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Open Data: The Unfulfilled Promise of Blockchain - TradingView

Retrieved on: 2024-03-13 21:56:13

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Open Data: The Unfulfilled Promise of Blockchain - TradingView. View article details on HISWAI: https://www.tradingview.com/news/coindesk:7c3bf35dd094b:0-open-data-the-unfulfilled-promise-of-blockchain/

Summary

The article highlights a disparity between the decentralized, transparent ethos of cryptocurrencies and blockchain technology and the reality of on-chain data being inaccessible to the average person due to it being siloed or behind paywalls. It calls for open data to truly fulfill the vision of blockchains like Bitcoin and Ethereum, as well as emerging concepts such as Web3 and Non-fungible tokens (NFTs), and to avoid centralization and obfuscation of information.

Article found on: www.tradingview.com

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