DIA Insights
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DIA Insights

The data week in review #18

Had a tough time keeping up with the news over the weekend? No worries, we’re here to make the past week of open-source, financial data and blockchain a bit more digestible.

Finance

by Politico [LINK]

  • Financial technology companies argue that giving banks a tight grip over the flow of information will allow the big lenders to snuff out new competitors
  • “Data is the new oil,” said Linda Jeng, a senior fellow at the Georgetown Institute of International Economic Law and a former Federal Reserve official. “If you have access to data, then you have the ingredients to build better services.”

by ITProPortal [LINK]

  • The sensitive nature of the data used in deep learning projects — including financial data — requires organisations to go to great lengths to keep information private and secure
  • In this approach, the data aren’t moved at all. Contrary to previous techniques, compute actually “moves to the data.”

Blockchain

by Crypto Briefing [LINK]

  • The challenge requires contestants to “create an EOSIO smart contract that stores and invokes EVM (Solidity) Smart Contracts in a virtual Ethereum-like environment
  • If EOS manages to attract DApp developers away from other blockchains, the accomplishment would help it close in on Ethereum’s app count

by Crypto.IQ [LINK]

  • Users will now be able to cross RSK assets and Ethereum (ETH) based assets
  • This interoperability bridge between Bitcoin and Ethereum has the potential to expand the capabilities of dApps, and the coins economies more connected

Open-source

by TechCrunch [LINK]

  • Behind the facade of open source’s popularity lies another kind of truth: Companies may be interested in using more open-source technology, but not all of them have the time, money and expertise to adopt it
  • Aiven provides managed, cloud-based services designed to make it easier for businesses to build services on top of open-source projects

About DIA

DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data.

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DIA Core Team

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. https://go.diadata.org/