The Graph (GRT) introduces the GRC-20 standard for Web3 data structure

The Graph (GRT) has just introduced the GRC-20 standard, a new data standard for Web3, aimed at improving how information is structured, shared, and connected between decentralized applications. According to an article on The Graph's website, GRC-20 will replace the current RDF framework as it is insufficiently effective for the requirements of Web3. This new standard not only defines concepts of "Space" to group information, “Entity” and “Relation” to represent data, but also allows developers to create types of information structures that meet the needs of each application.

The GRC-20 proposal also develops from the concept of knowledge graphs, emphasizing the importance of linking and labeling information to enhance understanding. The Graph is expected to release tools to support the application of this standard in the coming weeks, and the proposal is currently open for feedback from the community. The GRC-20 standard is expected to play an important role in promoting the development of Web3, creating a common language for knowledge.