Dubai-based Flare integrates Subsquid to enhance blockchain data access
Dubai-based blockchain platform Flare has announced its integration with Subsquid, a blockchain indexing solution network. The integration aims to improve access and usability of blockchain data for Web3 developers.
Benefits of the integration
The Flare and Subsquid integration offers several benefits:
- Developers can easily access historical and real-time data from the Flare network without requiring an archive node or centralized service provider.
- Customization of data pipelines and APIs is possible using Subsquid’s ETL query stack, which can also make external API calls to Flare’s APIs.
- Enhanced security, reliability, and scalability of data access and storage through Subsquid’s distributed data lake and Flare’s decentralized network.
- Promotion of innovation and collaboration in the blockchain ecosystem by supporting various DApps and use cases that leverage Flare’s smart contracts and interoperability features.
Improved user experience and market efficiency
The integration between Flare and Subsquid is expected to enhance the user experience, market efficiency, and network performance of both platforms as well as the broader crypto community.
About Flare and Subsquid
Flare is a blockchain platform that enables smart contracts and interoperability with networks like Ethereum and XRP Ledger. It aims to create a data-centric network that facilitates decentralized data acquisition and processing for various DApps and use cases. Flare uses Spark (FLR) as its native token for governance, security, and utility.
Subsquid is a blockchain indexing solution that provides an open-source software development kit, a decentralized data lake, and a hosted service for data retrieval. It empowers Web3 developers by offering easy and fast access to historical and real-time data from blockchains. Subsquid also allows developers to customize their data pipelines and APIs using its ETL query stack, which can make external API calls to other platforms.
Hot Take: Flare and Subsquid Integration Strengthens Blockchain Data Accessibility
The integration between Flare and Subsquid marks a significant step forward in improving blockchain data accessibility for Web3 developers. By enabling easy access to historical and real-time data without relying on centralized services, this integration empowers developers to build innovative decentralized applications. The customization options provided by Subsquid’s ETL query stack further enhance the flexibility of data pipelines and APIs. Additionally, the enhanced security, reliability, and scalability offered by Subsquid’s distributed data lake and Flare’s decentralized network contribute to a more robust blockchain ecosystem. This integration is expected to drive improved user experience, market efficiency, and network performance, benefiting both platforms and the broader crypto community as a whole.
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