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Friday, 01/01/2021 11:55:57 AM

Friday, January 01, 2021 11:55:57 AM

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Chainlink's Plans For Blockchain and Beyond in 2021

“You’re going to see a depth of data in DeFi; you’re going to see a breadth of data as well,” Nazarov told Decrypt. That ranges from sports data to insurance data covering weather, shipping, and enterprise use cases. “There's going to be all these various datasets,” he added. “We can't even predict how people are going to build around them. They'll build fascinating things like prediction markets and all kinds of use cases that I'm extremely excited to see.”
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"Instrumental in Chainlink’s plans is its 2020 acquisition of DECO, a verification protocol for oracles. Developed by Cornell University researchers, DECO can prove the authenticity of data, while ensuring privacy, and the startup is now in the process of integrating it.

DECO, said Nazarov, is going to make all kinds of data available. Identity data, for example, can be verified, allowing a transaction to meet know-your-customer (KYC) or anti-money-laundering (AML) requirements, without exposing any sensitive information on-chain.

Notably, he said, DECO has already attracted interest—even from outside the blockchain space."

https://decrypt.co/51492/chainlinks-plans-for-blockchain-and-beyond-in-2021
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