Chainlink (LINK) Chainlink is a decentralized oracle network | Crypto Great | Bitcoin | DeFi

Chainlink (LINK)

Chainlink is a decentralized oracle network pulling real-world data into blockchains. This lets smart contracts link to everyday activities like weather, sporting events. and more.

Most recently, Chainlink co-founder Sergey Nazarov co-authored a white paper published by the World Economic Forum. The World Economic Forum is an organization that pulls the levers of the most influential policy makers in the world.

The paper is called Bridging the Governance Gap. It discusses decentralized oracles assolutions for bridging the gaps that exist with world data sources and legacy systems in regard to blockchain networks.

Chainlink is one of the oracles highlighted in the report. While the report didn’t solely focuson Chainlink, what’s important to consider is Chainlink is sitting alongside one of the largest think tanks in the world to write a narrative highlighting blockchain to global policy makers.
With more and more projects and organizations turning to Chainlink for their decentralized data oracle solutions, they bring ever-increasing growth potential.