Chainlink
Chainlink provides decentralized applications with the definitive truth about the external world so they can trigger reliable real-world outcomes.
To securely retrieve data from the outside world, smart contracts require an additional piece of infrastructure known as an oracle. The data that controls Smart contracts needs to meet the highest possible standards because it will directly control billions and eventually trillions of dollars in value.
Chainlink is a decentralized oracle network that provides smart contracts a tamper-proof, and highly available connection to all of the world’s highest quality data feeds.
With chainlink, a smart contract can access data pertaining to:
- Financial markets
- Cryptocurrency prices
- Weather
- Sports results
- IoT sensor readings
Chainlink provides the definitive truth about the real world for high-value smart contract application for any blockchain network, securely connecting the world’s existing infrastructure to the emerging blockchain infrastructure that aims to redefine it.
Watch the video below for more details:
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