Former Google Veteran Appointed By Chainlink Labs as Strategic Advisor

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Eric Schmidt, a business and tech veteran known to serve as the Chief Executive Officer of Google has joined Chainlink Labs as a strategic advisor. According to a press release shared by Chainlink, Eric’s role will be centered on helping the oracle startup to reach a more global and mainstream audience through the futuristic solution in line with the company’s core goals.

Chainlink plays a vital role in the digital currency ecosystem as it helps any blockchain system access real-world and off-chain data. The addition of Eric will be geared toward bolstering this industry leader as the most widely used oracle protocol around today.

“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,” said Chainlink co-founder Sergey Nazarov.

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Global Leader Powering Global Growth

Eric Schmidt brings a lot of experience as Google’s CEO from 2001 to 2011, and as the tech giant’s chairman until 2015. During his time running the company, Google acquired YouTube, and Android, and expanded its product suite to include AdSense, Google Maps, and Chrome, and Gmail amongst others. 

The Google veteran and his broad experience also extends to national agencies including his role as the chairman of the National Security Commission on Artificial Intelligence. He has also served on the boards of Alphabet, Apple, Princeton University, Carnegie Mellon University, and the Mayo Clinic. Through these diverse experiences, Eric said he is excited to help build a system of truth-referring to Chainlink’s Oracles.

“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. I am excited to be helping the Chainlink Labs team build a world powered by truth.”

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With the highly advanced and experienced manpower it now has under its belt, Chainlink is set to be at the center of what is increasingly a multi-blockchain ecosystem. With its futuristic role in powering adoption in the crypto ecosystem, LINK, the protocol’s native token is billed to be amongst the biggest beneficiaries.

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