Maximise your Metaverse potential, giving you daily rewards and a passive income of 0.5% daily I'm going in!

Chainlink Labs has recruited former Google CEO as a strategic advisor

3 min reading

Chainlink announced on Tuesday that Eric Schmidt (Google former CEO) will direct the firm’s scaling strategy, particularly in its use of Oracle networks for smart contracts.


The man who once called Bitcoin “a remarkable cryptographic achievement” and whose net worth is estimated to be $23.6 billion is likely to be one of the wealthiest advisors to Chainlink. Schmidt who served as Google’s chief executive officer (CEO) until 2011 and then as executive chair at Alphabet and Google’s parent company. He now serves as a strategic advisor to Oracle solutions provider Chainlink Labs.

Chainlink announced on Tuesday that Eric Schmidt will direct the firm’s scaling strategy, particularly in its use of Oracle networks for smart contracts. Among the reasons the company decided to bring former Google executive Schmidt on board was Schmidt’s experience “building global software platforms for next-generation innovation”.

“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 stated.

Besides his time at Google and Alphabet, Schmidt served on the boards of Apple, Princeton University, Carnegie Mellon University, the Defense Department’s Innovation Board, and the National Security’s Commission on Artificial Intelligence and the Mayo Clinic. Considering Schmidt’s roughly estimated net worth of $23.6 billion, he’s likely to be one of the wealthiest advisors to a crypto firm.

As of earlier this year, Chainlink announced the Cross-Chain Interoperability Protocol, or CCIP, for connecting platforms’ oracles and enabling users to move assets and execute smart contracts across chains from every corner of the blockchain universe. It has currently locked up more than $80 billion worth of value in smart contracts and blockchain-based applications.

Currency Exchange rate Buy cryptocurrency

Maximise your Metaverse potential,
giving you daily rewards and a passive income of 0.5% daily

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Ommyo.Net ( Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Ommyo.Net c/o Fintech Labs Global Solutions, Unit 303, Ile Du Port, Mahe, Seychelles

The full document to read the ommyo privacy policy is available in this document.

Advanced settings can be changed in your browser.