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How Ankr is making data available and accessible in Web3 



In the recent EthCC Paris event, Krinza Momin, the lead developer relations at Ankr, a decentralized web3 infrastructure builder, delved into the crucial role of APIs and data accessibility in the web3 space. Her presentation shed light on the challenges faced by developers and the efforts being made to address them.

Krinza emphasized the significance of data in the blockchain ecosystem. As blockchain networks continuously process transactions, data volumes surge, posing a unique challenge in terms of data accessibility. 

Web3’s promise of democratizing data access suggests that data should be easily accessible to developers.

The presenter shared her enthusiasm for the blockchain space, where data is made available for exploration and usage by anyone without the need for permission or centralized authority. 

However, she soon discovered that while the data might be available, its accessibility was not straightforward. “One of the other problems is that we have realized that developers want to interact with more than one blockchain” not just Ethereum.

In the context of web2, data was available to  companies, but access to it was restricted, leading to a shift in the web3 perspective. 

However, obtaining data from blockchain networks came with its own set of challenges. Setting up nodes for data retrieval and synchronization was time-consuming, resource-intensive, and costly.

To bridge this gap, Krinza introduced Ankr’s solution to developers, providing an easier way to connect to multiple blockchain networks through RPC (Remote Procedure Call) endpoints. 

Ankr’s infrastructure, distributed globally across 30 different regions, ensures high throughput for developers across the world.

However, merely obtaining raw data from the blockchain nodes is not sufficient for developers to build efficient applications. 

To address this, Ankr developed powerful APIs that categorize data into three main buckets: NFT Data, Token Data (ERC20, ERC721, etc.), and Querying Data (events, logs, etc.). These APIs empower developers with user-friendly tools to create innovative Web3 applications.

Additionally, Ankr’s APIs are multi-chain compatible, enabling developers to interact with multiple blockchains beyond just Ethereum, facilitating seamless integration and a more comprehensive user experience. 

“We made sure that these entry points are multi-chain so with these APIs you can get excess data from across eight different blockchains right now”.

Krinza concluded her talk by encouraging developers to explore Ankr’s APIs, which support over 30 blockchain networks, and provide valuable feedback to further enhance the developer experience. 

She also extended an invitation to developers participating in hackathons to leverage Ankr’s resources and collaborate on building cutting-edge Web3 applications.

Read also; The State of DeFi, NFTs, Stablecoin, and Gaming in BNB Chain – Q2 Report


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