FeesSafety
Pluang+

Chainlink, Swift, and UBS use AI and blockchain to cut $58B corporate actions costs.

Protocol Fundamentals
01 Aug 2026, 16:06 WIB
Crypto Briefing
View Source
Bullish
Chainlink, Swift, and UBS use AI and blockchain to cut $58B corporate actions costs.

Chainlink partnered with 24 major financial institutions including Swift, UBS, and Euroclear to tackle the $58 billion annual cost of corporate actions processing using AI and blockchain. Their Phase 2 initiative achieved near-100% data consensus by combining multiple AI models with Chainlink's oracle infrastructure, verified by institutional attestation. This solution automates the extraction and verification of corporate actions data, reducing costly manual errors and enabling seamless integration with both traditional finance systems and blockchain. The project also supports tokenized equity markets by providing reliable, standardized data essential for smart contracts, potentially saving billions and improving efficiency across global finance.

More News

DataParser enables firms to archive Zoom AI meeting summaries for compliance and oversight.

DataParser enables firms to archive Zoom AI meeting summaries for compliance and oversight.

DataParser by 17a-4 LLC now supports capturing Zoom AI meeting summaries along with transcripts and recordings for regulatory compliance. This solution helps firms retain, supervise, and search AI-generated content, closing gaps in archiving platform...

Others
Bullish
18 minutes ago
ZPMC signs RMB 2.835B import contracts at CIIE, total procurement now exceeds RMB 20B.

ZPMC signs RMB 2.835B import contracts at CIIE, total procurement now exceeds RMB 20B.

At the 9th China International Import Expo (CIIE), Shanghai Zhenhua Heavy Industries (ZPMC) signed import procurement contracts worth RMB 2.835 billion with 12 overseas suppliers including Siemens and ABB. This brings ZPMC's cumulative procurement co...

Market News
Bullish
26 minutes ago
Devia launches AI platform to streamline pharma quality deviation investigations globally

Devia launches AI platform to streamline pharma quality deviation investigations globally

Devia, an AI platform spun out from Visium, has launched to help biopharma companies, CDMOs, and CROs manage GxP quality deviations more efficiently. It automates the entire deviation lifecycle from reporting to root cause analysis and CAPA, reducing...

Others
Bullish
1 hour ago
Hong Kong launches largest WinterFest with three themed winter towns and 100,000+ discounts to boost festive spending

Hong Kong launches largest WinterFest with three themed winter towns and 100,000+ discounts to boost festive spending

The Hong Kong Tourism Board is hosting its biggest-ever "Hong Kong WinterFest" from November 18, 2026, to January 5, 2027, featuring three themed winter towns in Central, Tsim Sha Tsui, and Causeway Bay. The event includes immersive light shows, a 22...

Bullish
1 hour ago
Hong Kong launches largest WinterFest with three themed Winter Wonderlands and 100,000 offers to boost festive spending.

Hong Kong launches largest WinterFest with three themed Winter Wonderlands and 100,000 offers to boost festive spending.

The Hong Kong Tourism Board is hosting its biggest-ever Hong Kong WinterFest from November 18, 2026, to January 5, 2027, expanding its Winter Wonderland to three key areas: Central, Tsim Sha Tsui, and Causeway Bay. Each location features unique theme...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App