Former Google CEO Eric Schmidt has come to Chainlink Labs as a strategic advisor, the Blockchain Project, announced on Tuesday.
Chainlink develops Oracle networks to link real data with smart contracts based on the blockchain.
Using node operators such as Deutsche Telekom's T-Systems, Swisscom and the Associated Press, the Chainlink network secured more than $ 80 billion total volume locked (TVL) in smart contracts across multiple blockchain in services like DeFi, insurance and games.
Chainlink Oracles and blockchain networks are at a critical juncture in terms of growth and adoption," Chainlink co-founder Sergei Nazarov said in a statement. "Eric's experience and vision in building global software platforms for next-generation innovation will be invaluable as we help developers and organizations enter a new era of economic equity and transparency.
Schmidt was Google CEO from 2001 to 2011. At that time, the company grew strongly, went public, launched services such as Gmail, Google Maps and Chrome, and took over YouTube and Android.
The introduction of the Blockchains and smart contracts has shown enormous potential for building new business models, but it turns out that one of the greatest advantages of the Blockchains - the lack of connection to the outside world - is also its greatest challenge" , he said. Schmidt. . "I'm excited to help Chainlink Lab’s team building a real world powered by truth.