Chainlink CCIP protocol and automation are now live on Gnosis
ChainLink's CCIP interoperability protocol and automation services are now available on the Gnosis network, the two entities announced on June 12.
Gnosis users can now use ChainLink for cloud computing tasks and offload heavy computing tasks to the ChainLink network, reducing gas bills by up to 90 percent. More importantly, the Chainlink CCIP protocol allows Gnosis users to send messages, communicate and exchange value on the blockchain.
Philip Schommers, Head of Infrastructure at Gnosis, expressed his excitement about deploying Chainlink's CCIP protocol and automation services on Gnosis:
“Empowering Gnosis devs with cross-chain connectivity and verifiable computation enables them to develop powerful applications that solve real-world use cases. Finally, by providing mission-critical infrastructure, Gnosis and ChainLink are poised to advance the Web3 ecosystem toward mass adoption.
The Chainlink CCIP protocol is rapidly emerging as the industry choice for cross-chain communication and interoperability. Blockchain companies, institutions like the Depository Trust and Clearing Corporation, and even the Swift messaging system recognize Chainlink's power to transform the financial system.
Related: DTCC, Chainlink Complete Fund Data Token Pilot With US Banks
In May, Chainlink announced a partnership with Fast Addition, a blockchain adapter for tokenized assets for institutions interested in interacting with the renewable energy sector and carbon markets.
Through the collaboration, the companies hope to leverage ChainLink's CCIP protocol and the power of real-world price feeds to enable banks to interact with assets in blockchains.
Later that month, Chainlink signed an agreement with Arta Techfin, a Hong Kong-based asset management firm, to disguise illegal real estate and collectors.
In late May, Ethereum Layer-2 network Silo announced an integration with ChainLink to introduce cross-chain messaging and interaction with users of the network.
Finally, ChainLink's highly publicized pilot program with the Depository Trust and Clearing Corporation and banking giants such as JP Morgan, Bennie Mellon, US Bank and Edward Jones helped further solidify its industry leadership in terms of interoperability and real-world asset tokenization.
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