Join Chainlink Co-Founder Sergey Nazarov and new Chainlink Labs Chief Scientist Dr. Ari Juels in a #SmartCon conversation about the new Chainlink Labs research division and the role oracles play in bringing enterprise business to blockchains via DECO, Chainlink’s recently acquired privacy-preserving oracle technology. DECO enhances a user’s ability to use HTTPS/TLS for private web data transmission across the internet by providing cryptographically proven guarantees of its origin. The conversation touches a number of topics critical to cryptocurrency, blockchain, and API technology: Scaling for DeFi including with layer 2 Ethereum solutions and interoperability between public and enterprise chains Staking tokens to enhance crypto-economic security, also known as mechanism design Using privacy-preserving oracles to supply an enterprise’s sensitive data to smart contracts without storing it on-chain or exposing it ____ 2:50 – Why decentralized finance needs access to off-chain da...
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