"What we are building is not just technology, but a brand new economic model."
Interview & Article: Anderson Sima, Executive Editor of Foresight News
Chainlink co-founder Sergey Nazarov, image source: Chainlink
On the coast of Hung Hom, Sergey Nazarov gave a thumbs up to the audience below. As a co-founder of Chainlink, he has been active on the front lines of the blockchain industry from New York to Singapore to Beijing.
On October 30, the oracle network Chainlink held its annual SmartCon summit for the first time in Hong Kong. In his speech, Chan Ho-lam, Deputy Secretary for Financial Services and the Treasury of Hong Kong, expressed excitement about the innovative potential of blockchain and virtual assets, and he looks forward to more integration of virtual assets with the real economy.
In real life, Sergey Nazarov fits the stereotype of a tech engineer, always dressed in a T-shirt or plaid shirt. In an exclusive interview with Foresight News, he mentioned that he might seem a bit "strange" due to jet lag. Interestingly, he has an unusual curiosity about electronic devices, such as being concerned about the heat dissipation of laptops on desks.
Sergey Nazarov's journey in blockchain began in 2011, when the blockchain industry was still in its infancy, and Bitcoin was the only existence. Nazarov initially encountered Bitcoin as a gaming enthusiast, but he was soon attracted by the decentralized philosophy behind Bitcoin. He realized that Bitcoin, as a global standard that does not rely on any company, has the potential to exist for the next 100 years, which was unprecedented in the history of digital currency at that time.
With the rise of the concept of smart contracts, Nazarov saw the enormous potential of blockchain technology. He and his team chose not to compete with emerging platforms like Ethereum but decided to build an oracle network, a critical infrastructure that did not exist at the time. The development of the oracle network provided a bridge connecting real-world data and systems to smart contracts, greatly expanding the application scope of blockchain technology.
Nazarov emphasized that Chainlink has played an indispensable role in the rapid growth of DeFi (decentralized finance). With Chainlink's support, the total value locked in DeFi surged from less than $100 million to a peak of over $200 billion. The services provided by Chainlink have become the industry standard, enabling more advanced smart contracts and providing a solid foundation for the development of DeFi.
When discussing Chainlink's latest technological advancements, Nazarov specifically mentioned the Chainlink Runtime Environment (CRE). This technology can coordinate multiple blockchain technologies, similar to the applications of Cobalt and Java in the financial sector. He believes that the launch of CRE marks an important step for Chainlink in the integration and application of blockchain technology.
Additionally, Chainlink has made progress in privacy technology. Nazarov mentioned privacy managers and cross-chain privacy transaction technologies, which are crucial for the integration of traditional financial systems and DeFi. By providing privacy protection, he stated that Chainlink enables more financial services to migrate securely to the blockchain.
Nazarov likened Chainlink's CCIP (Cross-Chain Interoperability Protocol), which it has been promoting, to TCP/IP in the blockchain world. Just as TCP/IP unified the internet, CCIP provides a unified connection platform for different blockchains. Through CCIP, Chainlink makes cross-chain transactions and communications simpler and more efficient.
Nazarov also emphasized Chainlink's efforts in promoting the standardization of blockchain technology. He believes that standardization is key to the development of blockchain technology and a prerequisite for large-scale adoption. Chainlink is collaborating with global regulatory agencies, financial institutions, and technology innovators to advance the standardization process of blockchain technology.
"We believe that through standardization, blockchain technology can better integrate into the existing financial system, bringing more value to the global economy," Nazarov said.
Regarding the tokenization of real-world assets (RWA), Nazarov pointed out that, unlike cryptocurrencies, RWAs need to provide proof of authenticity and existence. Chainlink's role in this aspect is to provide the necessary proof and verification, enabling RWAs to be tokenized and traded on the blockchain.
Furthermore, Nazarov explored the application of AI technology in the Chainlink oracle network. He explained that AI excels at converting unstructured data into structured data that machines can use. Chainlink can run multiple AI models and compare their results to reach a consensus. This AI consensus mechanism is similar to how Chainlink processes price data, providing reliable data inputs for smart contracts.
Nazarov also shared his thoughts on the future development of blockchain technology. He believes that the development of blockchain technology is not just a technological iteration but a profound transformation involving finance, economy, and even social structures. He envisions that as blockchain technology develops, we will see a more open, transparent, and decentralized world.
"What we are building is not just technology, but a brand new economic model," Nazarov said. "Chainlink's mission is to be the bridge connecting traditional finance (TradFi) and decentralized finance (DeFi), allowing the two to seamlessly integrate and jointly promote the development of the global economy."
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
