Chainlink
Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure offchain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Chainlink Products
- Data Streams: Provides high-frequency market data and enables automated trades.
- VRF (Verifiable Random Function): Ensures secure and tamper-proof random numbers for smart contracts.
- Automation: Decentralized network automating smart contracts, ensuring safety and efficiency.
- CCIP (Cross-Chain Interoperability Protocol): Facilitates secure cross-chain data and token transfers.
- Functions: Grants smart contracts access to a trust-minimized compute infrastructure.
- Data Feeds: Connects smart contracts with real-world data like asset prices, NFT floor prices, and more, enhancing decentralized applications' functionality and reliability.
Check out the data feeds here and filter by Linea Mainnet!
Use Cases
Popular use cases with Chainlink have been implemented in the following areas:
- Financial Services
- DeFi
- Gaming
- NFT Collectibles
- Climate Markets
- Enterprise
- Insurance
To learn more details about the use cases of Chainlink check out their case studies here.