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Message: [QUOTE="uconntoatl, post: 4042822, member: 6672"] So true. For chainlink, simply put, is the industry standard solution to getting real-world data onto the blockchain. Currently and as originally designed, blockchains do not interact with anything that is not on the blockchain, aka real-world data. However, chainlink, has developed ways to do this via their decentralized oracle networks. You can get real-world data onto the blockchain with hybrid smart contracts. This can pertain to insurance contracts (weather data), sports betting (outcomes of events), banking transactions (see SWIFT x Chainlink collaboration) employment contracts...essentially anything that is a contract in the real world can now be deployed onto the blockchain and executed automatically based on real-world outcomes and the inherit code written for each smart contract. Being the bridge of data from the real-world to the blockchain makes chainlink appealing to any company on any side that is looking to interact with the blockchain. Smart contract platforms consist of ethereum, solana, zilliqa, cardano, polkadot. Chainlink's oracles are agnostic and can be incorporated into all of these, as well as their other products (price feeds being deployed to decentralized finance applications). Chainlink also provides VRF (verifiable randomness function) to gaming platforms, so that rewards, placement in games, anything that needs to be randomized, does so in a fair way. Chainlink is also the leading developer in what is being called cross-chain interoperability protocol. This is essentially a tool for developers building on any blockchain to send messages, transfer tokens, and initiate actions across multiple networks (ethereum to zilliqa) vs only being able to operate on one blockchain. Also, an inherit problem of blockchain is transaction cost. If i send you a token from my wallet to your wallet, there is a fee that is paid to a miner to confirm and execute the contract. However, for companies doing thousands of transactions per day, Chainlink also allows any company using chainlink oracles/nodes using chainlink's price feeds for their product (as well as chainlink nodes that also indure cost), to compute many of these transactions off-chain with no cost., reducing fees/operating cost on the blockchain significantly. The list goes on and on, but the big ticket is that you will be able to stack chainlink to the network that will be used as collateral to execute smart contracts. [/QUOTE]

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