Secure blockchain middleware provider SmartContract announced three additions to its advisory board.
Ari Juels is a distinguished professor of computer science at Cornell Tech’s Jacobs Institute and a co-director of IC3, a joint faculty initiative at Cornell University, Cornell Tech, UC Berkeley, UIUC, and Technion. He was cited for his contributions to cybersecurity and decentralized infrastructure through such work as the Proof of Retrievability paper that companies including Storj and Filecoin are based on.
Andrew Miller is an authority on decentralized consensus and secure decentralized systems creation. He has advised Zcash, Bezos, and the ChainLink Network and is an assistant professor of computer science at the University of Illinois at Urbana-Champaign. Mr. Miller is an IC3 associate director.
Hudson Jameson is the Ethereum community manager and an authority on smart contracts, Ethereum’s development roadmap, blockchain and digital currency.
The three join former Triton Research CTO and CoinFund launcher Jake Brukhman and Smith+Crown CEO Brian Lio on the advisory board.
The ChainLink Network aims to solve the problem of smart contracts’ inability to access off-chain resources such as data feeds, APIs or bank payments by providing a way to connect to external data sources, APIs, internal systems, and existing banking infrastructure. Once achieved they will be much more useful for financial purposes. The LINK token allows developers to pay each node operator for the information they provide access to.
“The ChainLink Network is proud to offer a solution to the pressing connectivity problem between smart contracts and external data by creating a fully decentralized blockchain middleware that serves as a conduit between smart contracts, data feeds, APIs, bank payments and back office systems, while making it accessible to smart contracts that need these resources via our LINK token,” SmartContract founder and CEO Sergey Nazarov said.
In a release SmartContract said they are working with SWIFT to create the SWIFT Smart Oracle, a process which will allow smart contracts on various networks to make payments, send governance instructions and release collateral with more than 11,000 banks.