Watch this video to better understand why your smart contracts and blockchain platforms can’t make API calls as part of their consensus mechanisms--this is also known as the blockchain oracle problem. Then, understand how Chainlink's decentralized oracle network solves each one of these problems.

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is critical to connecting the blockchain ecosystem to the rest of the world.

Oracles & the Oracle Problem:
More on Oracles: https://blog.chain.link/oracles-the-k...
The Oracle Problem: https://blog.chain.link/what-is-the-b...
Why can’t blockchain smart contracts make API calls: https://ethereum.stackexchange.com/qu...

Learn more about Chainlink :
Documentation: https://docs.chain.link/docs/getting-...
Discord: https://discordapp.com/invite/aSK4zew - Very active and developer focused!
Website https://chain.link
Building DeFi Applications: https://defi.chain.link/
Twitter   / chainlink  
Telegram https://t.me/chainlinkofficial

#Chainlink #blockchain #crypto #web3 #smartcontract