Oracles and the Expansion of Blockchain Utility
Sergey Nazarov, co-founder of Chainlink, joins Ash Bennington, Real Vision senior editor, to discuss smart contracts, Chainlink, the oracle problem, and the future of crypto. Nazarov explains what smart contracts are, why they are important, and how Chainlink can expand functionality of smart contracts. He touches on the challenges of providing secure data and how Chainlink handles these problems. Nazarov and Bennington cover the wide array of international applications that can be enabled by oracles, which was previously not possible. Nazarov then walks viewers through the current state of crypto and various potential future scenarios, describing both fast case and slow adoption scenarios. Filmed on October 6, 2020.