HashKey Chain and Chainlink: Creating a seamless connection between blockchain and traditional finance

This article is machine translated
Show original
The collaboration between HashKey Chain and Chainlink is not only a business breakthrough in the integration of blockchain technology and traditional finance, but also an important signal that the global financial system is entering the era of decentralized, institutionalized, and compliant finance.

On March 13, 2025, HashKey Chain announced a strategic partnership with Chainlink, choosing Chainlink CCIP as its standard cross-chain infrastructure and Chainlink Data Streams as its official data solution. This is a major technical upgrade for HashKey Chain in the Layer 2 track, and also marks a decisive step in the field of institutional-level DeFi. Through this collaboration, HashKey Chain demonstrates its commitment to building a secure and compliant blockchain ecosystem, and further strengthens its connection with the traditional financial system.

As a representative of the Layer 2 solution under the Asian compliance framework, HashKey Chain has already gained certain advantages in the regulatory environments of financial centers such as Hong Kong and Singapore, and is committed to providing strong support for institutional investors, real-world assets, and compliant DeFi applications. Chainlink, as the global leading decentralized oracle network, has consolidated its position as an industry standard in the traditional finance field, with its practical experience in over $19 trillion in on-chain transactions. Chainlink's core products, especially CCIP and Data Streams, are widely used in the DeFi ecosystem and have also achieved deep cooperation with global top financial institutions such as Swift, Fidelity, and UBS, further expanding its influence in the traditional finance field.

Through the collaboration with Chainlink, HashKey Chain not only gains strong technical support, but also takes a leading position in the future construction of blockchain infrastructure. This collaboration also builds a bridge between traditional finance and Web3 for HashKey Chain, allowing it to meet the demands of compliance and technological innovation simultaneously, and promote the seamless integration of the two.

HashKey Chain's Strategic Considerations in Choosing Chainlink

| Technical Security and Stability: Chainlink's Core Advantages

In the blockchain ecosystem, cross-chain interoperability and data reliability have always been the two major challenges for technological development. HashKey Chain's choice of Chainlink is precisely because it values the security and reliability of its oracle network. As the blockchain ecosystem continues to expand, the demand for cross-chain communication and data verification is becoming increasingly urgent. Chainlink has successfully provided cross-chain interoperability solutions for public chains such as Avalanche, Polygon, and Optimism, protecting over $75 billion in DeFi TVL and facilitating over $19 trillion in on-chain transactions. This practical experience has made Chainlink an unrivaled leader in the Web3 infrastructure.

For HashKey Chain, the security of cross-chain asset transfers, token transmissions, and data exchanges is a fundamental requirement for building institutional-level financial applications. Chainlink's CCIP has a decentralized verification mechanism, which can effectively avoid common cross-chain security issues such as double-spend attacks and cross-chain re-entry attacks, ensuring the reliability and security of HashKey Chain in the high-value, low-risk financial environment. In this way, HashKey Chain can provide its institutional clients with guaranteed cross-chain services, reduce potential technical risks, and enhance its market competitiveness as a compliance-friendly platform.

In addition, Chainlink's Data Streams, as its on-chain data service, provide HashKey Chain with low-latency, real-time, and tamper-proof market data, which is particularly important in the fields of high-frequency trading and derivatives trading. The financial market has an urgent demand for real-time and transparent transaction data, especially in the context of increasingly stringent compliance requirements. By collaborating with Chainlink, HashKey Chain can ensure that the data on its platform is verifiable, transparent, and compliant, providing institutional investors with secure and reliable market information, further consolidating its leading position in the field of compliant DeFi and institutional finance.

| Connecting Traditional Finance and Web3: Chainlink's Influence in Web2

As blockchain technology is gradually integrated into the traditional financial system, the boundaries between Web2 and Web3 are being broken down. HashKey Chain is seeking more efficient ways to connect these two worlds, and Chainlink, as the industry-leading decentralized oracle network, has made breakthrough progress in this field. Compared to many infrastructure providers that focus solely on the DeFi domain, Chainlink has not only dominated the on-chain finance, but also established a solid industry standard in the traditional financial market, becoming a crucial bridge between the two worlds.

