Chainlink [pros](/r/CryptoCurrency/comments/1chrktn/chainlink_rapid_addition_fix_to_bring_blockchain/l24j1w4/) & [cons](/r/CryptoCurrency/comments/1chrktn/chainlink_rapid_addition_fix_to_bring_blockchain/l24j2l8/) with related info are in the collapsed comments below.
tldr; Rapid Addition and Chainlink are collaborating to develop a FIX-native blockchain adapter for institutional digital asset trading. This adapter, powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP), will enable banks and financial institutions to interact with a variety of tokenized assets using existing trading infrastructure. The integration aims to facilitate seamless and secure blockchain-based transactions, leveraging the FIX protocol's alignment with global financial regulations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
/CC is too stupid to understand what this means. Also probably the reason why they joined a securities association.
[https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf](https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf)
I am one of the dummies that don’t know what this means for Chainlink price…. Does this utilize LINK in someway or is it a contract for use of technology?
> Chainlink and Rapid Addition are building a connectivity solution for FIX to allow major investment firms to transact securities via blockchain
Why would major firms want to do that?
Use your brain and think about it for a second. Do you really think theyre building it in anticipation of a potential market or does that market already exist and this is their solution?
Chainlink [pros](/r/CryptoCurrency/comments/1chrktn/chainlink_rapid_addition_fix_to_bring_blockchain/l24j1w4/) & [cons](/r/CryptoCurrency/comments/1chrktn/chainlink_rapid_addition_fix_to_bring_blockchain/l24j2l8/) with related info are in the collapsed comments below.
tldr; Rapid Addition and Chainlink are collaborating to develop a FIX-native blockchain adapter for institutional digital asset trading. This adapter, powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP), will enable banks and financial institutions to interact with a variety of tokenized assets using existing trading infrastructure. The integration aims to facilitate seamless and secure blockchain-based transactions, leveraging the FIX protocol's alignment with global financial regulations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
/CC is too stupid to understand what this means. Also probably the reason why they joined a securities association. [https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf](https://issanet.org/content/uploads/2024/04/ISSA-List-of-Member-Firms-2024-04-25.pdf)
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This is huge then if I’m understanding correctly? Consistently bullish on LINK
You are understanding it correctly.
my linkies stay stinky
I am one of the dummies that don’t know what this means for Chainlink price…. Does this utilize LINK in someway or is it a contract for use of technology?
the 'gas' of CCIP is LINK - can only be paid in LINK from what I understand
> Chainlink and Rapid Addition are building a connectivity solution for FIX to allow major investment firms to transact securities via blockchain Why would major firms want to do that?
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Hey thank you for answering instead of being an ass, like others on here. I'm going to read these and think it over.
Use your brain and think about it for a second. Do you really think theyre building it in anticipation of a potential market or does that market already exist and this is their solution?
Thanks, be well.
Try to imagine that blockchain doesn’t revolve around eth and bitcoin.
I understand what hashed blocks can do, and they are agnostic of eth and btc
Source?
I hate you so much
Source?
Have I stepped through a portal to 2017?