Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : Chainlink (LINK)
LINK Price : $13.05400 +0.82%
Consensus Mechanism : Proof of Reserve
Volume: 649,841,555
Market Cap: 9,096,445,279
Shariah Judgement
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Shariah Status :
Last Screening: Q1 2024
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Overview
Chainlink is a decentralized network connecting smart contracts to external data sources securely. It enables smart contracts to use real-world data, perform off-chain computations, and access verifiable randomness. Chainlink provides services like data feeds, proof of reserve feeds, NFT floor price feeds, and automation solutions. Its decentralized design ensures trust and data integrity by aggregating data from multiple sources and using cryptography for verification. Chainlink operates on Ethereum, Arbitrum, Polygon, and other blockchains, with its native token LINK used for payments and funding requests.
Whitepaper & Documents
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