Chainlink (LINK) is a cryptocurrency and decentralized network that connects smart contracts with real-world data. Through oracles, Chainlink ensures that external information, such as asset prices, weather data, or financial events, is securely integrated into the blockchain. This expands the capabilities of smart contracts, enabling more complex and useful applications in industries like finance, insurance, and logistics. LINK is the token used to pay for these services within the Chainlink network.
