The Future of Blockchain Data : Our Investment in Allium | LinkedIn
Large scale ETL (extract, transform, load) processes are a critical part of any data pipeline. They are responsible for moving data from one place to another, transforming it into a usable format, and loading it into a destination system. In the world of blockchain, these processes are even more complex. In web2, the engineering team building a payment processing system will convey to the analytics team the data schema. In web3, any programmer can create transactions & inject meaning into fields. How does a web3 analyst or product manager or consumer make sense of data at scale? As thousands of developers build & trillions of dollars worth of value are stored on blockchains, this problem compounds geometrically. In the early days of web3, this problem was limited to a relatively small set of developers. Today, 56% of Fortune 500 companies are working on on-chain projects. Stablecoins now process more than twice as much transaction value as Visa every month. Bitcoin ETFs counts $63b in
Large scale ETL (extract, transform, load) processes are a critical part of any data pipeline. They are responsible for moving data from one place to another, transforming it into a usable format, and loading it into a destination system. In the world of blockchain, these processes are even more complex. In web2, the engineering team building a payment processing system will convey to the analytics team the data schema. In web3, any programmer can create transactions & inject meaning into fields. How does a web3 analyst or product manager or consumer make sense of data at scale? As thousands o
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