SWIFT, Chainlink, and UBS Complete Tokenized Fund Pilot
Chainlink, UBS Asset Management, and SWIFT have completed a collaborative pilot project. It utilizes the Swift network to settle tokenized
Chainlink (LINK) is a decentralized Oracle network launched in 2017. It is based on the Ethereum network and designed to connect smart contracts with real-world data. The network offers secure, reliable, and tamper-proof inputs and outputs for smart contracts on any blockchain. This enables Chainlink to communicate with external data sources like APIs and traditional bank payments.
The network of oracles is responsible for fetching and verifying external data before delivering it to smart contracts. Chainlink ensures that the information provided is true by decentralizing the data source, improving the reliability and security of smart contracts.
Chainlink conducts regular audits and partners with leading security firms to ensure the network’s security and transparency. For any updates related to Chainlink, visit CryptoTale.
Chainlink, UBS Asset Management, and SWIFT have completed a collaborative pilot project. It utilizes the Swift network to settle tokenized
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