{"id":140274,"date":"2024-10-22T11:30:49","date_gmt":"2024-10-22T08:30:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140274"},"modified":"2024-10-22T01:07:42","modified_gmt":"2024-10-21T22:07:42","slug":"chainlink-launches-ai-initiative-for-enhanced-corporate-data-management","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/chainlink-launches-ai-initiative-for-enhanced-corporate-data-management\/","title":{"rendered":"Chainlink Launches AI Initiative for Enhanced Corporate Data Management"},"content":{"rendered":"<p>The project seeks to <strong><a href=\"https:\/\/www.prnewswire.com\/news-releases\/chainlink-and-8-major-market-participants-launch-ai-powered-corporate-actions-initiative-to-address-unstructured-data-challenge-for-the-financial-industry-302281824.html\" target=\"_blank\" rel=\"nofollow\">create<\/a> <\/strong>a blockchain-based \u201cgolden record\u201d that consolidates and validates corporate data in real-time, improving accuracy and efficiency across the finance sector.<\/p>\n<p>By leveraging decentralized oracles and advanced AI large language models (LLMs), <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/chainlink\/\">Chainlink<\/a> <\/strong>intends to streamline the aggregation of essential corporate actions.<\/p>\n<p>This innovative approach aims to provide a unified source of truth, addressing the inconsistencies commonly found in corporate data, which is often released in various formats and through non-standardized channels.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/historic-1-1b-deal-marks-the-largest-acquisition-in-crypto-history\/\" title=\"Historic $1.1B Deal Marks the Largest Acquisition in Crypto History\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/03\/closing-deals-1-1-e1729460074210.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Historic $1.1B Deal Marks the Largest Acquisition in Crypto History<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Co-founder Sergey Nazarov emphasized the importance of this initiative, stating that it represents a significant advancement in managing critical data for both individual and institutional players in finance. The use of decentralized nodes ensures consensus on data accuracy, reducing errors from translation or misinterpretation.<\/p>\n<p>Although the initiative lacks a formal name, the concept of a \u201cunified golden record\u201d has emerged in discussions. Chainlink\u2019s ongoing efforts will focus on refining the standardization of this process and preparing for a wider implementation following successful trials in validating and transmitting corporate data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink has unveiled a significant AI initiative aimed at transforming corporate data management by collaborating with leading financial institutions, including Franklin Templeton, Swift, and Euroclear.<\/p>\n","protected":false},"author":3,"featured_media":27968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-140274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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