ChainLink is a decentralized blockchain oracles service. The digital currency of ChainLink has facilitated the use of contracts that connect to applications, payment systems, transactions. This technology allows users to exchange assets without the involvement of third parties.
Oracles transform information from outside into a form available to blockchain. Digital contracts need to be filled with information from the outside world. Financial contracts should be supplemented with information on market relations. Insurance contracts find the necessary information in IoT relating to insurance claims. In case of investment contracts there is a check of the GPS data. Transactions can be made without the involvement of third parties, if users fulfill the conditions in a certain order.
- Chainlink 2.0 Lays Foundation for Adoption of Hybrid Smart ContractsChainlink - 1 day agoAnnouncing the Chainlink 2.0 whitepaper, a major expansion of the function of Decentralized Oracle Networks to power secure and feature-rich smart contract applications. __ATA.cmd.push(function() {…
- Get Index Prices in Solidity Smart ContractsChainlink - 3 days agoLearn how to use Chainlink’s pre-aggregated Price Feeds to retrieve broad market price data on indices such as FTSE 100. __ATA.cmd.push(function() { __ATA.initDynamicSlot({ id: 'atatags-1530763281-607a0f0348645',…
- Volta Receives a Co-Sponsored Grant to Natively Integrate Chainlink on EdgewareChainlink - 1 week agoVolta awarded a co-sponsored Chainlink grant to natively integrate the Chainlink oracle technology and Price Feeds into the Edgeware smart contract platform. __ATA.cmd.push(function() { __ATA.initDynamicSlot({…
- How the Chainlink Network Goes Beyond Data DeliveryChainlink - 1 week agoExplore how the Chainlink network extends the capabilities of blockchain through off-chain computation and its wide range of decentralized services. __ATA.cmd.push(function() { __ATA.initDynamicSlot({ id: 'atatags-1530763281-607a0f0348f43',…
- Blockchain Hackathon Tips for Building a Winning SubmissionChainlink - 1 week ago6 pro tips to help you build and submit a hackathon project that stands out from the competition and captures the judges’ attention. __ATA.cmd.push(function() {…