ChainLink (LINK)
About ChainLink
Chainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information securely interacts with external data feeds, events and payment methods providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreements. Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services. Chainlink is one of the major players in the data processing field and attracted numerous trusted data providers such as Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.
Resources
About ChainLink
Chainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information securely interacts with external data feeds, events and payment methods providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreements. Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services. Chainlink is one of the major players in the data processing field and attracted numerous trusted data providers such as Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.