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Ex-Google CEO Schmidt Joins Chainlink Labs as Strategic Adviser
The executive will help guide the oracle project as it expands.
Former Google CEO Eric Schmidt has joined Chainlink Labs as a strategic adviser, the blockchain project announced Tuesday.
- Chainlink develops “oracle” networks to connect real-world data with smart contracts built on blockchains.
- Chainlink sends information and data from such sources as Deutsche Telekom and the Associated Press onto blockchains that helps trigger and secure more than $80 billion in value locked in smart contracts across many blockchains.
- “Blockchain networks and Chainlink oracles are at a crucial inflection point in terms of growth and adoption,” Chainlink co-founder Sergey Nazarov said in a statement. “Eric’s experience and insights around building global software platforms for next-generation innovation will be invaluable as we help developers and institutions usher in a new age of economic fairness and transparency.”
- Schmidt served as Google’s CEO from 2001 to 2011, when the company went public, launched services such as Gmail, Google Maps and Chrome, and acquired YouTube and Android.
- “The launch of blockchains and smart contracts has demonstrated tremendous potential for the building of new business models, but it has become clear that one of blockchain’s greatest advantages – a lack of connection to the world outside itself – is also its biggest challenge,” Schmidt said. “I am excited to be helping the Chainlink Labs team build a world powered by truth.”
Read more: Value Secured by Chainlink Data Soars 10-Fold in Less Than a Year
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Michelle Bloom
Michelle Bloom is CoinDesk’s Senior Social Media Editor. She works to identify opportunities within social media trends to inform CoinDesk's editorial and marketing strategy. Michelle is passionate about connecting with CoinDesk's audience and experimenting with new ways to increase the reach of CoinDesk's journalism. At Politico, Michelle helped recreate the news outlet’s visual storytelling and social media strategy. She also worked as a social media strategist for the International Consortium of Investigative Journalists’ high-profile rollout of the Pandora Papers. A member of the Knight Wallace for Journalists’ 2019 cohort at the University of Michigan and a graduate of Ohio University's Magazine Journalism program, Michelle has received two Awards for Excellence from the Society for News Design. She also volunteers with the Mount Vernon Amateur Radio Club in Alexandria, VA, and enjoys mentoring young journalists. Michelle is a member of the Online News Association, the Society for News Design and The Association of Cryptocurrency Journalists & Researchers. When she’s not scrolling through social feeds, Michelle is taking long walks with or enjoying the dog park with her three pups. An avid college football fan, you can find Michelle glued to her TV rooting on the Michigan Wolverines or her college team, the Ohio Bobcats. Michelle's crypto holdings are below CoinDesk's $1,000 disclosure threshold.
