Chainlink is a decentralized oracle network that aims to connect smart contracts with real-world data. It acts as a bridge between smart contracts on the blockchain and the necessary data for their execution, which often exists outside of the blockchain. Chainlink enables smart contracts to interact with external APIs, data feeds, payment systems, and more, thereby providing them with the necessary information to execute reliably and accurately. By leveraging a network of decentralized nodes, Chainlink ensures the security, reliability, and integrity of the data, making it a trusted solution for many blockchain projects.
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