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Chainlink Unveils CRE to Power $100T Web3 Boom with UBS & SBI Integration

  • 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.

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