What is ChainLink?
ChainLink forms an intermediary with blockchain platforms and smart contracts . ChainLink ensures that data that can not be found on the blockchain can be retrieved to conclude smart contracts . The project this through so-called Oracles . Oracles are hardware or software that form the connection between the physical world and the digital blockchain world. Smart contracts are automatically activated based on data from these Oracles .
The CEO of ChainLink ( Sergey Nazarov ) was previously the co-founder and CEO of Secure Asset Exchange and CryptoMail , both companies offering decentralized solutions.