"The LINK Network is the first decentralized oracle network; allowing anyone to securely provide smart contracts with access to key external data, off-chain payments, and any other API capabilities. Anyone who has a data feed, useful off-chain services such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens."
From what I'm getting, it's a way to connect the financial world to Ethereum using smart contracts. Use cases like banks, payment services, stock market data, etc. Seems like they have some heavy hitters as partners too like Swift and Gartner. However, I don't see it mentioned in many places and information is scarce much which is odd considering the concept could make them huge? Very little information on the ICO and they don't have a whitepaper either citing "We're currently writing our whitepaper together with top academics in our field. Because we're writing a foundational technical document together with leading academics in our field, the review process takes longer than other forms of documentation. We do plan to have the whitepaper out before the start of the public crowdsale.
Definitely an interesting idea but I'm a little unsure based on no whitepaper and the fact that they have a 10 day pre-sale with 100 ETH min buyin. So I'm curious as to what you guys think about it. Thanks.
http://smartcontract.com/link
