June 2, 2021
News Flashes
Whatever you think about NFTs, the increase in load on the Ethereum network has created another scalability crisis. Ethereum transaction fees are going through the roof, and delays on the network are increasing. If Ethereum is going to compete successfully against up-and-coming alternative chains such as Hedera Hashgraph, something has to be done to improve the throughput of the network. Luckily, we are on the verge of several big paradigm shifts in Ethereum with ETH 2.0, which may pave the way for greater throughput.
Core Scientific, a provider of customizable infrastructure and software solutions for AI and blockchain, has expanded its facility in Dalton, GA.
Digital Asset, the creators of the Daml multi-party application platform, announced it has raised over $120 million in Series D funding, allowing the company to expand its team and enhance its product portfolio with a new interoperability protocol that enables data to seamlessly interact across blockchains and traditional databases.
The one-size-fits-all RDBMS has given way to an explosion of diverse data management technologies. In a session titled "Next-Generation Databases" at Data Summit Connect 2021, Guy Harrison looked at the history of data management from the mainframe through Hadoop to blockchain and considered the utility of new database technologies for leveraging data assets, and speculated on how these will evolve to meet tomorrow's data needs.
Microsoft has announced it is retiring Azure Blockchain as of September 10, 2021. The company asked that customers migrate their ledger data from Azure Blockchain Service to an alternative offering based on their development status in production or evaluation and gave advice on how to make a selection of an alternative.
Think About It
The events of early 2020 resulted in cataclysmic changes that interrupted many companies' data analytics programs. The economic upheaval caused by the global pandemic will have a lasting impact for many companies. For some, strategies like cloud migrations have been accelerated, while others have turned to self-service data analytics to save the day. In the final keynote of Data Summit Connect 2021, John O'Brien, CEO and principal advisor, Radiant Advisors, looked ahead to a post-pandemic future and what it will bring.