Hello there,What you will find below is pure speculation, but i find it highly probable considering Chainlink and Coinbase respective goals. Let me know if you have any other point to raise.In the coming months, COINBASE will start selling massive amounts of financial data by creating Chainlink nodes. This will completely disrupt the Finance sector and boost the overall blockchain ecosystem by allowing all public and private blockchains to use real world data in their smart contracts.https://i.redd.it/opzc1liwiw631.pngWhat we knowAs you all know, COINBASE PRO just added CHAINLINK to its list of traded tokens : https://ift.tt/2ZWz4on is a decentralized Oracles system that allows smart contract to use real world data in order to fuel the smart contract economy. Chainlink is partnered with a lot of huge corporations (Oracle, SWIFT), Tech companies (Google) and Blockchain companies (V System, Harmony, Dapps...)COINBASE aims at becoming one of the leading Staking-as-a-Service provider - we've already seen what happened to Cosmos since Coinbase announcement to allow end users to stake their tokens directly through the Coinbase walletSTAKING LINKS will be available in the coming months. As you may not know, staking LINKS is not like staking ETH or COSMOS. It can be way more lucrative since we're actually using LINKS as a collateral to 'sell' data to smart contracts. These smart contracts having potentially a lot of underlying value (think about a single Millions dollars derivatives - now think about millions of derivatives, stocks...), smart contract users will require Nodes to STAKE a LOT of LINKS to trust them enough, in order to automatically feed their smart contracts with real world data.Finance is the first sector that will be disrupted by Blockchain Technology. This is what we call 'Decentralized Finance' (DEFI). BUT, What currently lacks to smart contracts is the ability to retreive offchain rates like EURIBOR, EONIA, FIAT to FIAT rates, stocks prices, or any other financial indicator used by derivatives and stocks marketshttps://i.redd.it/da9knx0klw631.pngConclusionsLINK will also be added to COINBASE in a near future, like anyother crypto added to coinbase pro firstCOINBASE will offer STAKING as a Service for LINKS Holders through their Coinbase walletCOINBASE will create a CHAINLINK NODE and start selling their financial data (FIAT/CRYPTO and CRYPTO/CRYPTO) to smart contracts providers (MKR, DHARMA, Compound, and all the DeFi projects waiting for ORACLES). Coinbase will become a direct competitor to Bloomberg or ReutersWe will be able to STAKE our tokens in COINBASE NODE to share their revenues, which will be HUGE as it will be the only trustless bridge to the real financial world !!!In my opinion, this is going to happen in the coming months as it's both in the interest of CHAINLINK and COINBASE. THIS WOULD BE THE FIRST REAL STEP TOWARD A FULLY DECENTRALIZED FINANCE !!!
Submitted June 27, 2019 at 08:39PM
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