Exploring How Chainlink, Swift, and Euroclear use AI and Blockchain for Corporate Actions
Thursday, 7 November 2024, 03:12
Bridging the Gap in Corporate Actions
In the evolving landscape of finance, Chainlink is revolutionizing the way corporate actions are processed. With AI and blockchain as foundational technologies, Swift and Euroclear have initiated a project aimed at solving a staggering $3.1 trillion problem.
Integrating Oracles for Enhanced Data
- Chainlink’s oracles provide real-time data feeds, crucial for accurate corporate action updates.
- Using AI models in real-time mitigates errors.
- Smart contracts automate execution, ensuring seamless operations across platforms.
Impact on Financial Institutions
This integration not only streamlines processes but also enhances transparency within financial transactions. The use of AI and LLMs dramatically improves efficiencies—transforming the current state of corporate action handling.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.