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wilslaw

Google is secretly making blockchains searchable: This is how

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It’s 80° on a mid-December day in Singapore, and something is baffling Allen day, who is a 41 year old data scientist. With the tools he developed while at Google, he could see a strange concerned usage of artificial intelligence on Ethereum’s blockchain.

 

Looking into its blockchain, Day discovered that funds were moved by some autonomous agents I’m an automated way. Although he is yet to know the person behind the AI, he suspects they might be crypto exchanges' agents trading among themselves so as to inflate the price of Ethereum artificially. 

 

Speaking from the Asia-Pacific headquarters of Google, Day said: “It’s not really just single agents doing things on their own. They’re forming with other agents to have some larger group effect.”

 

In 2018, Day and some open-source developers secretly started loading data for the whole Bitcoin and Ethereum Blockchain’s into BigQuery (the big data analytics Platform of Google). Then with the assistance of Evgeny Medvedev (the lead developer), he created some sophisticated software to search the data.

 

Despite the fact that the project lacked publicity, it was well-known among crypto-minded coders. Last year, over 500 projects were created making use of the new tools, doing everything from predicting Bitcoin’s price to the analysis of wealth disparity among holders of ether.

 

Day hopes that his project, which is referred to as Blockchain ETL (extract, transform, load) will be relevant even in the playing field. Day, with reference to the core validating mechanism of the blockchain tech said: “In the future, moving more economic activity on chain won’t just require a consensus level of trust. It will require having some trust in knowing about who it is you’re actually interacting with.”
 

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