Cuneus Data Lab Introduces its Layer-1 Blockchain Network

MONTRÉAL, Nov. 18, 2021 (GLOBE NEWSWIRE) — Cuneus Information Lab (“Cuneus”), a Montréal-based expertise lab, introduced right this moment the introduction of its TDU-Community for Tradable Information Items (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 varieties 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 corporations. Information customers on the community embrace buy-side purchasers, household places of work, and boutique funding corporations. The TDU-network will begin onboarding all through Q1 and Q2 of 2022.

With the proper to work on the community, knowledge contributors standardize and value their analytical knowledge property, whereas knowledge customers can observe, commerce, and put money into these property.

The community’s medium-term goal it to yield US$ 2.2 Trillions in SDL token transactions from 30 SDLs. A mean SDL knowledge transaction is focused at US$ 10,500, whereas the typical SDL knowledge pockets spending per yr is predicted to be US$ 240,000.

About Cuneus:
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 property through 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.