What Is a Hybrid Smart Contract?

What Is a Hybrid Smart Contract?

Smart contracts are blockchain-based agreements that trigger outcomes according to predefined conditions. Hybrid smart contracts are the next evolution of agreements, using off-chain computation and real-world data to enable more advanced and automatable decentralized applications. Watch Sergey Nazarov's full conversation with Lex Fridman:    • Sergey Nazarov: Chainlink, Smart Contracts...   Read about how Chainlink enables hybrid smart contracts: https://blog.chain.link/hybrid-smart-... 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. Learn more about Chainlink: Website: https://chain.link Docs: https://docs.chain.link Twitter:   / chainlink