Chainlink has launched a pilot on-chain database for corporate actions using artificial intelligence (AI) and decentralized oracle technology. The initiative aims to address the lack of real-time, standardized data on corporate actions.
Chainlink says that by using data oracles paired with big language AI models, they are able to transform unverifiable and unstructured off-chain data into digital data. This could save investors and brokers millions of dollars in annual costs.
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