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What is LINK?

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.

FAQ

What is a blockchain oracle?

blockchain oracle is any system that services a smart contract by providing it with data from an off-chain source or connecting it with an off-chain system. Oracles enable connectivity between blockchains and real-world data by interfacing with external APIs and data feeds, allowing them to pull data for or push data from a smart contract.

Why do blockchains need oracles?

Oracles enable smart contracts to interact with off-chain resources. Without oracles, smart contracts can only access data within a blockchain, severely limiting their potential applications. The majority of industry-changing real-world use cases for smart contracts require off-chain data and computation for proper execution and often an integration with existing payment rails to settle a contract. For example, a smart contract may require high-quality weather data from a reputable source like AccuWeather to trigger a transaction. It may also require the ability to pay out escrowed fiat currency through existing financial infrastructure, such as a bank checking account.

What is «real-world data»?

Real-world data, also known as off-chain data or external data, refers to the current global data infrastructure that exists outside of the blockchain that must be brought on-chain via oracles to be used by smart contract applications. Like a computer without the Internet, blockchain-based smart contracts have inherent value on their own, such as creating and swapping tokens. However, they become exponentially more powerful when externally connected to the vast and accelerating data and API economy taking root outside the blockchain ecosystem.

FAQ

What is Oratio imperial exchange?

Within the world of cryptoactive trading we help you in your internal operations by executing deposits or withdrawals of your investment funds, in the same way OIEx works as an operator resource within Success Capital Bank.

What can I do with OI-EX?

You can buy, sell, exchange, know investment plans, and know the real-time price of all cryptocurrencies.

How can I exchange my cryptocurrencies?

You go to the Exchange page, place the amount of coins you want to change, make the deposit, and in less than 5 minutes you will have your assets.

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