Oracle Network decentralized Chainlink works with 24 of the world’s largest financial institutions to revise the way business actions, such as dividends, action divisions and mergers, are treated in global markets.
ChainLink managed a pilot with SWIFT, DTCC, Euroclear and six other financial institutions. He exploited a combination of his intelligence (AI) based on blockchain (AI) to ingest and validate real business action events in several languages.
This led to the production of unified data containers, known as Golden Records, in almost real time, according to a press release shared with Coindesk.
These recordings were distributed simultaneously to blockchain networks and inherited systems such as the Swift interbank messaging system, considerably reducing manual work and the risk of error.
The process used a mixture of large -language models, including OPENAI GPT, Google Gemini and Anthropic Claude, to extract structured data from unstructured business action. These were then published in the form of unified chain gold files to create a “single source of truth that all participants can easily access, check and rely”.
The ChainLink (CRE) execution environment has validated the model, while its interoperability protocol (CCIP) relayed data to blockchains, including Avalanche and the DTCC private network.
The data attest to cryptographically the outputs and contributed to potentially missing data fields. According to Chainlink, the system obtained a data consensus close to 100% in all test events.
The current business actions treatment system is expensive. Citi’s CITI 2025 asset service report shows that the average business action affects 110,000 interactions and costs $ 34 million to be treated. The global financial sector now costs $ 58 billion per year in processing business actions.
