MONTRÉAL, Nov. 18, 2021 (GLOBE NEWSWIRE) — Cuneus Information Lab (“Cuneus”), a Montréal-based know-how lab, introduced at this time the introduction of its TDU-Community for Tradable Information Models (TDUs), working as a layer-1 blockchain. Information on the community are standardized and priced into Tremendous Information Ledgers (SDLs). SDLs are composed of three forms of analytical and tradable knowledge models, whereas every SDL is tokenized to mirror its underlying market worth.
The TDU blockchain is powered by its native cryptocurrency which acts as a utility token for the community: A piece token for knowledge contributors to construct and tokenize their SDLs, and a utilization token for knowledge customers to work together with the SDLs.
Information contributors on the community are sell-side analysis desks, analytical knowledge suppliers and quantitative analysis companies. Information customers on the community embody buy-side shoppers, household places of work, and boutique funding companies. The TDU-network will begin onboarding all through Q1 and Q2 of 2022.
With the suitable to work on the community, knowledge contributors standardize and value their analytical knowledge belongings, whereas knowledge customers can monitor, commerce, and put money into these belongings.
The community’s medium-term goal it to yield US$ 2.2 Trillions in SDL token transactions from 30 SDLs. A median SDL knowledge transaction is focused at US$ 10,500, whereas the common SDL knowledge pockets spending per 12 months is anticipated to be US$ 240,000.
Cuneus Information Lab is a FinTech lab, offering knowledge protocols for the invention, standardization, and buying and selling of analytical knowledge. Cuneus is creating a brand new set of digital belongings by way of the introduction of the TDU-Community and is paving a shift within the analytical knowledge market from knowledge as a service to knowledge as a commodity.