Chainlink
Chainlink is the standard for on-chain finance, verifiable data and cross-chain interoperability. Chainlink is a decentralized oracle network enabling real-world data connectivity to smart contracts on the Ethereum blockchain. The network is unifying liquidity across global markets and has enabled over $16 trillion in transaction value across the blockchain economy. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.
ABOUT CHAINLINK
Chainlink is a framework for building Decentralized Oracle Networks that bring real-world data onto blockchain networks, enabling the creation of hybrid smart contracts.
The network enables trillions of dollars in transaction value across DeFi, insurance, gaminig, NFTs, and other major industries.
The network builds world-class Web3 solutions with global enterprises such as AWS, Google, T-Systems, and leading development teams including Aave, Compound, Synthetix, GMX, and more.
LINK, the network's native crypto token, is used to pay for oracle services, incentivize accurate data provision, and reward node operators.
CHAINLINK FEATURES
Time-tested security.
Chainlink services are powered by decentralized oracle networks with a long track record of high availability, reliability, and data accuracy.
Universal interoperability.
Chainlink connects existing systems to any public or private blockchain and enables secure cross-chain communication.
Hybrid smart contracts.
Chainlink’s ability to combine code on the blockchain and data from outside the blockchain enables developers to build “hybrid smart contracts,” which are Ideal for executing smart contract actions based on real-world events.
PRODUCTS
Cross-Chain Communication.
Move data and value between existing systems and any public or private blockchain.
Data Streams.
Leverage high-frequency market data to power the next generation of DeFi markets.
Market and Data Feeds.
Integrate ultra-secure onchain data to trigger smart contracts in DeFi and beyond.
Verify cross-chain and offchain reserves backing tokenized and wrapped assets.
Automation.
Automate smart contracts in a decentralized way with time or event-driven triggers.
VRF.
Use verifiable random numbers to ensure fair outcomes in games, NFTs, and more.