Nick Yushkevich, a key figure at Quicknode, a provider of blockchain infrastructure services, emphasises the significance of standardising blockchain data formats.

He argues that standardisation is essential for the seamless interoperability between different blockchain protocols, which in turn facilitates wider adoption of blockchain technology.

Yushkevich believes that by standardising the way data is formatted across blockchains, systems can communicate more effectively, unlocking the full potential of blockchain data.

This approach not only streamlines operations within the blockchain ecosystem but also enhances the efficiency and utility of blockchain technologies in various applications.