Well my youtube friends, it’s been a while since I talked about that stinky, stinky cryptocurrency.
It’s a coin, you can smell it from a mile away...because it reeks like none other in
the crypto space! So...the big question is. CAN YOU SMELLLLLLLLLLLLLLL...what Sergay is cooking!?
Well take a big whiff, because it’s time for Chico Crypto!!
If you can’t tell from the Sergay hint...the crypto that stinks like none other,
is that decentralzied oracle solution stinky link! Also known as Chainlink!!
Now I’ve probably been the longest supporter of Chainlink out of any crypto Youtuber.
September of 2017...all the way back during the last crypto cycle, just a couple of months after
I started my channel... I made my first video on Chainlink, breaking it down!
Please don’t go watch that video, it’s embarrassing how bad I was at presenting
content compared to today!! But since it’s almost been 4 years since that video...it’s time to bring
the heat with Chainlink once again...as there is some BIG News floating around!!
Sooo, I’ve been talking about Unibright a lot lately, and their connection to enterprises such
as Microsoft! This connection comes through the baseline protocol and their baseledger offering
which is in collaboration with Provide!! In early October, there is a major blockchain event...ETH
Atlanta, which is the Ethereum event for Enterprise. This is put on by Provide,
Baseline and the Baseleger...and as we can see Unibright founders Martin and Stefan
are presenting the Baseledger and providibright showcase. Scrolling down, we can see
Yorke Rhodes, the co-founder of blockchain at Microsoft is also presenting, as well other big
enterprise names from Cona Coca Cola, Consensys, Splunk, Service now, and even Ernst and Young…..
But no Chainlink? Why no Stinky Link? If you didn’t know Chainlink is one
of the 14 founding organizations of the baseline protocol, which also included AMD,
Ernst and Young, Consensys, MakerDAO, Microsoft, Splunk, and of course Unibright and Provide!
So is Chainlink not involved with Baseline or the Baseleger offering from Provide and Unibright!?
No, No, No my friends...you gotta look further than just the surface level!
It was announced last year, that Provide and Chainlink would be partnering and
collaborating “to make a new easy button for enterprise smart contract oracles”.
From the blog “Provide Technologies and Chainlink announced a new collaboration today
that will integrate Chainlink into the Provide API, offering enterprises a low-code framework
for building with Chainlink. This will allow developers to: 1) Access Chainlink
data feeds by way of the Provide API 2) Enable simple turnkey deployment of
Chainlink nodes into your own infrastructure and 3) Allow enterprises to consume premium
Chainlink data without needing to acquire or hold cryptocurrency to interact with the network
It then says “In addition, this integration further positions Chainlink as the de facto
standard for smart contract oracles within enterprise business process
automation by way of the Baseline Protocol.
Chainlink is the de-facto standard for the baseline protocol.
And Chainlink was being integrated into the Provide API….So can we confirm that?
Well going to Provide documentation and to the oracle section, it talks of the easy
button mentioned in the Chainlink collab blog. It says “Provide is the easy button for consuming
real-world data which has been oracalized on-chain (i.e., written to a smart contract)
after consensus has been reached by a set of independently-operated nodes (oracles).
Provide supports Chainlink decentralized oracle networks which consist of security-reviewed,
sybil-resistant and fully-independent nodes
which are operated by leading blockchain devops and security teams.
Provide and Chainlink have created the enterprise easy button for oracle solutions in Enteprise. Now
jumping into the Baseledger whitepaper it says “The Provide Framework streamlines the effort
coming out of traditional enterprise consulting services, in collaboration with a customer’s
business process and domain knowledge. Visually-designed domain models are then
transformed into code generated artifacts such as smart contracts, oracles, and zero-knowledge
circuits. The Provide stack (which includes Chainlink oracles) serves as a protocol- and
cloud-agnostic reference implementation for the Baseline Protocol and this same flexibility makes
it well-suited to play a significant role within the first reference implementation of Baseledger!
Obviously, Chainlink is involved with the Baseline protocol, Provide,
and Baseledger! Chainlink will be at ETHATL...they just aren’t presenting
as... of yet….But this involvement goes so much deeper than most people realize,
and it has everything to do with Microsoff and the Speaker at ETH Atlanta, Yorke Rhodes…
So if you didn’t know the Microsoft Suite of tools are getting blockchained and baselined.
