Oct 21, 10:07 AM

Chainlink Highlights Decentralized Finance at Sibos Amid BIS Warnings on Tokenization Risks, $285.8 Billion Boost

Chainlink is making significant strides in bridging decentralized technology with traditional finance, as evidenced by its exclusive representation at the Sibos conference hosted by Swift. At the event, Chainlink's Angie Walker discussed sustainable securities investment and post-trade innovation at Conference Stage 5. Additionally, the Bank for International Settlements (BIS) has released a report highlighting the risks associated with tokenization, despite its potential benefits such as reducing costs and speeding up transactions. The report emphasizes the need for central bank oversight to mitigate governance and liquidity risks. Meanwhile, ACI Worldwide predicts that real-time payments could boost global GDP by $285.8 billion and create 167 million new bank account holders by 2028. Attendees can meet the Chainlink team at Stand C40.