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

Solving the oracle problem led to a plethora of new #blockchain-enabled verticals and use cases, including #DeFi. 

Explore what the oracle problem is, how #Chainlink solved it, and why connectivity is so powerful: https://t.co/YTL4lDAB9e https://t.co/v58GCiEvUv