Chain Link is a blockchain-based oracle network that enables smart contracts to reliably access outside world data and execute automated transactions based on real-time data.
The main purpose of Chainlink is to enable smart contracts to access reliable and real-time data and trigger automatic transactions using this data. Chainlink acts as a bridge between blockchains and between the blockchain and the real world. In this way, smart contracts can use real-world data ranging from financial markets to weather and execute programmed transactions based on this data. Chainlink also uses various security mechanisms to ensure data security and accuracy and has a decentralized structure, ensuring reliability and transparency.
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