Chainlink CustodySync announcement targets safer, more efficient financial apps

Chainlink’s CustodySync announcement puts financial application security and efficiency at the center of its plans ahead of Link:NYC on October 29 . The product is the first in a series of announcements leading into an event expected to feature further developments and partnerships. Key takeaways CustodySync targets safer, more efficient financial applications. Link:NYC will serve as a showcase for Chainlink developments and partnerships. Chainlink’s CustodySync announcement targets financial applications CustodySync aims to improve operational efficiency and security for financial applications that use Chainlink ’s technology. Those are the product’s stated objectives, rather than reported performance results. Chainlink operates a decentralized oracle network that connects smart contracts with external data sources, APIs and payment systems. Its technology supports the use of outside information within blockchain applications.

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