Chainlink, Built to Bring Data Digital

Pulling real-world data into a decentralized blockchain is the job of an oracle. Although it sounds like something out of Star Wars, an oracle is a fancy way of saying a data node. In this case, the node is responsible for vetting multiple data streams and generating an accurate data source. So far, Chainlink has a lot of utility in the DeFi space, especially for reporting accurate price data across trading pairs. While built on the Ethereum blockchain, Chainlink is designed to be interoperable with several of the world’s leading blockchains and be chain agnostic.