Chainlink has launched an initiative to standardize data reporting on corporate actions such as mergers, dividends, and stock splits, which are currently fragmented across different countries. Collaborators include Euroclear, Swift, Franklin Templeton, and various blockchain projects like Avalanche and ZKsync. The initiative aims to automate and standardize the collection of corporate actions data, potentially saving businesses millions by reducing manual processes and operational inefficiencies. The first phase focuses on equity and fixed-income securities in six European countries, using Chainlink's decentralized oracles combined with large language models to create structured 'Golden Records' aligning with global standards. The project plans to later integrate with existing financial systems, further enhancing industry adoption. Chainlink co-founder Sergey Nazarov emphasized the importance of creating a unified source of truth that can streamline financial market operations, minimize errors, and decrease costs.

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