/biz/ - Business & Finance

>>52730017
>This scaling in the ability to provide oracle networks has allowed us massive scaling in the amount of data. This amount of data is basically what gave rise to DeFi, if these 4000, sorry, 4 billion, big difference, 4 billion and over 200 million data points were not on chain, DeFi would not be anywhere close to where it is today in terms of the value it secures, the markets it involves and that chains that it’s on, so this initial scaling of oracle networks as a web3 services mechanism was initially applied to data and that allowed data to scale as a resource and the scaling of data as a resource allowed DeFi to scale as an application, right, this is the pattern that we want to repeat and scale. This is what we want to do. We want to scale this up for DeFi, well past 4 billion data points, well past $200 billion secured, well passed all these big numbers that we’ve had and, you know, put some more zeros on there and then we want to repeat this same dynamic for all other industries, the gaming industry, the insurance industry, the advertising industry, the global trade industry. If you think of an industry and people don’t trust each other in there and there’s a digital dynamic where people are using the internet then you can assume that 90% of that industry can eventually be in one of these graphics.