Decentralized Oracle Network Chainlink is working with 24 of the world’s largest financial institutions to review how business actions, such as dividends, stock divisions and mergers, are dealt with across global markets.
Chainlink ran a pilot with Swift, DTCC, Euroclear and six other financial institutions. It utilized a combination of its blockchain-based and artificial intelligence (AI) to ingest and validate real company cases in multiple languages.
This led to the production of total data holders known as Golden Records, near real time, according to a press release shared with Coindesk.
These items were distributed simultaneously to blockchain networks and older systems such as Interbank -Messaging system Swift, reducing manual work and the risk of errors.
The process used a mixture of large language models, including Openai’s GPT, Google’s Gemini and Anthropics Claude, to extract structured data from unstructured corporate action messages. These were then published as Unified Gold Records on-chain to create a “single source of truth that all participants can easily access, verify and build on.”
Chainlink’s Runtime Environment (CRE) validated model outputs, while its interoperability protocol (CCIP) forwarded data to Blockchains, including Avalanche and DTCC’s private network.
Data Millter Attests Attested Output and contributed to potentially missing data fields. According to Chainlink, the system achieved an almost 100% data consensus across all testing events.
The current system of processing business actions is expensive. Citi’s Asset Service Report from 2025 shows that the average business action affects 110,000 interactions and costs $ 34 million to process. The global financial industry is now spending an estimated $ 58 billion annually to treat business actions.
