I think one of the things QNT dudes get hung

Question

I think one of the things QNT dudes get hung

up on is the idea of enterprise data that has only one source - which is absolutely true.

But if enterprise has single source data they want to monetize within a hybrid smart contract - how likely is it this contract is ONLY going to involve single source data? Also what about the method of providing it in the manner you want to, to everyone on the other ends of this network/ecosystem.

e.g. a contract may involve many parties whos identities can be verified via multiple streams of data (e.g. digital identity sources, related compliance data so on) and that single source data may also go into a contract pulling in multi-source data from another party for whatever reason, even if its just price feeds for something, but expand your thinking on the potential data types there.

Chainlink is a framework to facilitate every method - enterprise can control how this data is presented / how much is exposed / who can access it (maybe they make it public for a fee, maybe its only private between specific parties). Any configuration you can think of.

Hybrid smart contracts can look like a hub and spoke structure - e.g. a central contract may be off executing sub-contracts across multiple chains with multiple parties and bringing it all back into that central contract for final execution or state updating etc.

#blockchain #cryptocurrency #english #link

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07.01.2022

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Drake · Answer 1

Drake Автор вопроса

Vitalik think's this isn't going to be how crypto looks long term kek

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07.01.2022

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I think one of the things QNT dudes get hung

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