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What is ChainLink?

ChainLink (LINK) is described as a decentralised oracle service, claiming to be the first platform of its kind. LINK wants to make it possible for blockchain-based smart contracts to connect to all external systems.

ChainLink aims to utilise oracles as agents that find and verify real-world data to then be integrated into smart contracts. Through the interaction of smart contracts with key off-chain data and popular payment methods, LINK believe this is an integral part of blockchain’s development. Any data, payments, e-signature, or other API provider, as well as individual developers, can easily join the network by connecting an API they're familiar with.

ChainLink is a blockchain middleware that appeals to a large growing industry. Through the ability to let smart contracts access key off-chain resources, ChainLink could play a large part in the mainstream adoption of blockchain technology.

How do I buy ChainLink?

1.
Enter the amount of ChainLink (or Australian Dollar equivalent) that you would like to buy.
2.
Select the payment method you would like to use.
3.
Click ‘Buy Now’ to confirm your ChainLink purchase and your ChainLink will arrive in your CoinSpot wallet within minutes.
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