What Is Off-Chain Computation?

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Chainlink oracles are more than just data delivery mechanisms. Chainlink brings new functionality to blockchains through trust-minimized off-chain computation, enabling automatable on-chain systems with enhanced privacy, scalability, and cost-efficiency.

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

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