Tech, Chainlink, Abu Dhabi Global Market The settlement will present ADGM with entry to Chainlink’s blockchain instruments and allow regulatory discussions on blockchain, AI, and different rising applied sciences.
Abu Dhabi Global Market (ADGM), the UAE capital’s worldwide monetary heart, has signed a memorandum of understanding with Chainlink to collaborate on compliant frameworks for tokenized belongings.
The settlement will give ADGM entry to Chainlink’s suite of blockchain instruments, together with information feeds and interoperability providers, as it really works to foster blockchain innovation underneath its Registration Authority, based on a press release.
Chainlink has stated that its instruments have already enabled over $20 trillion in transaction worth enabled globally, and are utilized by main monetary market establishments.
Under the memorandum there may also be regulatory discussions round blockchain, synthetic intelligence and different rising applied sciences, in addition to a sequence of occasions aimed toward educating the UAE’s monetary ecosystem. Topics will embody tokenization, proof of reserves and cross-chain infrastructure—core elements of regulated digital asset markets.
“By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space,” stated Hamad Sayah Al Mazrouei, CEO of ADGM’s Registration Authority.
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