Currently, Chainlink has engaged in deep cooperation with global top financial institutions such as Swift, Euroclear, and UBS, promoting the implementation of asset tokenization, cross-border payments, and on-chain financial data applications. For example, Swift has successfully connected over 11,500 banks to the blockchain network through Chainlink CCIP, solving the compatibility issues between traditional payment systems and on-chain assets, enabling a more seamless flow between fiat and digital assets. Furthermore, in collaboration with financial giants such as UBS, SBI, and Fidelity International, Chainlink has onboarded core financial data such as fund net asset values, asset settlements, and cross-border payments onto the blockchain, significantly improving data transparency and market liquidity. These collaborations not only demonstrate Chainlink's technical capabilities in connecting Web2 and Web3, but also prove that it has gained widespread recognition in the global financial market.

For HashKey Chain, by leveraging Chainlink as a bridge-type infrastructure, it can seamlessly connect its asset management and payment settlement systems to the global financial system, achieving real-time interaction with over 11,500 financial institutions. This level of connection means that HashKey Chain can not only simplify cross-border transaction processes and reduce settlement frictions, but also further enhance its compliance framework and institutional-level credibility, laying the foundation for the large-scale influx of institutional capital.

More importantly, this collaboration is not only an upgrade in the technical aspect of HashKey Chain, but also a leap in its market positioning. Through Chainlink, HashKey Chain can quickly improve its recognition in the global financial industry and build strong competitive advantages in areas such as RWA, DeFi, institutional-level asset management, and cross-chain finance, truly realizing the vision of empowering traditional finance with Web3.

| Ecosystem Expansion and Developer Support: Lowering Barriers, Enhancing Vitality

Chainlink's technical support has greatly reduced the entry barriers for Web3 developers to join the cross-chain ecosystem, and provided a more comprehensive infrastructure for the HashKey Chain ecosystem. Through CCIP and Data Streams, HashKey Chain can strengthen its cross-chain asset circulation and real-time data transmission capabilities, and has built a set of efficient and seamless development tools and APIs, allowing developers to easily integrate advanced Web3 applications and reduce development costs and technical barriers.

This technical upgrade is particularly valuable in the areas of RWA tokenization and smart contract automation, where developers can leverage the high-trust data streams and decentralized cross-chain operations provided by Chainlink to build more complex DeFi applications and financial products, such as:

l Cross-chain fund management: Utilize CCIP to seamlessly transfer tokenized fund assets between HashKey Chain and other public chains, realizing investment portfolio management across different blockchains;

l Automated hedging transactions: Through the real-time market data provided by Data Streams, smart contracts can execute low-latency, high-precision automated hedging strategies to mitigate market volatility risks;

l Compliant DeFi solutions: Combining Chainlink's identity verification oracles, HashKey Chain can provide compliance-friendly lending, yield management, and settlement tools for institutional investors.

This technical synergy not only enhances HashKey Chain's attractiveness in the developer ecosystem, but also provides richer support for innovative applications in the Web3 field, driving the development of emerging tracks such as institutional-level DeFi and cross-chain finance. As more developers continue to join, the HashKey Chain ecosystem will further expand, promoting the large-scale deployment of Web3 applications and accelerating its penetration in the global blockchain market.

Profound Impacts on Both Parties

| HashKey Chain: Dual Leaps in Technology and Ecosystem

This collaboration is a key step in the technical upgrade of HashKey Chain, as well as a leap in its ecosystem and market competitiveness. At the technical level, with the help of Chainlink's CCIP and Data Streams, HashKey Chain will see significant improvements in cross-chain interoperability, data transmission, and institutional-level financial services. CCIP provides it with secure and scalable cross-chain capabilities, making asset flows and smart contract interactions more efficient, while the low-latency and tamper-proof data provided by Data Streams greatly enhances HashKey Chain's application capabilities in areas such as high-frequency trading, lending, and RWA asset management. This not only reduces the risk of off-chain data dependence for developers in the HashKey Chain ecosystem, but also provides a more solid foundation for its DeFi, derivatives, and stablecoin applications.

In the market, Chainlink, as a global top-tier Web3 oracle service provider, brings stronger credibility to HashKey Chain with its brand influence and extensive institutional cooperation network. Compared to other Layer 2 solutions, HashKey Chain already has compliance advantages, and this collaboration further consolidates its competitiveness in the Asian market, making it more attractive to institutional investors and high-end developers. Particularly in the areas of RWA, institutional-level DeFi, and on-chain financial services, Chainlink's technical endorsement makes it easier for HashKey Chain to gain recognition from banks, asset management companies, and cross-border payment enterprises, thereby driving larger capital inflows and expanding its potential user base.

|Chainlink: Accelerating Strategic Deployment in the Asian Market

Through the collaboration with HashKey Chain, Chainlink is accelerating its strategic deployment in the Asian market, especially in financial centers such as Hong Kong and Singapore that are friendly to blockchain regulations. While helping Chainlink deepen its influence in the compliant Web3 ecosystem, this also lays the foundation for it to further penetrate the institutional DeFi and RWA tracks.

