Chainlink has successfully completed the second phase of its pilot project with major financial institutions, including DTCC, Swift, Euroclear, UBS, and BNP Paribas. The initiative leverages AI models such as GPT and Gemini to standardize on-chain records for business actions, aiming to significantly reduce processing costs by billions annually. This reduction is achieved by minimizing errors and manual operations, which Citibank estimates can cost up to $34 million per event under traditional methods. The project also promotes asset tokenization through blockchain integration, facilitating the creation of verifiable records and expanding global data sharing capabilities. This advancement is expected to enhance efficiency and reliability in financial transactions, marking a significant step forward in the digital transformation of financial services.