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Former Google CEO is now a strategic advisor for Chainlink Labs

Published 12/07/2021, 11:00 AM
Updated 12/07/2021, 07:20 PM

Eric Schmidt, the chief executive officer of Google until 2011 who later served as executive chair at the tech company and its parent firm Alphabet (NASDAQ:GOOGL), has joined oracle solutions provider Chainlink Labs as a strategic advisor.

According to a Tuesday announcement, Chainlink said Schmidt would guide the firm’s scaling strategy in its use of oracle networks to trigger smart contracts. Chainlink co-founder Sergey Nazarov cited Schmidt’s experience “building global software platforms for next-generation innovation” in the firm’s decision to bring the former Google exec on board.

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