Suggestions for Future Subgraphs. #There’s a Subgraph for That #GRT
First I want to give some credit to the #GRTFAM for supporting this initiative. If you want to find out more about the GraphProtocol check out the website https://www.graphtronauts.com/ or telegram group (t.me/graphtronauts)
Time for one more There’s a Subgraph for that on some of the subgraphs that would be awesome to see created in the future. There are currently thousands of Subgraphs on the GraphProtocol and they cover many great queries of information. In the last 3 articles, I focused on existing subgraphs and how one might use or build off of them. After exploring and running a few searches the following are some of the areas I would love to see created for subgraphs in the future and how they line up with crypto, real-world scenarios, and other use cases for those interested.
One of the first subgraph use cases that could come to mind is one from my current field of supply chain management. Perhaps a logistics data subgraph. With something like this, you could improve shipments of goods, create more efficient routing methods. Track delivery down to the minute. This would bring companies like Amazon, UPS, FedEx, and more into space. Imagine being able to see a full price and delivery comparison in one place without the need to toggle back and forth between multiple websites when buying goods online. Imagine as a company being able to see complete successful delivery history and issues across all your vendors to know who has the most speed in an emergency. Can anyone say getting a mask at the peak of COVID made easy, or knowing where to find the toilet paper during a shortage?
Another one might be a Healthcare Subgraph. For those that track healthcare you know, it is one of the most data-centric industries with the least organized data structure relying mostly on the patient to know and understand all the medical data and constantly repeat and discuss it with multiple specialists to try to guess what’s wrong and how to solve a health problem. The intimate point of failure in today’s health system is the lowest common denominator of the patient. The patient is usually the least versed in health data but expects to be the information point for the doctors and specialists working on them when questions come up due to a lack of records management subgraphs. Now flip this on its head and imaging a records management and health studies subgraph with cross-sectional data pulling. You could not only get to the root cause of the condition you might even be able to determine the most cost-efficient solution solving the health care cost problem the politicians argue about trying to solve with only tackling the insurance and not the care or health aspects of health care.
Another one could be a financial security subgraph. This is already starting to show its need with Visa and Mastercard coming to the crypto game. As many know financial health and security are huge industries but does anyone really understand what plays into a credit score or what really is financial health or how do you make sure you have transaction security and know the risk associated? This could bring the likes of Experian, or Transunion for credit scoring or potentially bank or financial risk management companies to the industry as an asset subgraph to see a client's financial health is easier to provide than having to pull each financial account when reviewing loan worthiness for a client. Perhaps GRT could even work with DIP to form crypto-financial risk-based insurance products for levered assets and risk pools.
There could one day be one for Bitcoin or other cryptos Provence. Think of having all the history of your asset in one place. This could come into play for the Bitcoin vs BloodCoin discussion brought up by Kevin O’ Leary. (https://finance.yahoo.com/news/kevin-o-leary-refuses-bitcoin-123100299.html) Kevin says he won’t buy bloodcoin but how does one really know where their coin was mined and when and what power source etc. Most have no real clue or concern about this but if it is to become a thing the Graph would be essential as it can provide a subquery for all this information to include a history of transactions based on hashes and wallet address transfer and secured KYC and maybe an NFT tied certification stamp to give some kind of quality grade to the coin or asset like for certain minted gold coins.
Some fun ones that are a little less serious might include a gaming subgraph. Imagine wanting to try a new game or find the newest game ahead of other players while with a subgraph backend to a database platform you could have it constantly searching for the next coming release that meets your set parameters. The same could go for videos. Think of Netflix and Gamestop having movies or games you might like with actual movies and games you are interested in vs just some random popular movies that come up in current iterations. Imagine a truly custom experience being able to be built-in. Many would probably actually pay for that vs what is currently presented.
Potentially a recipe and cooking subgraph. Imagine wanting to try a new diet but having no idea what works for foods. Are the labels accurate? Are the ingredients healthy or is it just marketing? So many questions. Keto vs Paleo vs vegan which is better for your body type and eating style. Can it be quick and easy where do I shop? Always sounds easy according to the coach on TV then either winds up seeming bland on food or too hard to understand. Will #GRT can actually solve this if the data is put on the blockchain. Imagine if you well picking 3 parameters diet type, food cost, and time to prepare and getting the perfect versions of your favorite dishes populated into a recipe guide and grocery buying list. Potential business partners include the likes of Thrive market, weight watchers, Wegmans, Kroger, Doordash, and many other food players.
Even an auto-buying comparison subgraph for when everyone gets Lambos. A little bit of Humor but who doesn’t like a good deal. Think Autotrader but digitized and allowing for crypto transactions. You could compare all the car details, determine the best performance mods, figure out financing and insurance comparison, heck even see the latest 0 to 60 times in an all in one dApp comparison with data subgraphs comprising the backend of the system.
One final one I can think of would be a market intelligence subgraph. This is probably the biggest opportunity as market intelligence is a cross-industry need and one of the biggest data analysis sectors out there. Think of how much money companies spend on market research currently and how much query quality matters. This is where the real money and usage rate comes into play for #GRT. The nocoiners may ask why would I pay for a query for a google search? My response is have you ever tried to do a large corporate or government procurement with just using a simple google search to find all your needed info? Highly unlikely. The amount of industry or market data to get a true query is so vast you almost need 10 plus search-related tools. Organizations pay between $10K- $20K just for 1 seat on the right data query tool and some aren't even all that good with providing data quality. Having quality business intelligence data is one of the keys to having a successful company. Will GRT solves this at least for data that is put on-chain, which will eventually come for the majority of data, especially with Web 3 implementation. If you check out the post https://thegraph.com/blog/the-path-to-web3 by Yaniv on the graph website you can start to see how web3 will revolutionize data in the future. If you go to The Graph Website there is a section that quotes “ A global graphQL API Subgraphs can be composed into a global graph of all the world’s public information. This data can be transformed, organized, and shared across applications for anyone to query with just a few keystrokes.” If you think about that in layman's concepts that means press the easy button vs the current world. Many of the existing market intelligence applications have very complex server and structure setups and it is almost the perfect industry begging for a web 3 disruption to as Graph put it “ Say goodbye to custom servers”
These are just some of my ideas. Now some may say will all this really be possible and is this kind of data really going to be on the blockchain. I would say absolutely and I will provide the context in a later piece on the tidal wave of data to come on-chain. Take a look at the recent Visa and Master card initiative or what Tesla is doing with BTC payments for cars or many other early-stage programs. We are so early but this is the future. Also if you haven’t already check out the recent all systems go piece on https://www.graphtronauts.com/. A great educational piece on how crypto has evolved and why this time really is different and the game changers are coming into the crypto space including #GRT.