1/ We often state how data is the new oil. The problem with that is we are seeing an abundance of data. Hence, data is not valuable on its own. This is where the challenge of an entire industry comes in.
2/ We need to look at this component and figure out how to better amass data while also filtering, sorting and adding utility. This is also what most entities are faced with.
3/ With a world of abundant data, how does Hive stand out? This is something that gets interesting. To me, this lies in the accessibility. Whatever is on the decentralized database is open to anyone.
4/ In a world where data is being locked down, this could be a difference maker. It does mean, however, focusing our attention not only on generating the data, but structuring it in ways that provides utility.
1/ We often state how data is the new oil. The problem with that is we are seeing an abundance of data. Hence, data is not valuable on its own. This is where the challenge of an entire industry comes in.
2/ We need to look at this component and figure out how to better amass data while also filtering, sorting and adding utility. This is also what most entities are faced with.
3/ With a world of abundant data, how does Hive stand out? This is something that gets interesting. To me, this lies in the accessibility. Whatever is on the decentralized database is open to anyone.
4/ In a world where data is being locked down, this could be a difference maker. It does mean, however, focusing our attention not only on generating the data, but structuring it in ways that provides utility.
5/ Here we see where the different layers of Hive enter.
It really is simple: build a multi-billion database and watch the value of Hive follow.
To read full article:
https://inleo.io/@taskmaster4450/more-valuable-database-more-valuable-hive