Crypto Insights: Truflation and Scannit's Strategic Partnership

Empowering Users with Comprehensive Crypto Data

In a groundbreaking move for the crypto landscape, Truflation, a leader in real-time economic data, has joined forces with Scannit, a pioneer in user-driven data monetization. By integrating Scannit’s user-consented data into Truflation’s platform, this partnership aims to create a more comprehensive data set, significantly benefiting businesses, analysts, and researchers.

Democratizing Financial Information

Truflation seeks to utilize Scannit’s data to further enhance its already robust platform, which currently tracks over 20 million items sourced from more than 80 data providers. With this partnership, vital financial information on the crypto market will be democratized, empowering users to make informed real-time trading decisions. The collaboration aims to create a relationship where users not only benefit from their data but also actively contribute to the global market.

Shared Vision of Transparency

The core of this partnership is the shared vision of empowering users through transparent data handling. Both Truflation and Scannit are devoted to building a system allowing individuals greater control over their data and to be rewarded for their participation. According to Karl Nowak, Scannit’s CEO, this partnership is a journey to redefine how data is collected, shared, and utilized, fostering new opportunities for users.

Significance for the Truf Network

This partnership marks a significant milestone for Truflation's expanding Truf Network, which now boasts over 782 data feeds covering diverse commodities. Consistent development efforts will continue to transform economic data into a valuable, tradeable asset that enhances market transparency.