were researched and analyzed thoroughly by analysts and media alike. Research has helped specifically to paint a picture that outlined where the contagion started and how it spread. This was only possible becauseof that data was on-chain. If 3AC and Celsius had a full picture of their holdings on-chain — similar to a platform such as Aave which anyone can audit and verify collateralization — fewer investors and creditors may have been duped.
plays a role in real-time market movements, not just in analyzing the past. Data that provides users near real-time information about the movements and positions of the industry’s most important and largest players proved to be essential when Terra USD lost its peg. Organizations with insights into this data managed to avoid the worst of the UST de-peg.On-chain analysis offers the promise of equal access to information and is not based on hype, sentiment, or technical analysis.
is the head of product at Nansen, a blockchain-analytics firm. He holds more than 10 years of experience in product management and previously worked for companies in the finance technology space including FIS and Fidelity, and at startups such as Cinch and Monit. John has roots in traditional finance, earning his CFA and FRM designations, but is most passionate about the future of finance where products are more decentralized, transparent, and efficient through blockchain technology.
The opinions expressed are the author’s alone and do not necessarily reflect the views of Cointelegraph. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice.
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