Web3 and The Graph. Data and Applications
Web3 is the new, human-driven, decentralized internet that will replace the way software is built and deployed on a global scale.
And The Graph is a protocol for organizing blockchain data and providing easy access to it.
Every day more and more new decentralized projects appear within the Web3 ecosystem. The most popular applications right now are DeFi — decentralized finance. It is obvious that in the near future DEX-decentralized exchanges will gain popularity, and the resounding success of Dex “Uniswap” confirms these trends.
Increasingly, IPFS is a peer-to-peer network for storing and exchanging data, which already brings many projects together. The Graph also supports IPFS when working with data. More recently, the Filecoin project from Protocol Labs, the creators of IPFS, was released, which is supposed to provide decentralized data storage. In this regard, we can assume that the web3 ecosystem is approaching a key moment when more and more developers and users will start coming to web3.
First of all, it is worth waiting for the emergence of a larger number of all kinds of fin.tech projects — Dex (Uniswap), oracles (Link), you can also expect the emergence and development of projects like Filecoin for decentralized storage and processing of data. It will also be interesting to look at projects related to the digital identity of people, documents and assets.
The world is changing before our eyes and Web3 is already here! The Graph is rapidly gaining momentum, thousands of applications use it and this is just the beginning!
Join the project https://thegraph.com/.