Chainlink Labs Hires Diem Co-Creator Christian Catalini as Technical Adviser

In his new role, Catalini will primarily work on a new protocol for decentralized inter-blockchain messaging, data and token movements.

AccessTimeIconJan 27, 2022 at 5:00 p.m. UTC
Updated May 11, 2023 at 4:06 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Blockchain project Chainlink Labs has hired the co-creator of Meta’s Diem, Christian Catalini, as well as Stanford cryptographer Dan Boneh as technical advisers, the firm announced Thursday.

Chainlink develops “oracle” networks that connect real-world data with smart contracts built on blockchains. European telecommunications company Deutsche Telekom is one of the main data providers to Chainlink.

  • Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
    02:12
    Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
  • Akash Network’s Token Surges Nearly 50% on Upbit Listing
    01:02
    Akash Network’s Token Surges Nearly 50% on Upbit Listing
  • Meme Coin Life Cycle Is 'Five Days,' Delta Blockchain Fund Founder Says
    00:49
    Meme Coin Life Cycle Is 'Five Days,' Delta Blockchain Fund Founder Says
  • Binance Exec's Wife Denies Extradition Report; Thailand Tightens Crypto Regulation
    02:07
    Binance Exec's Wife Denies Extradition Report; Thailand Tightens Crypto Regulation
  • Catalini and Boneh will primarily work on the Cross-Chain Interoperability Protocol (CCIP), a new international standard for decentralized inter-blockchain messaging, data, and token movements. With CCIP, users will be able to move tokens and execute smart contracts across different blockchains via the Chainlink Network.

    “To ensure that CCIP launches as the most secure cross-chain protocol in the world, we’re bringing on some of the greatest minds in crypto-economics and cryptography to work with us,” said Chainlink co-founder Sergey Nazarov.

    Prior to joining Chainlink, Catalini was one of the co-creators and the chief economist of the Diem Association, owned by Meta Platforms (formerly Facebook), which was looking to create a stablecoin. On Wednesday, the Wall Street Journal reported that the Diem Association is selling its technology to Silvergate Capital for $200 million, citing an unnamed person.

    Catalini and Boneh will also be working with the Chainlink Labs research team on the economics section of the Chainlink 2.0 white paper.

    Chainlink is aggressively hiring and expanding its advisory team. In December, Chainlink added former Google CEO Eric Schmidt, who helped launch services Gmail, Google Maps and Chrome and acquired YouTube and Android during his time running the search giant. Schmidt joined Chainlink as a strategic adviser.

    There has recently been a wave of Web 2 talent rushing into the Web 3 space as blockchain, gaming and non-fungible token (NFT) companies continue to form and expand.

    This past week, YouTube’s head of gaming, Ryan Wyatt, announced he will be joining Polygon as the CEO of Polygon Studios, while YouTube’s senior director of creator partnerships Jamie Byrne said he would be joining NFT platform Bright Moments in a leadership role.

    UPDATE (Jan. 27, 15:04 UTC): Updated information about reported sale of Diem Association in fifth paragraph.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Tanzeel Akhtar

    Tanzeel Akhtar is a reporter based in London,UK.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about