Tag: Real-World Data

One of the most significant advancements in blockchain technology has been the creation and implementation of smart contracts. These self-executing contracts with the terms of the agreement written into lines of code have the potential to revolutionize various industries by automating contractual obligations. However, smart contracts inherently lack the ability to interact with external data sources, limiting their operational scope. This is where Chainlink, a decentralized oracle network, steps in, playing a crucial role in connecting smart contracts to the real world. What is Chainlink? Chainlink is a decentralized network of...