Decentralization index from Cardano builder, U of Edinburgh will help users understand assets
In an industry first, Input Output Global and the University of Scotland will provide continuous monitoring of digital assets using a methodology yet to be determine.
New
The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service is the first of its kind and will use a “research-based” methodology developed at the university.
The Edinburgh Decentralization Index (EDI) has been in development for several months and was introduced in Edinburgh on November 18, but is not yet operational, according to IOG:
“The first step for the tracker is the creation of research papers detailing decentralization measures and a thoughtful methodology for compiling them into an index, created by researchers at the University of Edinburgh. same way as other industry indices.”
Once launched, the IDE will provide live asset tracking “backed by a calculated and continually revised methodology.”
Related: Blockchain companies are funding university research hubs to advance growth
There is currently no standard for decentralizing digital resources. “What we currently lack are universally accepted industry standards that define how decentralized projects are. The IDE will allow us to ensure that users have complete transparency into what they are participating in,” said IOG CEO Charles Hoskinson in the blog post. Hoskinson was alluding to the fact that users c...
In an industry first, Input Output Global and the University of Scotland will provide continuous monitoring of digital assets using a methodology yet to be determine.
New
The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service is the first of its kind and will use a “research-based” methodology developed at the university.
The Edinburgh Decentralization Index (EDI) has been in development for several months and was introduced in Edinburgh on November 18, but is not yet operational, according to IOG:
“The first step for the tracker is the creation of research papers detailing decentralization measures and a thoughtful methodology for compiling them into an index, created by researchers at the University of Edinburgh. same way as other industry indices.”
Once launched, the IDE will provide live asset tracking “backed by a calculated and continually revised methodology.”
Related: Blockchain companies are funding university research hubs to advance growth
There is currently no standard for decentralizing digital resources. “What we currently lack are universally accepted industry standards that define how decentralized projects are. The IDE will allow us to ensure that users have complete transparency into what they are participating in,” said IOG CEO Charles Hoskinson in the blog post. Hoskinson was alluding to the fact that users c...
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