What problem does this service solve?

The Graph aims to make it easier to querry blockchain data.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

The Graph Token is the native currency of the The Graph ecosystem. Their goal is to create an indexing protocol for querying decentralized networks, and allow anyone to publish open APIs, called subgraphs, which will make this data more accessible. These subgraphs can be composed into a global graph, and can then be transformed, organized, and shared across applications for anyone to query with just a few keystrokes.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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