$1000 Chainlink!? Here Is Exactly Why It Will Happen! - YouTube

Channel: Chico Crypto

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Well my youtube friends, it’s been a while since  I talked about that stinky, stinky cryptocurrency.  
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It’s a coin, you can smell it from a mile  away...because it reeks like none other in  
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the crypto space! So...the big question is. CAN  YOU SMELLLLLLLLLLLLLLL...what Sergay is cooking!? 
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Well take a big whiff, because  it’s time for Chico Crypto!!
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If you can’t tell from the Sergay hint...the  crypto that stinks like none other,  
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is that decentralzied oracle solution  stinky link! Also known as Chainlink!!
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Now I’ve probably been the longest supporter  of Chainlink out of any crypto Youtuber.  
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September of 2017...all the way back during the  last crypto cycle, just a couple of months after  
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I started my channel... I made my first  video on Chainlink, breaking it down!
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Please don’t go watch that video, it’s  embarrassing how bad I was at presenting  
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content compared to today!! But since it’s almost  been 4 years since that video...it’s time to bring  
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the heat with Chainlink once again...as  there is some BIG News floating around!!
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Sooo, I’ve been talking about Unibright a lot  lately, and their connection to enterprises such  
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as Microsoft! This connection comes through the  baseline protocol and their baseledger offering  
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which is in collaboration with Provide!! In early  October, there is a major blockchain event...ETH  
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Atlanta, which is the Ethereum event for  Enterprise. This is put on by Provide,  
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Baseline and the Baseleger...and as we can  see Unibright founders Martin and Stefan  
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are presenting the Baseledger and providibright  showcase. Scrolling down, we can see  
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Yorke Rhodes, the co-founder of blockchain at  Microsoft is also presenting, as well other big  
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enterprise names from Cona Coca Cola, Consensys,  Splunk, Service now, and even Ernst and Young…..
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But no Chainlink? Why no Stinky Link?  If you didn’t know Chainlink is one  
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of the 14 founding organizations of the  baseline protocol, which also included AMD,  
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Ernst and Young, Consensys, MakerDAO, Microsoft,  Splunk, and of course Unibright and Provide!
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So is Chainlink not involved with Baseline or the  Baseleger offering from Provide and Unibright!?  
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No, No, No my friends...you gotta look  further than just the surface level!
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It was announced last year, that Provide  and Chainlink would be partnering and  
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collaborating “to make a new easy button  for enterprise smart contract oracles”.  
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From the blog “Provide Technologies and  Chainlink announced a new collaboration today  
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that will integrate Chainlink into the Provide  API, offering enterprises a low-code framework  
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for building with Chainlink. This will  allow developers to: 1) Access Chainlink  
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data feeds by way of the Provide API 2) Enable simple turnkey deployment of  
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Chainlink nodes into your own infrastructure  and 3) Allow enterprises to consume premium  
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Chainlink data without needing to acquire or  hold cryptocurrency to interact with the network
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It then says “In addition, this integration  further positions Chainlink as the de facto  
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standard for smart contract oracles  within enterprise business process  
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automation by way of the Baseline Protocol.
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Chainlink is the de-facto standard  for the baseline protocol.  
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And Chainlink was being integrated into  the Provide API….So can we confirm that?
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Well going to Provide documentation and to  the oracle section, it talks of the easy  
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button mentioned in the Chainlink collab blog.  It says “Provide is the easy button for consuming  
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real-world data which has been oracalized  on-chain (i.e., written to a smart contract)  
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after consensus has been reached by a set  of independently-operated nodes (oracles). 
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Provide supports Chainlink decentralized oracle  networks which consist of security-reviewed,  
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sybil-resistant and fully-independent nodes  
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which are operated by leading  blockchain devops and security teams.
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Provide and Chainlink have created the enterprise  easy button for oracle solutions in Enteprise. Now  
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jumping into the Baseledger whitepaper it says  “The Provide Framework streamlines the effort  
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coming out of traditional enterprise consulting  services, in collaboration with a customer’s  
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business process and domain knowledge.  Visually-designed domain models are then  
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transformed into code generated artifacts such  as smart contracts, oracles, and zero-knowledge  
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circuits. The Provide stack (which includes  Chainlink oracles) serves as a protocol- and  
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cloud-agnostic reference implementation for the  Baseline Protocol and this same flexibility makes  
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it well-suited to play a significant role within  the first reference implementation of Baseledger!
