Who is Sergey Nazarov? - Coinleaks
Current Date:September 21, 2024

Who is Sergey Nazarov?

Sergey Nazarov is a Russian web entrepreneur, founder of Chainlink and SmartContract. He is also the co-founder of CryptaMail and Secure Asset Exchange.

Sergey Nazarov Life

Sergey Nazarov is the founder of Chainlink, a cryptocurrency project that bridges the digital and real worlds through data. Nazarov, who is also the founder of SmartContract, is also among the founding partners of CryptaMail and Secure Asset Exchange. Sergey Nazarov, a Russian web entrepreneur, was introduced to computers at a young age as both of his parents were engineers. Nazarov first “sat at a keyboard” at the age of five and fell in love with blocks and enjoyed dismantling antique cathode ray TVs to discover how they worked. Nazarov also enjoyed playing real-time strategy video games.

Sergey Nazarov holds a BA in Philosophy and Management from New York University. Before starting his own business, Nazarov worked as a Lecturer at NYU (New York University) Stern School of Business. He also served as Assistant Domestic Intern at FirstMark Capital from April 2009 to November 2010.

After leaving FirstMark in November 2010, Sergey Nazarov returned to Russia with a limited investment fund targeting highly specialized R&D teams. Besides, he ran a boutique web development company, experimenting with Bitcoin. Sergey Nazarov said that at the time he was still struggling to work out where he wanted to go with his profession, but eventually decided to focus on the emerging blockchain technology sector.

What is Chainlink?

Chainlink is a decentralized Blockchain Oracle (expert) platform that can connect to real-world applications, data, and an API. Chainlink was originally called SmartContract and aimed to bridge the gap between blockchain and legacy systems. Chain processing has smart contracts with parameters specified in a Service Level Agreement (SLA). Oracle collects data to prevent tampering, verifies it, saves it on the network and rewards Chainlink’s native Ethereum token LINK. Most importantly, it enables this data to be used in smart contracts.

Chainlink currently resides on the Ethereum blockchain and provides connectivity support to other Ethereum dApps. It is expected to support more networks soon as interoperability is the focus of the whole project.