The GRC-20 standard introduces core concepts like Spaces, Entities, and Relations for flexible data organization

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The GRC-20 standard introduces core concepts like Spaces, Entities, and Relations for flexible data organization

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GRC-20 depends on core concepts of: “Spaces for grouping information, Entities and Relations for representing individual pieces of data, and Types for adding structure to information.”

Through these interconnected Spaces, Entities and Relations, GRC-20 creates a foundation for representing and sharing data across web3

This new standard replaces the Resource Description Framework (RDF), which was previously used for data representation but proved inadequate for Web3 due to various technical reasons

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Summary of the GRC-20 standard announcement

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