Chainlink Partners with Infosys, the IT Giant Managing 1.7B Accounts
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On Tuesday, the decentralized oracle network Chainlink announced a strategic alliance with Infosys, the information technology (IT) giant. Chainlink explained that both companies have joined forces to help major traditional financial (TradFi) institutions easily and directly integrate their systems into blockchain networks. Chainlink has closed quite a few institutional deals in the last two years, including Mastercard's card-to-blockchain connections, Fidelity International's Net Asset Value (NAV) data, work on Swift/Euroclear corporate actions, and collaboration with SBI in Japan. On X, the oracle network platform announced a partnership with Infosys. "Infosys (NYSE: INFY), a global IT leader valued at over 40 billion dollars, establishes a strategic alliance with Chainlink to accelerate institutional on-chain finance," Chainlink wrote on X. "Infosys supports critical banking and payment infrastructure for over 1.7 billion customer accounts worldwide and is now standardizing the adoption of the Chainlink platform." Chainlink highlighted several of its technologies in the announcement, including the Cross-Chain Interoperability Protocol (CCIP), the Chainlink Execution Environment (CRE), the Automated Compliance Engine (ACE), and Proof of Reserves. The company also referenced its data streams and data feeds, although it did not precisely explain how Infosys would use any of...
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