1 week ago
Chainlink and 24 Banks Deploy AI Oracles to Fix Global Finance’s $58 Billion Data Crisis
FinanceAI in FinanceBlockchain FinancechainlinkCorporate ActionsDecentralized Oracle NetworksDeFi infrastructureOnchain Golden Recordtokenized assets
TLDR: Over 3.7 million corporate action events occur annually in the U.S., costing the global industry $58 billion each year. AI models extract unstructured financial data from PDFs, while Chainlink oracles verify and reach 100% consensus on accuracy. Major institutions including Swift, DTCC, Euroclear, and BNP Paribas are already distributing verified records across multiple blockchains. [...]
The post Chainlink and 24 Banks Deploy AI Oracles to Fix Global Finance’s $58 Billion Data Crisis appeared first on Blockonomi.
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