The group brings together stakeholders from traditional and digital finance to advise on the growing role of technologies such as blockchain and artificial intelligence in commodity and derivatives markets.
Sergey Nazarov, co-founder of Chainlink, a decentralized oracle network connecting smart contracts to external data sources, has been appointed to the Commodity Futures Trading Commission’s Innovation Advisory Committee.
The panel, established by CFTC Chairman Michael Selig, convenes leaders from traditional finance and the digital asset industry to guide the agency on emerging technologies.
The oracle network has facilitated more than $25 trillion in transaction value and now targets institutional adoption through data feeds and cross-chain interoperability tools. Its infrastructure enables financial institutions and decentralized applications to operate across multiple blockchains by linking on-chain systems to real-world information.
Nazarov, who co-founded the project in 2017 after earlier work on peer-to-peer marketplaces and venture investing, joins representatives from organizations including Nasdaq, CME Group, Intercontinental Exchange, Coinbase, and Robinhood as the Commission seeks to balance innovation with market integrity.
Source: https://cryptobriefing.com/sergey-nazarov-cftc-appointment/
