Chainlink founder Sergey Nazarov on the Chainlink-powered DTCC AppChain enabling tokenized equity, collateral movement, and creating profit via yield.
"DTCC is providing a never-before-seen blockchain environment that creates legally binding ownership and real tokenization of equities. This is going to really change how tokenized equities are viewed and how various other forms of tokenization are viewed because it's really the first form of this that has all the same rights and all the same relationship with the actual underlying equity as in the traditional world. 0:33 Now, the DTCC AppChain is then going to need a lot of connectivity. Like many of the chains we work with, it's going to need connectivity to data. It's going to need connectivity to other chains such as public chains and other private chains. And when you create this connectivity, the tokenized equity and the ability to do agreements around the tokenized equity in the DTCC AppChain then gets supercharged because now you can price the equity on a real-time basis with the data. You can access liquidity on various other chains. And that's when you start having not only tokenization of equity, but collateral management.
1:08 So you have all of these more advanced steps beyond tokenization. And those are the steps that Chainlink is enabling. We're enabling the ability to price the tokenized equity at the time when it's used as collateral. We're enabling the movement of the collateral. We're enabling the payment and repayment of loan obligations. We're enabling the creation of yield through that process. So all of this is really what's needed to make tokenization useful.
1:30 Because tokenization in and of itself just puts something on a chain. But then the question is, what is the value of putting it on a chain? And if the value of putting it on a chain is that it gets better yield, it can move 24-7, 365, it gets all of these great benefits, then that's really why you would do tokenization. And that's what chain link enables through all of this connectivity and movement and $LINK
"DTCC is providing a never-before-seen blockchain environment that creates legally binding ownership and real tokenization of equities. This is going to really change how tokenized equities are viewed and how various other forms of tokenization are viewed because it's really the first form of this that has all the same rights and all the same relationship with the actual underlying equity as in the traditional world. 0:33 Now, the DTCC AppChain is then going to need a lot of connectivity. Like many of the chains we work with, it's going to need connectivity to data. It's going to need connectivity to other chains such as public chains and other private chains. And when you create this connectivity, the tokenized equity and the ability to do agreements around the tokenized equity in the DTCC AppChain then gets supercharged because now you can price the equity on a real-time basis with the data. You can access liquidity on various other chains. And that's when you start having not only tokenization of equity, but collateral management.
1:08 So you have all of these more advanced steps beyond tokenization. And those are the steps that Chainlink is enabling. We're enabling the ability to price the tokenized equity at the time when it's used as collateral. We're enabling the movement of the collateral. We're enabling the payment and repayment of loan obligations. We're enabling the creation of yield through that process. So all of this is really what's needed to make tokenization useful.
1:30 Because tokenization in and of itself just puts something on a chain. But then the question is, what is the value of putting it on a chain? And if the value of putting it on a chain is that it gets better yield, it can move 24-7, 365, it gets all of these great benefits, then that's really why you would do tokenization. And that's what chain link enables through all of this connectivity and movement and $LINK