Is Ripple Building a SWIFT Bank Oracle To Rival Chainlink?
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Capital flows across major economies have considerably shifted to a digital level. With major financial conglomerates like SWIFT urging crypto firms to collaborate with traditional financial institutions in building the new global economy landscape, interoperability is key. The $25B RWA Competition Just Got Fiercer Chainlink (LINK) has made themselves a name for building oracles, which is basically a database registering off-chain records that can be later stored on different blockchains. This efficient data storage is crucial for instant banking - and Ripple Labs is building an oracle for that. https://twitter.com/SMQKEDQG/status/2033570210444177680 Building an oracle to query data from existing banking
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