The Graph Launches Enterprise Database Amp at SmartCon

Edge&Node launched Amp, a blockchain-native database, at Chainlink SmartCon on November 7, optimizing enterprise-scale on-chain data for real-time use, signaling a shift toward institutional adoption.

This launch highlights a growing institutional demand for scalable blockchain solutions, potentially transforming compliance and data management practices in traditional finance sectors.

Amp Database Enhances Enterprise Blockchain Capabilities

Edge&Node has introduced Amp, a blockchain-native database aiming to enhance enterprise-scale data solutions. Amp is designed to transform raw on-chain data into verifiable datasets, offering composable, auditable, and compliant data streams. This development highlights a significant partnership with DTCC, the world’s leading securities transaction processor. The collaboration signifies a shift towards adopting scalable blockchain data solutions by traditional institutions. Amp is built to deliver unified APIs for complex data workloads, marking a critical step in bridging blockchain with enterprise data needs.

Immediate implications of Amp’s launch suggest increased enterprise adoption for blockchain datasets. The platform aims to support more reliable and production-grade blockchain data access, aligning with institutional compliance standards like SOC 2. This could attract further interest from financial entities requiring real-time, trustworthy data solutions.

Market reactions remain cautiously optimistic. While there have been no direct statements from DTCC executives, the collaboration is viewed positively in financial circles. Social media discussions underscore the database’s performance upgrades, particularly in data freshness and speed. Community sentiment on platforms like Twitter and Reddit emphasizes Amp’s potential for transforming blockchain data usage in enterprise sectors.

Ethereum Price Context Amid Blockchain Developments

Did you know? The Graph’s Substreams API and Token API marked previous data access upgrades, but none at this institutional scale. Amp’s real-time blockchain data facilitation mirrors trends seen in Chainlink’s institutional outreach.

Ethereum (ETH) currently trades at $3,232.87, as reported by CoinMarketCap. Its market cap stands at 390.20 billion. Over the past 24 hours, Ethereum experienced a 3.94% price drop, with a 13.46% increase in trading volume. These movements reflect a broader market decline, observed over the last 30 to 90 days.

The Coincu research team notes that Amp’s capabilities may attract regulatory attention, especially in facilitating verifiable, compliant data for financial audits. Technological innovations like this could prompt banks and institutions to explore blockchain’s potential further, reinforcing the need for standardized regulations.