Fresh partnership Sergey Nazarov, co-founder of U.S. Commerce Department ChainLink, said the decentralized Oracle Network is working with other Trump administration agencies to introduce more federal functions in the chain.
The entrepreneur said the timeline for deploying these partnerships has not yet been solidified, but he hopes that “thing can move quickly.”
“All these agencies and departments have their own processes, which are unpredictable for approval,” Nazarov said in a video interview. Decryption this week. “We are definitely moving forward to some different cross-chain initiatives that we are beginning to discuss more, at least on the data side and on a few different cross-chain initiatives.”
Nazarov added that ChainLink has also been discussing with several state governments about similar initiatives but has not given any details about those plans.
ChainLink is an Oracle platform that allows smart contracts that guide most cryptographic activity, and securely pulls verified data from off-chain sources and integrates it into numerous blockchains. The company’s services are currently compatible with more than 14 blockchain ecosystems.
Nazarov admitted that some of Chainlink’s first forays in government’s use of blockchains do not necessarily look overly bold. For example, the Department of Commerce uses chain links feed Already published data on GDP, inflation and economic demand for the Defi market and the broader crypto ecosystem.
But these initiatives are merely the beginning of a long-term campaign to encourage the U.S. government to spur more ambitious leap into crypto infrastructure, he said.
“This is a low-risk and efficient way to start the process involved in the blockchain ecosystem,” Nazarov said. “But personally, I can already see many more steps from my interactions with people in DC.”
One such business that Nazarov has recognized is longer than its short-term goal, persuading the US government to use companies such as Chain Link to inherit the election.
The company’s services will help ensure the accuracy and integrity of both public data, as they are intended to show by the Department of Commerce partnership. Nazarov also said the federal government has already expressed “extreme” interest.
However, Oracle Networks can also improve trust issues in situations, he added. “Different groups are debating whether something happened or not.” Hello, we Presidential Election.
Nazarov said he has already had conversations with many groups in Washington about using blockchain systems to verify identity in American elections. He argued that the technology required for such an initiative is completely “ready” and that the issue of implementing such a system rests solely on political will.
“It’s not a technology issue,” he said. “That’s a political issue.”
While the power to decide logistics regarding US election voting is largely retained by state governments, President Trump has in recent months claimed that he himself has the power to make such decisions himself. Email Votefor example.
His administration is consistent too It was proposed To accept cryptography in all applications as a way to prove Trump’s authenticity as America’s first “crypto president.”
Nazarov said identity and privacy are political issues in the United States. He said this could delay the adoption of automated systems to verify the identification of US citizens.
Republicans have been holding, for example, violently in recent years. Opposition Creating a digital currency for the US Central Bank, or CBDCcites the possibility that the federal government can track civilian payments.
However, the Trump administration has also embraced tactics to address policy priorities that touched on the delicate topics of identity and identity verification. Aggressive deportation attack across the country by US Immigration Customs Enforcement (ICE) is spreading concern Even legal American residents should always give them their ID, fearing they exist. I was mistakenly taken into custody.
Monday, the U.S. Supreme Court Domination ICE has the authority to detain civilians based on controversial factors such as race, occupation, speaking accents, and Spanish flow ency.