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Obviously, Chainlink is involved  with the Baseline protocol, Provide,  
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and Baseledger! Chainlink will be at  ETHATL...they just aren’t presenting  
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as... of yet….But this involvement goes  so much deeper than most people realize,  
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and it has everything to do with Microsoff  and the Speaker at ETH Atlanta, Yorke Rhodes…
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So if you didn’t know the Microsoft Suite of  tools are getting blockchained and baselined.  
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From Baseline protocol documentation, we can  see Microsoft Dynamics is already integrated! 
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Baseline is also integrated with Microsoft Excel.  
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Last month in the middle of July John Wolpert  tweeted about it, and it was showcased during  
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their office hours, how spreadsheets  and business data can be baselined!
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By the way, I’ll be joining the  office hours this Wednesday,  
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September 1st...mark your  calendars. Do not miss it!!
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Dynamics, Excel is based….but what’s missing? A  big piece of the office suite….Microsoft Word...
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And guess who is involved with getting that  piece of Microsoft to the Blockchain? Chainlink… 
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Last year, Aaron Wright, co-founder of OpenLaw  , the smart contracts legal contract company,  
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spoke on a Chainlink broadcast  and this is what he said!
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The Metamask for Microsoft Office, Oracles  can communicate with Microsoft word,  
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and smart Contracts can be built from them!! Even  legal contracts, spun up on Word by a lawyer!
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Although there is more...this  Microsoft rabbit hole goes  
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deep! So let’s dig ourselves a  big old hole for this STINK leak…
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April of 2019 Microsoft announced the token  taxonomy framework, a way to standardize tokens  
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and their creation by creating a set commonly  agreed upon standards for each token type. As  
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we can see the initial blog of it’s announcement.  Marley Gray of Microsoft was the author….
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Marley Gray is a principal architect for  Microsoft, who has been with them over 21 years,  
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who directs blockchain business development but  also more..which we will get into in a second!
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Now just over 1 year later, the Interwork Alliance  was created. This was a global enterprise alliance  
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whose goal was to standardize token powered  ecosystems worldwide!! And this was going to  
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be accomplished in part with something called the  IWA, Interwork Alliance, token taxonomy framework!  
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Doesn’t that sound familiar? Like the  framework Microsoft announced in 2019?
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Well, it would make sense as Microsoft is #1  sponsoring member of the Interwork Alliance & if  
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we go to the board of directors, guess who is  sitting right there? Marley Gray of Microsoft!!  
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And now….switching back to the founding members  of the IWA...Chainlink is listed as #1!!
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Sooo, I wonder, oh I wonder...how close  the Chainlink-Microsoft connections are?  
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Is there just a connection  through this alliance!? Oh  
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hell no...it’s way closer and  tighter than most people realize!
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And I gotta thank Linky Leaks for finding this  one! They tweeted “New Microsoft patent with Town  
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Crier in the references :) #chainlink...with  a source to the patent and picture proof.  
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Give Link Leaks a follow by the way...they  are legit, profile down in the description…
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Well diving into the patent, we can see that  it’s for a ledger independent token service,  
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it’s from Microsoft and one of the investors is  Marley Gray! In the abstract it says “a computer  
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system executing the service can receive, from a  user, a request to create a token on a distributed  
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ledger network. The computer system can further  provide to the user one or more token templates,  
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where each token template corresponds to a type  of physical or digital asset and defines a set  
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of one or more attributes and one or more  control functions associated with the type”
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It sounds like this uses the token taxonomy  framework, to assign attributes to tokens!  
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But how does this tie into chainlink? A few ways  and it has everything to do with the references!!
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First down in the references, like Linky Leaks  said, Town Crier is referenced as helping create  
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this patent! Well if you didn’t know...Town  Crier, the hardware based oracle system,  
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was acquired by Chainlink in November of 2018!
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One connection down...many more to go! Also in  the references for the patent...Marley Gray and  
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something called Bletchley is referenced 3  times! Also referenced is another patent,  
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submitted in late 2018 by Marley Gray,  
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and clicking into that it’s for something  called a cryptlet smart contract!
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Now going to Marley Gray’s Linkedin it says in  his most recent job description for Microsoft  
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“Moved from driving the Business Development  strategy for Blockchain at Microsoft  
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to building out my baby, project Bletchley. I  am driving the architecture for the distributed  
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ledger application fabric for use with  blockchains like Ethereum, Sawtooth, etc.
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Now let's just play this historical clip  from 2017 from the Flan Man himself Sergay!
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Town Crier was referenced by Sergay, Marley  Gray’s baby Bletchly is highlighted and the patent  
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submitted by Mr. Gray in 2018.. Cryptlets,  the smart contracts, are also mentioned!  
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Do you get it? Because we do & why we like to  get so STINKY! Cheers I’ll see you next time!