Popular blockchain oracle network Chainlink has boarded former Google CEO and billionaire Eric Schmidt as one of the network’s strategic advisors.
Schmidt has joined the likes of former Coinbase CTO Balaji Srinivasan and Cornell computer science professor Ari Juels who are helping Chainlink labs drive its multi-chain interoperability goal.
Eric Schmidt is now an advisor helping build #Chainlink.
Former Google CEO @ericschmidt supports a world powered by truth: “Chainlink is a secret ingredient to unlocking the potential of smart contract platforms and revolutionizing business and society.” https://t.co/AKGtfFisuq pic.twitter.com/di1v07QbWp
— Chainlink – Official Channel (@chainlink) December 7, 2021
Created in 2017, Chainlink is a decentralized oracle network built on the Ethereum blockchain. The network uses its oracle network to provide real-world data to trigger smart contracts built on blockchains.
Chainlink co-founder Sergey Nazarov commented in the announcement:
“Blockchain networks and Chainlink oracles are at a crucial inflection point in terms of growth and adoption. Eric’s experience and insights around building global software platforms for next-generation innovation will be invaluable as we help developers and institutions usher in a new age of economic fairness and transparency.”
Eric Schmidt served as Google’s chief executive officer for nearly a decade before leaving the company in 2011. The former CEO had become one of the driving forces behind the company’s success. Under his leadership, Google went public, offered services such as Gmail, Google Maps, and Chrome, as well as acquired YouTube and Android.
“The launch of blockchains and smart contracts has demonstrated tremendous potential for the building of new business models, but it has become clear that one of blockchain’s greatest advantages — a lack of connection to the world outside itself — is also its biggest challenge,” said Schmidt. “Chainlink is a secret ingredient to unlocking the potential of smart contract platforms and revolutionizing business and society.”
