Chainlink (LINK) has unveiled a new initiative aimed at transforming the corporate actions processing system, collaborating with 24 of the world’s largest organizations of the broader financial sector.

This partnership, announced on Monday, seeks to leverage Chainlink’s oracle technology, blockchain capabilities, and artificial intelligence (AI) to streamline the often cumbersome and costly processes associated with corporate actions.

Chainlink Partners With Financial Giants To Save Billions

According to the press release , the Chainlink-powered solution will allow financial institutions to receive structured and validated corporate actions data in multiple languages directly into their systems within minutes, rather than the days currently required.

This is expected to sav

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