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What is ChainLink (LINK)?

The advent of Ethereum began the exploration of blockchain technology for more than just currency purposes. The fact that smart contracts and decentralized applications can be built gives blockchain projects like Ethereum a unique utility value.

However, making the solutions offered by smart contract platforms apply to the present state of real-world industries requires a connection with data and information that are off the blockchain.

At this present time, most real-world systems do not use the blockchain. In the near future, many of these systems could be making the transition to functioning with blockchain technology. Integrating accurate data or information into a smart contract from outside of the blockchain will require a special effect if it is to be achieved conveniently.

ChainLink is a blockchain project that creates this special effect.

ChainLink aims to connect blockchain to an off-chain infrastructure. The project intends to bridge the gap between blockchain…

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