Chainlink Co-Founder Reveals How Their Standards Are Saving The Financial World From Itself

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Sergey Nazarov, the Chainlink co-founder, recently sat down to graciously enlighten us about how Chainlink’s oh-so-mighty standards are the bedrock of every blockchain and DeFi transaction. You see, by establishing a unified framework, Chainlink’s dream is to reduce transaction complexity (no more headaches!) and, in their own words, connect DeFi to the “real world” financial system. So, essentially, they’re turning the blockchain world into a less confusing place where, apparently, everything just works. Who knew?

Read on to uncover how these “standards” (they love that word) are supposed to revolutionize the finance world. Spoiler: they’re doing it in a very… organized way.

How Blockchain Transactions Have Evolved (Or, The Past Was Simpler, But Here We Are)

Nazarov kicks off with the obvious point that the whole blockchain industry is, at its core, about transactions. Whether it’s DEX transactions, stablecoin shenanigans, real-world asset dealings, or plain old cryptocurrency trades, they’re all just transactions, right?

“Tens of trillions of dollars in liquidity merged into a single global Internet of Contracts.” – Sergey Nazarov explains how Chainlink’s set of standards reduces transaction complexity by up to 90%. The magic is real. ↓

– Chainlink (@chainlink) September 23, 2025

Once upon a time, transactions were simple. You had a single chain, everything was guaranteed, and life was easy. But, oh, how things have changed. Now, transactions span multiple blockchains. You’ve got to deal with inputs like data, identity, and even AI – because, of course, why wouldn’t you want your blockchain transaction to involve a robot? And that means you need a big framework to ensure everything stays intact: data doesn’t get messed with, compliance is followed, and AI behaves itself.

It’s a mess, really, and it’s only getting messier, but hey, that’s what Chainlink is here for.

How Chainlink Standards Simplify Transactions (Or, How To Turn Chaos Into Order)

Sergey continues by stating the obvious: modern transactions are complicated. They’re not just about numbers and money; oh no, now you’ve got to deal with technicalities, too. Enter Chainlink’s standards, which, in the grand scheme of things, are supposed to make all of this “much simpler.” And, of course, everyone’s favorite solution-global standards-will save the day. No more worrying about how to send tokens, because everyone will be using CCIP, the cross-chain interoperability protocol. Easy, right? 😏

Now, if you want to use data, it’s easy-peasy as well. Just follow Chainlink’s data standards and you’re good to go. Identity verification? No need to sweat that either, as CCID and Chainlink’s identity standards take care of it for you. By the time you’re done, you’re left with about 10% of the transaction to actually negotiate-because that’s what really matters, right? The final terms.

Chainlink Powers DeFi and TradFi (Or, They’re Everywhere, Apparently)

According to Nazarov, standards are the key to cutting down friction and enabling a seamless global connection in finance. Chainlink, naturally, is “leading the charge” on this front. So, basically, they’re the big deal in town. They’ve already powered a good chunk of DeFi, and now they’re dipping their toes into traditional finance (TradFi) for cross-chain operations, data, and smart contract essentials. They’re everywhere. There’s no escape.

He also adds that before any of this infrastructure is used, everyone has to agree on the fine print. Without standards, even the simplest trade would be so complicated, it’d make your head spin. And guess what? That complexity is why institutions and big money have been staying away from DeFi. Surprise, surprise!

Chainlink Goals for Global Financial Standards (Or, How They Plan to Rule The World)

And, of course, Chainlink’s grand goal is to create standards that work for more players and larger pools of capital. Not that they’re aiming to conquer the world or anything. But if they succeed, their standards and infrastructure could become the open global standard, powering the next-gen financial system. No biggie.

Already, Chainlink controls over 70% of DeFi, and guess what? It’s also starting to show up in traditional finance. Talk about being in the right place at the right time.

Chainlink’s standards are the bridge between DeFi’s cutting-edge innovations and traditional finance, which involves tens of trillions of dollars in liquidity, all merged into a unified, global “internet of contracts.” So yeah, the future of global finance might just be riding on these guys.

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2025-09-23 17:40