Cuneus Data Lab to Onboard LSEG Refinitiv Analytical Data to its TDU Blockchain Network
MONTREAL, March 17, 2022 (GLOBE NEWSWIRE) — Cuneus Data Lab (“Cuneus”) announced today an agreement with LSEG’s Refinitiv to start appending Refinitiv data to Cuneus’ layer-1 TDU blockchain network, which was introduced in November 2021.
Cuneus dApps standardize Refinitiv’s data on its TDU network into an SDL (super data ledger) consisting of TDUs (tradable data units) and SDUs (structural data units), for analytical financial data. Analytical data units appended on SDLs are cryptographically hashed, follow a rule-based system, are strictly ordered and immutable.
The TDU blockchain is powered by its native cryptocurrency which acts as a utility stablecoin for the network: A work token for data contributors to build and tokenize their SDLs, and a usage token for data consumers to interact with the SDLs.
SDLs connect to two scalable layers on the TDU network: One for the indexing and commoditization of data units and another for the tokenization of SDLs as a standalone digital asset.
Any media inquiries should be directed to info@cuneus.ca
About Cuneus:
Cuneus Data Lab is a FinTech lab, providing data protocols for the discovery, standardization, and trading of analytical data. Cuneus is creating a new set of digital assets via the introduction of the TDU-Network and is paving a shift in the analytical data market from data as a service to data as a commodity.
More Stories
Syniverse to Present Universal Commerce Roaming Solution at ROCCO’s Genesis
Clearing and settlement platform recognized for innovation; Syniverse's Mario Muth will also be honoredTAMPA, Fla.--(BUSINESS WIRE)--Syniverse, the world's most connected...
ISG to Publish Reports on Supply Chain Services
ISG Provider Lens™ study will evaluate service providers that help enterprises achieve supply chain innovation, sustainability and competitive advantageSTAMFORD, Conn.--(BUSINESS...
Patelco Credit Union Joins Metal Blockchain’s Banking Innovation Program
Exploring Blockchain Use Cases for Enhanced Financial ServicesSan Francisco, CA, May 16, 2024 (GLOBE NEWSWIRE) -- Metallicus, the core developer...
Investing in Crypto 2024: Solana Outpaces Ethereum in TEV, Furrever Token’s 15X ROI Potential Steals the Spotlight
New York, NY, May 16, 2024 (GLOBE NEWSWIRE) -- As we look ahead to investing in crypto in 2024, the...
Retik Finance (RETIK) Schedules Launch for 21st May, Closed Presale With $32,050,000 Raised
Kingstown, Saint Vincent and The Grenadines, May 16, 2024 (GLOBE NEWSWIRE) -- Retik Finance (RETIK) emerged as a pioneering force,...
ValueZone Continues to Lead with Reliable and Diverse Cryptocurrency Trading Options
London, England, May 16, 2024 (GLOBE NEWSWIRE) -- ValueZone, a trusted name in the cryptocurrency trading industry, today reaffirmed its commitment...