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HomeCrypto NewsMarketBillionaire And Former Google CEO, Eric Schmidt Becomes Chainlink Strategic Advisor

Billionaire And Former Google CEO, Eric Schmidt Becomes Chainlink Strategic Advisor

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Former Google CEO and Billionaire, Eric Schmidt has joined oracle provider Chainlink Labs as a strategic advisor.

In addition to his work in Google as CEO, Eric Schmidt has served as a technical advisor to Alphabet, chairman of the US Department of Defense’s Innovation Council, chairman of the National Security Commission on Artificial Intelligence, board member of Apple, Princeton University, Carnegie Mellon University, and the Mayo Clinic.

Chainlink co-founder Sergey Nazarov said:

“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.” 

Forbes estimates his net worth is roughly $24.3 billion, making him one of the richest advisors in cryptocurrency companies.

Eric Schmidt is one of the early proponents of Bitcoin. Wikileaks founder Julian Assange introduced him to cryptocurrency in 2011.

Schmidt previously described Bitcoin as “a remarkable achievement.”

In October Associated Press (AP) announced the use of Chainlink smart contracts to put its journalistic information on the blockchain.

One of the largest telecommunications companies in Switzerland, ‘Swisscom’ joined Chainlink in August.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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