Why Chainlink is Vital for the Future of Smart Contracts in Blockchain Introduction to Smart Contracts A smart contract is a self-executing smart contract whose terms are written directly in the codes. It automatically enforces and executes agreements without necessarily having a middleman. Thus, it has become part of the blockchain ecosystem, highly important in DeFi as well as dApps; however, the smart contract needs real-world data to act accordingly. That is where Chainlink steps up as a reliable link between on-chain smart contracts and off-chain data sources. Role of Chainlink as an Oracle Network Chainlink is the oracle network…
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