Bringing TradFi to Polkadot with Chainlink

Author: Pitcoin 

Since Chainlink's CCIP is the standard tested by ANZ bank and SWIFT and other financial institutions for cross-chain transactions, DOT needs to create a way to absorb the 'quadrillions' of dollars being transacted, according to Sergey Nazarov.

Problem to solve

There is no specific dApp on any chain that envisions the volume of transactions from traditional banks that will flow on-chain. DOT and the ecosystem as a whole need a direct entry point, and therefore working together with Chainlink’s CCIP is essential to capture liquidity for the ecosystem.

Proposed solution

Here’s the translation:

"Establish a specific appchain to receive LINK’s CCIP transactions."

Resources

https://twitter.com/chainlink/status/1851931916100079967
https://twitter.com/chainlink/status/1851686024595820562
https://twitter.com/chainlink/status/1850237709358653769/photo/1
https://twitter.com/chainlink/status/1849815055249833995

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