Against the backdrop of traditional financial institutions gradually embracing blockchain, Chainlink has become the preferred decentralized oracle solution for banks, asset management companies, and payment clearing networks. For example, its collaborations with global financial giants such as Swift, Euroclear, and UBS have proven the wide applicability of CCIP in cross-border payments, asset tokenization, and fund management. Through this partnership, Chainlink further enters the compliant blockchain ecosystem in Asia and can deeply integrate with licensed financial institutions like HashKey Group, expanding its application scenarios in compliant stablecoins, cross-border payments, DeFi lending, and more.

Furthermore, HashKey Chain's strategy of driving ecosystem growth through compliance aligns well with Chainlink's positioning in the institutional market. As the global leading provider of cross-chain interoperability and data solutions, Chainlink's technology has already matured in the DeFi field, but its deep application in the compliant financial system is still in the early stage. Leveraging HashKey Chain's compliance advantages in regions like Hong Kong and Singapore, Chainlink can more smoothly enter the traditional financial system in Asia and attract more regulatory-friendly Web3 projects to adopt its solutions. This not only consolidates Chainlink's leading position in the global Web3 infrastructure, but also opens up new market growth opportunities, allowing it to occupy a favorable position in the institutional DeFi development wave in Asia.

Industry Significance: The Trend of Blockchain and Traditional Finance Integration

The collaboration between HashKey Chain and Chainlink is not only a business breakthrough in the integration of blockchain technology and traditional finance, but also an important signal that the global financial system is entering the era of decentralized, institutionalized, and compliant finance. Against the backdrop of gradually clarified global regulations, the traditional financial market's acceptance of blockchain is increasing, but it still faces key challenges such as compliance, security, transparency, and efficiency. The partnership between HashKey Chain and Chainlink demonstrates a new solution - using decentralized technology to improve the efficiency of the financial system, eliminate intermediate links, and increase liquidity, while ensuring compliance with regulations, providing a feasible path for the seamless integration of Web3 and traditional finance.

From a macro market perspective, this collaboration reflects the accelerated digital transformation of global finance. Since 2024, with the large-scale promotion of RWA tokenization, major global financial institutions such as UBS, Fidelity International, and JP Morgan have been actively deploying blockchain infrastructure. As one of the most compliant Layer 2s in Asia, HashKey Chain is building a new standard for institutional DeFi, incorporating on-chain asset management, cross-border payments, stablecoin issuance, and compliant lending into its ecosystem. As the world's most mature cross-chain interoperability solution, Chainlink has been widely applied in the European and American financial systems, and this collaboration marks its deep penetration into the Asian market, providing core technical support for the blockchain ecosystems of financial centers such as Hong Kong and Singapore.

Furthermore, this collaboration not only represents a technical upgrade for HashKey Chain, but also a rise in its position in the global financial market. In the future, as institutional DeFi develops, the demand from traditional financial institutions for transparent, secure, and efficient blockchain infrastructure will continue to grow. Relying on Chainlink's cross-chain interoperability, on-chain data verification, and compliant oracle capabilities, HashKey Chain will more easily attract traditional financial institutions to enter the DeFi field and drive the real-world application of Web3 infrastructure in the global financial market. This trend will not only significantly increase HashKey Chain's TVL, but also promote the adoption of blockchain in global capital markets, trade finance, asset management, and other fields, making it an important participant in the global multi-chain financial ecosystem.

From a longer-term perspective, the collaboration between HashKey Chain and Chainlink will help the Asian market become a key growth point for global blockchain financial innovation. While financial institutions in Europe and the United States have already experimented with DeFi, in Asia, especially in financial centers such as Hong Kong, Singapore, and the United Arab Emirates, the infrastructure construction of compliant chains is still in the early stage. As the Layer 2 under the licensed institution HashKey Group in Hong Kong, HashKey Chain has built a bridge for global compliant Web3 finance through this collaboration, and is expected to become the preferred DeFi ecosystem foundation in the Asian market, driving the large-scale implementation of innovative applications such as RWA, stablecoins, on-chain payments, and institutional lending.

Ultimately, this collaboration will become an important milestone in the transition of global DeFi from fragmented and speculative to institutionalized, compliant, and stable. As the HashKey Chain ecosystem continues to grow, and Chainlink continues to expand globally, we are witnessing the birth of a more transparent, efficient, and seamlessly integrated global blockchain financial system.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments