Chainlink is the largest provider of decentralized oracles in the crypto industry. The technology is particularly in demand in the field of decentralized finance. Oracles are also used by large companies that are not related to the blockchain. LINK is a native Chainlink token. It is used mainly to pay for the work of node operators, on the basis of which oracles work.

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Chainlink

Alongside Crypto Market Index

.@alongsidefi—an index token tracking the top 25 digital assets in #Web3—is using #Chainlink Proof of Reserve (PoR) to increase the transparency of its reserve assets. 

Explore how PoR provides unparalleled transparency for #DeFi users ⬇️
https://t.co/ZcpxCr0Q6y https://t.co/4hGbhahcd8