Exploring Chainlink as an Oracle
Chainlink (https://chain.link/) is a decentralized oracle network that expands the capabilities of smart contracts by providing secure access to off-chain data and computation. It is a large and growing network with hundreds of node operators and thousands of oracle services supporting more than dozens of blockchains and helping billions of secured DeFi funds to be settled.
Some of the popular oracle services provided by Chainlink are as follows:
- Crypto pairs
- FX exchange rates
- Keepers network
- Verifiable randomness
- Equity data
- Weather data with historical information
- Carbon measurements
- Carbon offsets
Chainlink offers the most time-tested oracle infrastructure for helping centralized finance systems securely access the rapidly growing blockchain economy. It delivers data to smart contracts from premium sources, ensuring critical contract outputs are based on the highest quality inputs. It is architected with...
