Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
A new Chainlink initiative aims to standardize the process of collecting and distributing information about key actions taken by corporations such as mergers, dividends and stock splits – vital data that is currently fragmented across countries.
Automating and standardizing this information could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, according to the report. The data is commonly used by investors.
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