Chainbase and the Hyperdata network
Chainbase is developing the Hyperdata network, a data layer that is:
Structured: Organizes data to be useful and manageable.
Verifiable: Ensures data integrity.
Ready for AI: Prepared to meet the needs of artificial intelligence.
Purpose of Hyperdata Network.
Boosting DataFi and on-chain intelligence: Facilitates the use of data in decentralized finance applications (DataFi) and enhances on-chain intelligence.
For the native AI internet: Designed for an environment where AI and autonomous agents interact.
Impact of Chainbase's Hyperdata network on the development of DataFi.
Chainbase's Hyperdata network has the potential to significantly impact the development of DataFi (data-based decentralized finance) in the following ways:
Impact on DataFi
Improvement in data handling and usage: Hyperdata Network transforms raw blockchain data into structured, composable, and machine-processable data. This facilitates the use of data in DeFi applications.
Facilitates coordination and access to data: Allows autonomous agents, protocols, and individuals to access and coordinate through a shared data layer, improving efficiency and interoperability in DataFi.
Boosts on-chain intelligence: With structured and verifiable data, it enhances analytical capabilities and decision-making in DeFi applications.
Benefits for the DeFi ecosystem.
Greater transparency and security: The verifiability of data ensures integrity, which is crucial in decentralized finance.
Optimization for AI: The Hyperdata network is designed to meet the needs of artificial intelligence, opening possibilities for more advanced applications in DeFi.
