Chainlink original code link (connection) He crossed $ 24, submitting 2.5 % on Thursday, with Oracle provider unveiled a joint venture with Digift and UBS to automate the symbolic funds in Hong Kong.
Three companies content Approval under the Hong Kong Traitan Support Plan in Hong Kong and support digital assets to create an automatic infrastructure for distinctive financial products, according to a press journalist on Thursday.
Partners plan to simplify how to distribute, settle and manage the special money throughout their life cycle. Today, these processes often include handicrafts that slow transactions and increase the risk of error. By converting these steps into smart contracts, the project aims to reduce costs and unify the fund’s operations.
Under the system, investors submit requests for UBS symbolic products through the Digift smart contracts. Then Cainlink is processing and registering transactions, which in turn leads to a release or recovery on UBS distinctive symbol contracts.
In other recent news, chainlink as well foot The interfering operating protocol through the chain to Aptos Blockchain, expanding contact solutions at the level of decentralized financial applications and corporate treasury management.
Technical analysis
- Coindsk Research said that ChainLink’s link showed a strong technical recovery after 20 % since mid -August.
- Size -based support was established at the level of $ 23.60 after the completion, which was confirmed by the continuous purchase interest.
- The distinctive symbol outperformed the Coindsk 20 index, which achieved 1.5 % during the same period.
Slip: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and commitment Our standards. For more information, see Coindsk Full Policy Artificial Intelligence.
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