What Is a Blockchain Oracle?

Chainlink's oracles securely bring high-quality, real-world data and computation to blockchains, enabling hybrid smart contract applications that have the power to reinvent global industries and create a world backed by definitive truth.
Watch Sergey Nazarov's SmartCon keynote to learn more about hybrid smart contracts: • Sergey Nazarov SmartCo...
Read our beginner's guide for more information on Chainlink: blog.chain.lin...
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink:
Website: chain.link
Docs: docs.chain.link
Twitter: / chainlink
Discord: discordapp.com...
Newsletter: chn.lk/newsletter
Telegram: t.me/chainlink...
Talk to an expert: chn.lk/contact

[@mikki7522]

Basically if I understand this correctly for devs, it provides a way to fetch data from outside the blockchain ecosystem that can be used in your smart contracts.

[@RushilJain-si2hx]

I think so yes. In a highly safe manner as to not comprise the blockchain

[@itzmai174]

now i get it. thank you

[@kameronoleary520]

You love to see it

[@FutureCoin2024]

I never understood decentralized exchanges until now.

[@Henry-mg1ro]

🇳🇬🇳🇬💪