From Baseline protocol documentation, we can see Microsoft Dynamics is already integrated!
Baseline is also integrated with Microsoft Excel.
Last month in the middle of July John Wolpert tweeted about it, and it was showcased during
their office hours, how spreadsheets and business data can be baselined!
By the way, I’ll be joining the office hours this Wednesday,
September 1st...mark your calendars. Do not miss it!!
Dynamics, Excel is based….but what’s missing? A big piece of the office suite….Microsoft Word...
And guess who is involved with getting that piece of Microsoft to the Blockchain? Chainlink…
Last year, Aaron Wright, co-founder of OpenLaw , the smart contracts legal contract company,
spoke on a Chainlink broadcast and this is what he said!
The Metamask for Microsoft Office, Oracles can communicate with Microsoft word,
and smart Contracts can be built from them!! Even legal contracts, spun up on Word by a lawyer!
Although there is more...this Microsoft rabbit hole goes
deep! So let’s dig ourselves a big old hole for this STINK leak…
April of 2019 Microsoft announced the token taxonomy framework, a way to standardize tokens
and their creation by creating a set commonly agreed upon standards for each token type. As
we can see the initial blog of it’s announcement. Marley Gray of Microsoft was the author….
Marley Gray is a principal architect for Microsoft, who has been with them over 21 years,
who directs blockchain business development but also more..which we will get into in a second!
Now just over 1 year later, the Interwork Alliance was created. This was a global enterprise alliance
whose goal was to standardize token powered ecosystems worldwide!! And this was going to
be accomplished in part with something called the IWA, Interwork Alliance, token taxonomy framework!
Doesn’t that sound familiar? Like the framework Microsoft announced in 2019?
Well, it would make sense as Microsoft is #1 sponsoring member of the Interwork Alliance & if
we go to the board of directors, guess who is sitting right there? Marley Gray of Microsoft!!
And now….switching back to the founding members of the IWA...Chainlink is listed as #1!!
Sooo, I wonder, oh I wonder...how close the Chainlink-Microsoft connections are?
Is there just a connection through this alliance!? Oh
hell no...it’s way closer and tighter than most people realize!
And I gotta thank Linky Leaks for finding this one! They tweeted “New Microsoft patent with Town
Crier in the references :) #chainlink...with a source to the patent and picture proof.
Give Link Leaks a follow by the way...they are legit, profile down in the description…
Well diving into the patent, we can see that it’s for a ledger independent token service,
it’s from Microsoft and one of the investors is Marley Gray! In the abstract it says “a computer
system executing the service can receive, from a user, a request to create a token on a distributed
ledger network. The computer system can further provide to the user one or more token templates,
where each token template corresponds to a type of physical or digital asset and defines a set
of one or more attributes and one or more control functions associated with the type”
It sounds like this uses the token taxonomy framework, to assign attributes to tokens!
But how does this tie into chainlink? A few ways and it has everything to do with the references!!
First down in the references, like Linky Leaks said, Town Crier is referenced as helping create
this patent! Well if you didn’t know...Town Crier, the hardware based oracle system,
was acquired by Chainlink in November of 2018!
One connection down...many more to go! Also in the references for the patent...Marley Gray and
something called Bletchley is referenced 3 times! Also referenced is another patent,
submitted in late 2018 by Marley Gray,
and clicking into that it’s for something called a cryptlet smart contract!
Now going to Marley Gray’s Linkedin it says in his most recent job description for Microsoft
“Moved from driving the Business Development strategy for Blockchain at Microsoft
to building out my baby, project Bletchley. I am driving the architecture for the distributed
ledger application fabric for use with blockchains like Ethereum, Sawtooth, etc.
Now let's just play this historical clip from 2017 from the Flan Man himself Sergay!
Town Crier was referenced by Sergay, Marley Gray’s baby Bletchly is highlighted and the patent
submitted by Mr. Gray in 2018.. Cryptlets, the smart contracts, are also mentioned!
Do you get it? Because we do & why we like to get so STINKY! Cheers I’ll see you next time!