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The more the crypto market evolves, the more new and promising projects we meet. One of the young yet up-and-coming crypto projects is Chainlink. The name says for itself — the project is aimed at connecting something. Indeed, Chainlink is meant to bridge blockchain technologies with traditional businesses in real life. Data transfer is a crucial thing for many fields and industries in the real sector. Blockchain technology can make data transfers safe, fast and cheap. Smart contracts are the key to efficient data transfer, which is what the Chainlink crypto project enables.
Chainlink is a bridge between real-sector enterprises and blockchains such as Solana or Ethereum. Chain link crypto is engineered on the Ethereum blockchain. The native LINK coin is used for settlements within the platform and plays a crucial role in smart contract execution.
