Eric Schmidt Now Is an Advisor at Chainlink

by in Blockchain News

Eric Schmidt Chainlink

Eric Schmidt, an American businessman and software engineer, now is an advisor at Chainlink Labs, which stands behind the development of the popular open-source blockchain platform Chainlink. Schmidt has an impressive career history.

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Previously he was CEO and executive chairman of Google.

In 2017, Schmidt co-founded a venture facility for public benefit, Schmidt Future with his wife Wendy Schmidt. The business leader also writes books on computer science.

Chainlink co-founder Sergey Nazarov said that Eric's experience and knowledge around developing next-gen software platforms will be vital.

Talking about the industry, Eric Schmidt said that blockchains and smart contracts play a huge role in building of new business models. Also, he mentioned the need to be connected to the outside sources. Schmidt says Chainlink is a secret ingredient that unlocks the power of smart contracts. He shared his excitement to join the platform and help to build a world powered by truth.

The number of various blockchain-based protocols using Chainlink's solutions, to access off-chain data, has been growing.

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Currently, Chainlink's native token LINK is the 21st largest crypto with over $9.8 bln market cap. In the past 24 hours, the token's price grew by over 10.2% and now is about $20.5.