Chainlink enables smart contracts on any blockchain to leverage extensive off-chain resources, such as tamper-proof price data, verifiable randomness, automation functions, external APIs, and much more.
The Chainlink Network supports a multitude of price and data feeds live in production, securing tens of billions in value for many leading DeFi applications, CeFi companies, and various other financial institutions.
Chainlink Verifiable Random Function (VRF) provides numerous blockchain games with a cryptographically secure and provably fair source of on-chain randomness (RNG), giving users a strong guarantee of application impartiality.
The Chainlink Automation network monitors smart contracts and performs off-chain computations to determine when on-chain functions need to be called, providing a decentralized transaction automation service.
Chainlink’s ability to connect with any API and perform any off-chain computation opens up a wide variety of use cases, such as Arbol using Chainlink for weather data to create weather risk products and Theta Network leveraging Chainlink for viewership data to fight ad fraud for online content.
Chainlink provides enterprises and governments with numerous ways to leverage the benefits of blockchain technology without rearchitecting their current systems.