In order to introduce Truflation’s value proposition, it is key to briefly cover 3 key axes on the current financial landscape: financial data access, tokenization of real-world assets, and the advances in decentralized finances.
Currently, financial data is oftentimes inaccessible, non-standardized, very costly, and gate-kept by a few centralized corporations that don’t make it available on-chain. As a consequence, high quality data is siloed, with non-transparent sourcing and vulnerable to manipulation. A clear example of this problem is inflation metrics such as the Consumer Price Index (CPI) which serves as the basis for a 3.3T bond industry and guides the decision-making of institutions like the US Federal Reserve. More details on this problem can be found at https://whitepaper.truflation.com/background/problem.
In regards to the second axis, it is worth highlighting the traction achieved by the blockchain technology to serve as rails to secure and settle real-world assets (including traditional assets like ETFs, stocks, bonds, real-state and others), with over $1B of TVL increase in the first 3 quarters of 2023 for non-stablecoin tokenized RWA. Additionally, experts in the field expect an outstanding growth of the space predicting the tokenization market to achieve a $16T size by 2030.
Furthermore, as a third key element, the impact of RWA financial data will not only have major effects on the tokenization of the aforementioned assets, but also on the availability of on-chain derivatives and synthetics markets; allowing any trader exposure to the price change of underlying assets.
Below, we share how Truflation's decentralized data stream network marks a pivotal shift by consistently sourcing, authenticating, and integrating data from a multitude of channels, all while upholding clear and accountable methodologies. This will ensure the flow of unadulterated information, with Truflation poised to become a foundational pillar for both the current and future landscape of traditional and decentralized financial industries.
Solutions
Truflation Dashboards
Data visualization tools connected to the Truflation index API that calculates the most current US inflation rate and price indexes for various inflation categories like food or housing.
Truflation dashboards are offered using a freemium model.
Truflation API Data Access
Truflation enables data stream access through direct APIs including pricing data within categories such as equities, currencies, metals, ETFs, agriculture, commodities, utilities, and housing among others.