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The Global Legal Entity Identifier Foundation (GLEIF), the only global source of open, standardized and high-quality legal entity reference data, and Chainlink, the industry-standard oracle platform, today announced a strategic partnership to create an institutional-grade identity solution for the blockchain industry.

Chainlink announced today a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift messaging and the Chainlink Runtime Environment (CRE). With Swift messages and CRE, banks and institutions can seamlessly access blockchains through the same Swift infrastructure they have relied upon for decades. This shows how institutions can access blockchains without needing to upgrade to new infrastructure, replace their existing processes, or integrate new identity and key management solutions.

21X has adopted Chainlink to deliver market data onchain for its tokenized securities

The Global Legal Entity Identifier Foundation (GLEIF) announces today the official launch of the vLEI Hackathon – a global innovation challenge in digital organizational identity. This new initiative aims to catalyze innovation and promote cross-industry collaboration to develop novel applications for the verifiable Legal Entity Identifier (vLEI).

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