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$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!
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