Decentralized Oracle Network Chainlink works together with 24 of the world’s largest financial institutions to revise how business actions, such as dividends, stock splits and mergers, are processed on the global markets.
Chainlink led a pilot with Swift, DTCC, Euroclear and six other financial institutions. It used a combination of his blockchain-based and artificial intelligence (AI) to take and validate real business actions in multiple languages.
This led to the production of uniform data containers, known as Golden Records, in almost real -time, according to a press release shared with Coindesk.
At the same time, these records were spread over blockchain networks and legacy systems such as the Interbank Messaging System Swift, which considerably reduces manual work and the risk of errors.
The process used a mix of large language models, including the GPT of OpenAi, Google’s Gemini and Claude van Anthropic, to extract structured data from unstructured announcements of business promotion. These were then published as Unified Gold Records on-Chain to create a “single source of truth that can easily open, verify and build all the participants.”
Chainlink’s Runtime environment (created) validated model outputs, while passing on its interoperability protocol (CCIP) data to block chains, including Avalanche and the private network of DTCC.
Data certifications cryptographically confirmed the outputs and contributed to potentially missing data fields. According to Chainlink, the system achieved a data consensus of almost 100% over all test events.
The current system for processing business actions is expensive. CITIs 2025 Asset Service Report shows that the average business promotion is affecting 110,000 interactions and costs $ 34 million to process. The global financial sector now spends an estimated $ 58 billion annually processing business actions.