Chainlink is a decentralized oracle network.

Blockchains cannot access real-world data by themselves.

Chainlink solves this problem by securely bringing off-chain data (real world) on-chain.

🌍 What kind of data does Chainlink provide?

💲 Crypto prices (BTC, ETH, stocks, forex)

🏦 Interest rates

🌦 Weather data

⚽ Sports results

🧾 Proof of reserves

🏠 Real World Assets (RWA)

⛓ Cross-chain communication

Without Chainlink, DeFi cannot function safely.

🧠 Why Chainlink is extremely important

Most major crypto systems depend on it:

Aave

Compound

Lido

Synthetix

GMX

Uniswap

Swift (banking)

DTCC (traditional finance)

👉 Over $20+ trillion in transaction value secured.