SonarX and AWS weigh in on managing the blockchain data deluge
Quick Take Industry experts from SonarX and AWS shed light on strategies for managing the vast and growing amount of blockchain data the industry faces.
Episode 8 of Season 7 of The Scoop was recorded with The Block's Frank Chaparro and SonarX Founder Patrick Kim, SonarX Global Head of BD Jesse Bornstein, and Senior Web 3 Specialist at AWS, Everton Fraga.
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The Scoop's host, Frank Chaparro, was joined by SonarX Founder Patrick Kim, SonarX Global Head of BD Jesse Bornstein and Senior Web 3 Specialist at AWS, Everton Fraga.
In this episode, Chaparro, Bornstein, Fraga and Kim discussed the challenges of managing and consuming the exponential growth of blockchain data across multiple chains. Patrick, Jesse, and Everton explained how the proliferation of blockchains has led to a big data problem with petabytes of data that is difficult for enterprises to fully use and what solutions there are to these issues.
OUTLINE
00:00 Introduction
03:02 The Challenge of Blockchain Data Management
08:47 Multi-Chain Data Complexity and Solutions
14:13 Standardizing and Simplifying Blockchain Data
19:57 Institutional Challenges
23:13 Stablecoins, RWAs, and Data Demands
28:25 Public Blockchain Data and Practical Use Cases
32:23 Supporting Multiple Blockchains
35:11 AI's Role in Blockchain Data Integration
38:16 Advice for Developers and Businesses
43:23 Conclusion
GUEST LINKS
Jesse Bornstein - https://www.linkedin.com/in/jesse-bornstein-10a774a/
Everton Fraga - https://www.linkedin.com/in/evertonfraga/
Patrick Kim - https://www.linkedin.com/in/patrickkim/
SonarX - https://www.sonarx.com/
SonarX on X - https://x.com/SonarX_HQ
AWS - https://aws.amazon.com/
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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