Chainbase chief operating officer Chris Feng discusses how onchain data is evolving into a new asset class and how AI is reshaping the Web3 ecosystem.
In a recent episode of Cointelegraph’s Hashing It Out podcast, Chris Feng, co-founder and chief operating officer of Chainbase, joins host Elisha Owusu Akyaw to discuss the evolving role of data and artificial intelligence in the blockchain ecosystem. The podcast delved into how these technologies drive new developments within the Web3 space, shedding light on the untapped potential of onchain data as a critical asset for both industries.
Feng explained how onchain data is not just a record of transactions but is becoming a new type of asset class. As Web3 grows, data from blockchains is being leveraged for more than just verifying transactions — it’s also providing valuable insights that fuel innovation.
Feng emphasized the need for robust data infrastructure to support this shift, noting that Chainbase is building an ecosystem where developers can work with high-quality data, driving more precise applications in the Web3 environment.
