ChainLink Announces v1.0

ChainLink is a community-driven and open source approach to securely connecting smart contracts to external data, bank to bank payments, APIs and many other key off-chain services, marking a key step towards creating useful smart contracts.

When a Fintech, Insurtech, IoT or Web product wants to add smart contracts to their existing application, ChainLink aims to be the easiest path to integrating with the chosen smart contract. If a product is built with a smart contract first approach, as a fully decentralized application, it usually needs external data, off-chain services and additional payment methods to reach its full potential.

 

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