Bitquery's New Streaming API is Changing Web3 Infrastructure Space
While web3 has the potential to revolutionize various industries, it comes with its challenges too.
What’s more, the data has to be cleaned and stored in a structured, standardized format for it to be useful for all applications. Do not forget the thousands of engineering man-hours required to arrive at this stage. This is why it is important to have a system for filtering or locating the data, and here comes into play the ability to query blockchain data. Querying blockchain data means asking specific questions or making specific requests for data that is stored on the blockchain network without having to sift through large amounts of irrelevant information.
Bitquery’s Streaming API is also enabling developers to create decentralized applications that provide financial services on the blockchain, such as lending and borrowing platforms, further expanding financial inclusion. Ultimately, this level of transparency and access to information helps to drive innovation and growth in the blockchain space.
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