According to CoinDesk, The Depository Trust and Clearing Corporation (DTCC), the world’s leading securities settlement system, has successfully completed a pilot project with blockchain oracle Chainlink and several major U.S. financial institutions.
The objective of Smart NAV was to create a standardized procedure for generating and distributing net asset value (NAV) data of funds across virtually any private or public blockchains using Chainlink’s interoperability protocol CCIP.
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