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ADGM and Chainlink Join Forces to Advance Blockchain Standards

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by Giorgi Kostiuk

2 days ago


Abu Dhabi Global Market has partnered with Chainlink to advance blockchain adoption and develop regulatory frameworks.

A New Era of Blockchain Adoption

The partnership between ADGM and Chainlink was formalized through a Memorandum of Understanding. This agreement will enable ADGM’s Registration Authority to leverage Chainlink’s expertise and services for developing compliant blockchain solutions.

By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space.Hamad Sayah Al Mazrouei, CEO of ADGM’s Registration Authority

Enhancing Tokenization and Regulatory Compliance

A key focus of the partnership is the development of regulatory frameworks for tokenization, which has the potential to transform financial markets by increasing liquidity and reducing transaction costs.

ADGM has developed a robust environment where tokenization projects can thrive. Our alliance will elevate the blockchain ecosystem in the UAE, driving greater innovation and adoption.Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs

Workshops and Regulatory Discussions

As part of the collaboration, ADGM and Chainlink will host educational events and workshops focusing on key blockchain topics such as cross-chain interoperability, proof of reserves, and emerging blockchain standards.

The partnership between Chainlink and ADGM plays a pivotal role in shaping the future of blockchain finance, fostering regulatory frameworks and adoption of cutting-edge technologies.

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