What is Chainlink?
Chainlink is a project focused on interoperability. Chainlink wants to solve blockchain connectivity issues by making it possible for smart contracts to connect to external data sources and applications. Chainlink achieves this through a system of Chainlink “oracles”, which are third party agents that can communicate with off chain system and APIs to find and verify data. Once found and verified this data can then be integrated into smart contracts, massively expanding their functionality and potential use. This is the value proposition behind Chainlink as it aids adoption and unlocks new potential for the cryptocurrency ecosystem.
