Chainlink Becomes Standard for Infosys Banking Clients with 1.7B Accounts

Infosys has standardized on Chainlink's decentralized oracle network for its banking clients. This move is significant, as it will bring Chainlink's CCIP, CRE, ACE, and Proof of Reserve to banking systems that handle over 1.7 billion accounts.

No specific banks have been named yet, but the adoption of Chainlink's infrastructure signals a major milestone in enterprise uptake of crypto technology.

The use of Chainlink's services is expected to enhance security and proof-of-reserve auditability for decentralized finance (DeFi) platforms, centralized exchanges (CEXs), and decentralized exchanges (DEXs).