Disclaimer
The main objective of this publication is to present the Covalent solution and the related Covalent project. Under no circumstance, it should be considered as an investment advice.
If you have any question regarding the regulations impact on the Covalent project, feel free to contact Covalent at https://t.me/CovalentHQ
Abstract
The development of the world as it is today is really fast and dynamic. Many things are being discovered and developed today which encourages people to innovate and form something new and revolutionary for various purposes. Cryptocurrency is one of the most revolutionary inventions of this decade, and it has changed how people transact and invest. Bitcoin, which is the first cryptocurrency, successfully introduced Blockchain technology to revolutionize the financial industry, to be more transparent, fast, without third parties, safe, and low maintenance costs. But not only that, blockchain can be applied in various industries, for example medical, cargo, etc.
With the development of the crypto market and the growing public interest in blockchain technology, the more people are wondering what is blockchain technology? and how do I get started using this technology on my platform? what's the impact on my platform? or any other questions. It doesn't have to be complicated and difficult to find out what blockchain is and related data regarding this technology - Introducing the Covalent platform, a pioneer in providing the richest and most robust data infrastructure for the entire blockchain ecosystem.
The Data Powering the DeFi Economy.
Maybe you are wondering what the Covalent platform is about? and what impact does it have on my platform? Basically Covalent is a platform focused on providing a unified API to bring full transparency and visibility to assets across all blockchain networks.
Covalent was created to provide better data related to blockchain to users around the world. The platform is built by an intelligent team of financial analysts, data scientists, blockchain, and databases, with their vision for improving and scaling blockchain technology.
You can use Covalent for several purposes, such as for Wallet; balances API, positions API, activity API, notifications API, or Network analysis; prices API, aggregate API, pivot API. This data can improve your platform or it could be used to make better decisions.
Data, Talent, and Algorithms
The covalent platform is built with 3 parts, namely Data, Talent, and Algorithm. With these 3 parts, we can achieve something more, for example;
Data: Covalent has more data than you expect. This data is combined from on-chain data from the Ethereum blockchain and Bitcoin forks with off-chain data from multiple data sources. This data is the result of the hard work of the team behind Covalent.
Talent: The Covalent team is a smart team of data scientists and financial analysts, experts in their fields who understand very well about blockchain and other related matters. These are some of the smartest people, so you can be confident in their research and methodology.
Algorithms: With algorithms, Covalent can filter data and make it quality data and ready to use. For example, for the decentralized peer-to-peer lending space, Covalent reports on default rates, maturity terms, and return rates for investors.
What’s available today
Covalent wants to be a platform that has ten research reports, a complete report consisting of data, charts, and infographics. Each report includes:
Market needs and who are the traditional players
What decentralization brings
Top player on the blockchain
Market size and sector ranking
SWOT analysis
Webinars and slide decks that summarize reports
Available today
Decentralized Credit and Lending
Decentralized File Storage and Sharing
Decentralized Cloud Computing
Available Nov 30, 2018
Decentralized Social Media
Decentralized Privacy and Identity
Decentralized Digital Currency Exchanges
Decentralized Advertising
Available Dec 30, 2018
Decentralized Sports Betting and Gambling
Decentralized Digital Rights Management
Decentralized Supply Chain Management
In Conclusion
It is predicted that the crypto market will increase significantly in the future. There will be many platforms that implement blockchain on their platform. We have to think about how our platform can survive and the trends that exist in the current crypto market or how the performance of our competitors. All of that can be done with Covalent's "The data powering the DeFi economy" platform that provides the richest and most robust data infrastructure for the entire blockchain ecosystem. With Covalent you can easily get various blockchain data quickly via API, or find out how the performance of your platform, or get various data that can be used to improve the performance of your platform with Covalent Research - Covalent is a solution for data.
Covalent Team
Covalent Backers
Connect
WEB: https://www.covalenthq.com/
TELEGRAM: https://t.me/CovalentHQ
TWITTER: https://twitter.com/covalent_hq
FACEBOOK: https://facebook.com/CovalentHq/
