Stellar (XLM) Introduces Composable Data Platform for Enhanced Data Access


Alvin
Lang


Aug
17,
2024
07:13

Stellar
(XLM)
unveils
its
Composable
Data
Platform,
aiming
to
revolutionize
data
access
and
distribution
across
its
blockchain
network.

Stellar (XLM) Introduces Composable Data Platform for Enhanced Data Access

Stellar
(XLM)
has
announced
the
launch
of
its
Composable
Data
Platform,
a
next-generation
data-access
solution
designed
to
address
current
limitations
and
enhance
data
distribution
across
its
blockchain
network,
according
to

Stellar
.

The
State
of
the
World

Currently,
the
Stellar
Development
Foundation
(SDF)
operates
two
primary
products
for
data
mediation
from
the
Stellar
blockchain:
Horizon
and
Hubble.
Horizon
is
an
API
that
interacts
with
the
network,
while
Hubble
is
a
comprehensive
analytics
dataset.
Although
these
products
support
small-scale
development
and
experimentation,
their
monolithic
nature
presents
several
challenges.

One
significant
issue
is
the
limited
flexibility,
which
forces
providers
to
either
adopt
SDF’s
chosen
data
model
or
develop
their
own
independent
integration.
This
process
is
time-consuming
and
requires
specialized
domain
knowledge.
Additionally,
the
logical
centralization
of
these
products
makes
them
difficult
to
run
independently,
leading
to
a
community
dependency
on
SDF-hosted
versions.

Challenges
and
Solutions

To
foster
a
decentralized
network,
it
is
crucial
to
distribute
data
storage
and
access
across
a
broad
range
of
ecosystem
participants.
The
recent
launch
of
Soroban
and
changes
in
SDF
Horizon’s
data
retention
policies
have
spurred
interest
in
providing
network
data
as
a
service.
However,
the
current
infrastructure
makes
it
challenging
for
providers
to
quickly
integrate
and
serve
Stellar
data.

The
Composable
Data
Platform
aims
to
resolve
these
issues
by
offering
a
more
flexible
and
decentralized
approach.
This
new
platform
will
allow
various
participants,
including
analytics
providers,
infrastructure
providers,
and
indexers,
to
easily
access
and
distribute
network
data
without
the
need
for
extensive
customization
or
independent
development.

Future
Prospects

The
introduction
of
the
Composable
Data
Platform
marks
a
significant
step
towards
a
more
decentralized
and
efficient
data
ecosystem
on
Stellar.
By
enabling
easier
data
access
and
distribution,
Stellar
aims
to
support
a
broader
range
of
applications
and
use-cases,
ultimately
driving
innovation
and
growth
within
its
network.

For
more
detailed
insights
into
the
architecture,
goals,
and
capabilities
of
the
Composable
Data
Platform,
follow
the
series
of
articles
published
by
Stellar.

Image
source:
Shutterstock

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