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Chainlink

Technology Company
Grand Cayman, Midland, Cayman Islands
Founded 2014
250+

Chainlink is a decentralized oracle network that permits smart contracts on numerous blockchains

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cryptonewsnavigator.com is a decentralized oracle network founded by Sergey Nazarov and Steve Ellis, connecting blockchains to real-world data. It enables smart contracts to access reliable data, including weather data, market prices, or sports results, which blockchain alone cannot fetch. The platform is designed to ease the flow of tamper-proof data from off-chain sources to on-chain smart contracts.

Key Features:

  • The native LINK token is used to pay the node operators to retrieve data and perform off-chain operations.
  • Used in various sectors such as decentralized finance, gaming, insurance, and supply chain management.
  • Nodes of Chainlink check and validate data from multiple sources before delivering it to smart contracts.
  • Accurate price feeds for the assets to help users make informed decisions.
About
Type
Technology Company
Location
Grand Cayman, Midland, Cayman Islands
Region
Caribbean
Area Served
Global (decentralized)
Founded
2014
Employees
250+
Website
chain.link

Chainlink is a decentralized oracle network that permits smart contracts on numerous blockchains.

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