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What is Chainlink (LINK)?

Chainlink is a decentralized oracle network that bridges the gap between blockchain-based smart contracts and external data. It enables smart contracts to access real-world data like off-chain payments and web APIs, enhancing their accuracy and efficiency. LINK, its native cryptocurrency, incentivizes node operators and developers within the ecosystem.

Initially conceptualized in 2017, Chainlink facilitates complex operations and enhances digital transaction trust. It’s also designed for future blockchain adoption across various industries​​. For more details, you can visit the Coinmama website.

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