{"id":114362,"date":"2021-02-25T15:21:53","date_gmt":"2021-02-25T15:21:53","guid":{"rendered":"https:\/\/precoinnews.com\/?p=114362"},"modified":"2021-02-25T15:21:53","modified_gmt":"2021-02-25T15:21:53","slug":"blockchain-startup-bison-trails-launches-polkadot-indexer-for-long-term-defi-adoption","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/blockchain-startup-bison-trails-launches-polkadot-indexer-for-long-term-defi-adoption\/","title":{"rendered":"Blockchain Startup Bison Trails Launches Polkadot Indexer For Long Term DeFi Adoption"},"content":{"rendered":"
Blockchain infrastructure-as-a-service company Bison Trails has announced the launch of Polkadot Indexer to enable access to data on the Polkadot and Kusama blockchains for the long term adoption of DeFi.<\/p>\n
Based in New York City, Bison Trails provides an easy-to-use platform to launch and run highly-available nodes on any blockchain network effortlessly. It offers geographically distributed infrastructure for the pioneers of tomorrow, to secure networks, and enable the entire blockchain ecosystem to flourish.<\/p>\n
While Polkadot has seen major growth over the last few years, there has been no indexing application to enable instant access to the blockchain\u2019s data. By blending Bison\u2019s areas of core expertise, protocol infrastructure and securing blockchain data, Polkadot Indexer is able to save 50-100 requests to the node for the average use case, and
\nallow data aggregators and blockchain analytics firms to gather data around significant events and get a better understanding of underlying causes. It also enables developers who build applications on Polkadot and Kusama to access blockchain data with unprecedented speed, allowing them to build their applications faster.<\/p>\n
\u201cEfficient access to data and insights is the foundation of participation and building successful blockchain applications,\u201d said Joe Lallouz, CEO of Bison Trails. \u201cOur new Polkadot Indexer enables teams to uncover critical data and insights faster than ever, while saving engineering time and resources from having to build and maintain indexing applications in-house.\u201d<\/p>\n
The Polkadot Indexer is yet another step towards mainstream adoption and will allow wallets, exchanges and custodians to offer solutions similar to traditional bank accounts (transaction history, immediately).<\/p>\n
“The Indexer blends two areas of our core expertise: protocol infrastructure and securing blockchain data,” said Bison Trails\u2019 Chief Technology Officer, Aaron Henshaw. “Polkadot\u2019s unique infrastructure makes it capable of processing an exceptionally large number of transactions. With the growing adoption from participants and developers, we saw a critical need for better indexing.\u201d<\/p>\n