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Chainlink Issues A Grant To The University Of Basel’s Center For Innovative Finance

Twitter icon  •  Published 3 years ago on May 9, 2022  •  Hassan Maishera

The Chainlink team announced via a blog post on Friday that it has issued a grant to the University of Basel’s Center for Innovative Finance.

Chainlink Issues A Grant To The University Of Basel’s Center For Innovative Finance

The Chainlink team announced via a blog post on Friday that it has issued a grant to the University of Basel’s Center for Innovative Finance. The grant will support a project looking into the utilization of dynamic non-fungible tokens (NFTs) to represent real-world assets, with a specific focus on contractual agreements within centralized finance (CeFi) and decentralized finance (DeFi), the team added.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by more than 4% over the past 24 hours and is trading at $9.67 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.