chainlink

Chainlink is a decentralized oracle network that permits smart contracts on numerous blockchains to securely interact with real-world data. The platform is designed to ease the flow of tamper-proof data from off-chain sources to on-chain smart contracts.

Company Details

• Founders: Sergey Nazarov, Steve Ellis
• Founded:  2014
• Headquarters: Grand Cayman, Midland, Cayman Islands

Key Features:

• The native cryptocurrency of Chainlink is LINK, which is used to pay the node operators to retrieve data and perform off-chain operations.
• It provides precise price predictions for the assets.
• 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.