In this news:
Sergey and Vipin
Spotted on the list of confirmed attendees on Friday the 7th of March’s crypto-summit 2025 called by the Whitehouse is Sergey Nazarov, the co-founder of Chainlink. Sergey saw the writing on the wall for Real World Assets a while ago. Only a few others on the list are advocates for RWA. This includes Chris Giancarlo, a proponent of the Digital Dollar. Many others could swing either way. However they all stand to make lots of money if significant amounts of RWA are tokenized. The total value of RWA is probably north of $300 Trillion globally. A huge sum. If you talk about the amount being traded every year, the amounts can be even more.
RWAs are a reference to tokenized real world assets tradeable on chain. The main challenges to the frictionless trading of tokenized RWA are the privacy of transactions, problems with liquidity, the existence of blockchain islands, and the state of infrastructure for trading, settlement, post-trade custody and lifecycle management. This seems like a lot of missing links and capacity. Most of this list can be roughly grouped under interoperability. Automation is another. Chainlink is in the business of interoperability.
Chainlink creates and runs infrastructure for oracles.
Ancient oracles claim to have precognition, an insight into the future. Women possessed by the gods were oracles, predicting the future in cryptic utterances. Often those predictions are loaded with a twist in their tail, leading to unintended consequences. They are not predictions, but poetic turns of phrase which pass for prediction. Such a prediction appears true unwrapped every which way, after the past future has come to pass and now is the past. Hindsight is 20/20. There are several stories of these utterances leading powerful people who misinterpreted them, to their doom. See the fate of Croesus. Another story about oracles is the one about the Sibyl of Cumae, an oracle. The Sibyl appears in the epigraph of The Wasteland, unable to foretell her own death.
Oracles in digital assets are not meant to predict the future. Digital oracles deal strictly with the past. Even if it is the recent past. Chainlink was set up to be a decentralized oracle powered by LINK, a token. LINK prices have gone up a lot since they were issued a few years ago. I interviewed Sergey during Consensus 2024. I have listened to him speak since, on several occasions. This confirms that he is executing on the vision he outlined in our interview almost a year ago. Sergey is also extending that vision to contain the future through mechanisms that control what happens in the future.
.png)
