The data week in review #11

What happened in the 2nd week of December around open-source, financial data and blockchain? Find out in our media digest!

Data

Binance BTC Flash Crash | Why DIA is needed more than ever

by DIA Data [LINK]

• A BTC pair on Binance crashed to 700$
• Crowd-sourced financial data can mitigate crashes

Financial data as the currency of the modern economy

by tearsheet [LINK]

• Financial data will influence the future heavily
• Lots of potential still has to be realised: “Bank statements are still full of mismatched categories and alphanumeric strings that aren’t designed to help customers make financial decisions”

Open-source

Doubts Surface in Open Source Survey

by EnterpriseAI [LINK]

• lack of corporate funding and other support threatens to slow the growth of open source development
• Developers are concerned because they question the intentions of big tech companies

Blockchain

HSBC’s plan to move $20B in assets to blockchain could be a watershed moment

by Computerworld [LINK]

• transaction records of private investments are digitizes on a DLT on enable world-wide, real-time access
• “Presumably, millions of potential investors and users will be on-ramped to blockchain interfaces and they likely won’t even be aware of the backend technology”

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