Partisia Blockchain and Truflation to transform DeFi with real-world financial data
ZUG, 3 JULY 2024. Partisia Blockchain enters a strategic partnership with Truflation, the premier reference point for real-world asset (RWA) indices and inflation data. This collaboration sets to transform the way real-world financial data is accessed and utilized in the decentralized finance (DeFi) ecosystem.
The collaboration is set to open new horizons for both. By integrating Truflation’s comprehensive real-time financial data with Partisia Blockchain’s secure and scalable blockchain infrastructure, the partnership will enhance the accessibility, transparency and reliability of financial data across decentralized platforms.
Kurt Nielsen, Co-Founder and President of Partisia Blockchain, says:
“We are excited to partner with Truflation to bring high-quality financial data to the blockchain space. This partnership aligns with our commitment to providing scalable and privacy-preserving solutions, enabling us to address some of the key challenges in DeFi and beyond.”
With Truflation’s accurate and independent inflation data, combined with Partisia Blockchain’s innovative approach to privacy and scalability, the two are poised to deliver unparalleled transparency and efficiency in DeFi. This partnership will enable developers to build more robust and data-driven financial applications, fostering greater trust and adoption.
Stefan Rust, CEO of Truflation, says:
“Our collaboration with Partisia Blockchain aligns with our vision to empower people and protect privacy by giving them real-time data to make informed financial decisions.”
As Partisia Blockchain and Truflation work together to integrate their technologies, both organizations are committed to pushing the boundaries of what is possible in DeFi. This partnership is the beginning of a series of collaborative efforts aimed at transforming the financial landscape through decentralized and transparent solutions.
Key benefits of the partnership:
- Enhanced data security: Truflation’s data will be securely integrated into Partisia Blockchain’s privacy-focused blockchain, ensuring user data is protected.
- Improved accessibility: Developers and users will have seamless access to real-time financial data, facilitating the creation of more dynamic and responsive DeFi applications.
- Innovation in DeFi: The collaboration will foster the development of new financial instruments and services, driving innovation and growth in the decentralized finance sector.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
About Truflation: Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of real-world assets through its independent, transparent and real-time financial data. With a comprehensive index tracking over 18 million items, Truflation offers censorship-resistant data infrastructure, fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps), such as DEXs, to unlock boundless markets. From predicting orange juice and uranium prices to facilitating BTC-denominated oil, gas and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape. Learn more: www.truflation.io
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