Company
Date Published
Author
Chainlink
Word count
91
Language
Chinese
Hacker News points
None

Summary

The evolution of blockchain technology is shifting from cryptocurrencies to smart contracts, paralleling the internet's development from email to the World Wide Web. Smart contracts, due to their efficiency and reduced counterparty risk, are anticipated to become the mainstream digital protocol. They have shown immense potential in various markets, such as NFTs and the metaverse, with significant investments projected in blockchain by 2027. In this context, companies are urged to explore opportunities within the emerging smart contract economy. Chainlink is highlighted as a pivotal provider of secure blockchain middleware, enabling seamless interaction with smart contracts across any blockchain, thereby empowering enterprises to innovate and expand their revenue streams. Chainlink's decentralized oracle networks (DONs) solve the "oracle problem" by facilitating the integration of off-chain data and resources into blockchain systems, creating hybrid smart contracts that ensure enhanced security, accuracy, and reliability. Through its robust framework, Chainlink supports varied use cases like decentralized finance, insurance, and cross-chain applications, allowing businesses to capitalize on the smart contract economy by offering data and API services, running backend infrastructure, and developing user interfaces for smart contract applications.