Arbitrum

DeFi

Enhance

Chainlink

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/chainlink-expands-defi-reach-with-new-integrations" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink Expands DeFi Reach with New Integrations</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/chainlink-surpasses-correction-phase" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a> is solidifying its position in the decentralized finance (DeFi) sector through a significant integration of its services across various blockchain platforms. Recently, the company announced the deployment of 34 Chainlink services over 14 distinct blockchain networks, marking a notable advancement in its growth strategy.</p>
<h2 style="text-align: justify" id="what-are-the-key-integrations">What Are the Key Integrations?</h2>
<p style="text-align: justify">The integration efforts include partnerships with popular Ethereum Layer-2 solutions such as Arbitrum and Base, as well as leading Layer-1 blockchains like <a href="https://en.bitcoinhaber.net/revitalizing-the-crypto-sphere-solanas-surge-in-the-market" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> and Hedera. This expansion not only enhances the Chainlink ecosystem but also improves accessibility for users.</p>
<h2 style="text-align: justify" id="how-does-ai-enhance-chainlink-s-services">How Does AI Enhance Chainlink’s Services?</h2>
<p style="text-align: justify">The integration of artificial intelligence (AI) is seen as a vital step in optimizing financial system programmability. At the recent SmartCon conference, the discussions centered around blending DeFi with traditional finance, highlighting the ongoing collaboration between Chainlink and Swift, which seeks to test digital asset transactions for banks next year.</p>
<p style="text-align: justify">Chainlink is also focused on its Cross-Chain Interoperability Protocol (CCIP), aimed at enabling secure asset transfers between different blockchain networks and promoting interconnectivity among platforms. This initiative indicates Chainlink’s proactive role in the DeFi landscape.</p>
<ul>
 <li>Chainlink integrates services across 14 blockchain platforms.</li>
 <li>Partnerships include major blockchains like Solana and Ethereum Layer-2 solutions.</li>
 <li>AI integration aims to enhance programmability in financial systems.</li>
 <li>Chainlink collaborates with Swift to facilitate bank digital asset transactions.</li>
</ul>
<p style="text-align: justify">Chainlink’s continuous innovations and strategic partnerships are expected to further solidify its presence in the financial sector, reflecting its commitment to bridging the gap between traditional finance and decentralized technologies.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/chainlink-expands-defi-reach-with-new-integrations" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink Expands DeFi Reach with New Integrations</a></h5>

Chainlink Expands DeFi Reach with New Integrations

Table of Contents

BH NEWS

Other articles published on Nov 4, 2024

Could Bitcoin Dominance Delay Altcoin Surge Until 2025?

XRP News: Ripple’s Q3 Report Sparks Controversy on XRP Escrow Strategy

Fintech Apps Can Transform Election Survey Methods

Congratulations to GoldenCat for Winning the Vote Campaign Organized by Gate!

Vitalik Buterin Calls Michael Saylor's Bitcoin Custody Remarks “Batsh*t Insane”

Bullish Shiba Inu (SHIB) Signal Here as Price Shows 0% Volatility

Join our free newsletter for daily crypto updates!