Chainlink introduced Chainlink Runtime Environment (CRE) to bridge Web2 and Web3 for enterprise-grade blockchain applications.
The pillars of CRE's architecture include security, scalability, interoperability, and compliance, providing a reliable solution for on-chain activities.
Web3's predicted $100 trillion growth is driven by interoperability, Real-World Assets (RWAs), and regulatory compliance, with Chainlink focusing on solutions like CCIP.
UBS and SBI utilized Chainlink for tokenizing fiat funds, showcasing real-time orchestration with the potential to scale global finance in the Web3 space.