter

I own $5k worth of this garbage, why hasn't the price fucking budged

>Most good blockchain programmers wont be willing to work under a bank anyway
They would just outsource a team to build a private blockchain for them or (which is most likely) with ask a big IT company they've been partnering since the 80s to built it for them (inb4 Microsoft can't do better than Cayman island based startup of two). Absolutely no reason to conduct a public ICO and then buy anything for 5x ICO price from basement-dwelling neets.

so thats why we should dump our ripple and probably stellar too? lol fcking idiots.

chainlink is beside the banking shit useful for a lot of projects because there are no decentralized oracle networks - chainlink is the first mover.

I am a Certified Public Accountant and I have worked with small and medium business owners, and and currently in law school, and also a businessman myself. And I honestly think anybody who says link isn't the easiest and most likely moon mission is deluded. I can guarantee you that you will get rich from LINK, as long as the project isn't cancelled or some other bullshit business risk doesn't happen.

And certainly I've left my mother's basement. Fuck you faggot.

>biznezman
Nice larping, dickhead. Those bags are heavy I see.

>Pic related
No it's not, actually.

That was an event from a year ago.

That pic of Sergey is another even from a year ago.

The price has quadrupled in two weeks. If you want quicker ROI go gamble in a casino. Also gtfo with your chump change.

Good info, thanks.

I wasn't expecting any news to come directly from SIBOS, but news did come.
And how:

AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

All we were expecting was a demo with SWIFT integration, not this list of heavy hitters.

Everything we know puts LINK firmly in the top 5 most promising cryptos IN FUCKING EXISTENCE.

LINK only needs more exchanges to finally fly free.

Can a high IQ crypto whale answer this honestly? How many LINK do i need to accumulate to actually buy a lambo in 8 months?

Current circulating supply + a few dozens of bitcoin

None of those are partners
So desperate

All were directly involved in the demo.

Let me give you some hints about investment strategies, why there is so much FUD and how to dispel it.

People just need to think from a rational point of view: All those morons flooding threads instantly and creating lots of FUD where people are trying to do informative, objective analyses. And it is not even good FUD, but just low argumentative 15yo spam dedicated to the low attention span of the new millenial "investors" who shit their pants when something tanks 3% after it gained 300% in the hopes they sell when they repeat "SELL SELL SELL" often enough.

So why would they do that? Think logically. Would they do it if they were not invested or don't want to invest? Right, they wouldn't. They have something to gain from it (most of the time, otherwise they are really sad pathetic human beings, seriously). They either want to short it or just accumulate at a low price. It may only be some sad Veeky Forums guys who didn't buy in early enough. Or maybe it is even whales themselves who order some people to create lots of FUD and shake out all the weak hands. Otherwise they wouldn't waste their time if they had nothing to gain. They wouldn't just put up the sell walls repeatedly and remove them over and over again to make it look like the price will tank. Nobody who wants to sell would do that. They could just leave and move on elsewhere.

But they also see the obvious potential - one must have an IQ

Lmao this post is hilarious
Literally can't deal with the fact sibos was a failure.

> $1 before sibos and $5 after the presentation
Trading flat at 30% below the ath
Lmao

Do you even have some self-respect or are you just very a very low intelligence breed?

I'm here to rub it in rhe faces of all the shills who shat up the board for a month with crazy ass price predictions
Sadly none of those retards are to be found. Just some level headed anons.

I take that as the latter. Thanks for clarifying.

>SIBOS
>a failure

AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

Let's see what the market things
>under 7k sats and falling
Yep, a failure

>the market
You mean Binance manipulators?

>Literally can't deal with the fact sibos was a failure.

this is just getting boring now

are there any other non cucked moneymaking forums?

If it was at least some good FUD, but this is just 5yo children insulting the average guys intelligence. It is just pathetic on a whole different level.

MY LINK IS GOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAANNNN

NEETs with no real life experience in these threads don't realize that banks never, ever give out their internal data to anybody. I've had some colleagues who wanted to do their theses on certain banking systems and it was impossible to obtain any concrete data from the banks.

The fact that the demo ran on inputs from this very internal data signals to everybody with even slight knowledge of how banks work, that this is very serious. Banks will not give you data unless they have you by the balls with legal paperwork and have already decided they will move forward with the project.

You are all in for a big ride.

good tidings

How do we know that this internal data was actual bank data and not hypothetical/fake data created for the purpose of demonstration? Is there a source for this? Cause if so you have a pretty strong point