Chainlink has agreed a strategic partnership with Infosys, the Indian IT multinational supporting banking and payments infrastructure linked to more than 1.7 billion customer accounts worldwide.
The collaboration is intended to help major traditional finance institutions connect their existing systems directly to blockchain networks, making it easier to adopt on-chain financial services.
Chainlink announced the agreement on X, saying Infosys, which is listed on the New York Stock Exchange as NYSE: INFY, is joining the company to “accelerate institutional onchain finance”.
“Infosys supports critical banking and payments infrastructure for more than 1.7 billion customer accounts worldwide and is now standardizing the adoption of the Chainlink platform,” Chainlink said.
The partnership adds to a series of institutional agreements secured by Chainlink over the past two years. Those include Mastercard-to-onchain rails, Fidelity International NAV data, corporate-actions work with Swift and Euroclear, and a partnership with SBI in Japan.
Chainlink said its offering includes the Cross-Chain Interoperability Protocol (CCIP), Chainlink Runtime Environment (CRE), Automated Compliance Engine (ACE) and Proof of Reserve. It also highlighted its data streams and feeds.
However, the announcement did not specify which of those products Infosys will use, or how the technology will be implemented by the company and its clients.
Infosys provides consulting and IT services and competes internationally with Tata Consultancy Services (TCS), Wipro and Accenture. The publicly traded company has previously developed blockchain-related services, including through its Finacle banking software.
Finacle is compatible with Ethereum, R3-Corda and Hyperledger. Infosys has also worked with ICICI Bank and Emirates NBD on a blockchain pilot aimed at international payments.
The company says its use of blockchain extends beyond banking. It has identified applications including pharmaceutical supply-chain tracking, healthcare-provider data management and insurance processing.
The agreement with Chainlink reflects a wider move by major IT companies towards blockchain projects, rather than limiting their involvement to early-stage experiments. Accenture and TCS are also active in the sector, while Accenture has its own partnership with Chainlink.
TCS’s strategy is similar to that of Infosys, using proprietary software to connect traditional financial systems with blockchain networks.
Chainlink’s growing relationships with large technology and financial organisations indicate that institutional use of decentralised infrastructure is being developed beyond pilot schemes and towards production-ready platforms.
