"So you can really start having these orchestrated workflows. And that's what they really want. They wanna be able to orchestrate their current business and expand to on chain."
People still don't realize that Chainlink has brought to market an entirely new category of protocol category: Orchestration.
Orchestration is the ability to make chains composable with non-chain networks like SWIFT, DTCC, Fedwire, credit card networks, etc.
This is a huge unlock because these networks clear and settle transactions entirely offchain. So, you need an orchestration layer protocol that can coordinate workflows across all chains *and* legacy networks.
Understand this:
No one else has this.
Institutions need this badly.
William Reilly (Head of CeFi @chainlink ) Breaks Down Why Institutions Can’t Go On Chain Instantly And How Chainlink Is Making That Switch a Reality:
"So you can really start having these orchestrated workflows. And that's what they really want. They wanna be able to orchestrate their current business and expand to on chain."
9.85K
139
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.