I. At Cuneus Data Lab, we developing an end-to end universal ledger for data and ideas by quantifying their relative values in relation to existing transactions.
II. We are establishing a framework to price differentiated and undifferentiated data, according to their relative values.
III. We morph big data to connect native digital asset markets on top of our universal ledger.
IV. We are actively working to solve the challenges of the new data economy.
Introducing Tradable Data Units (TDUs)
As The Next Exchange Traded Funds (ETFs)
The inception of MIFiD II in Jan 2018, lead to a significant decline in the annual US$ 5Bn research budget of the respective markets. Projections show a continuous decline of 40% by 2020*
Sell-side desks now struggle to price their data, while buy-side funds struggle to estimate their value.
*(Bloomberg, April, 02, 2018)
We transform a fragmented market (around US$ 5 Bn in 2017) into a standalone digital asset genre, similarly to the evolution of the Exchange-Traded-Fund (ETF) market. The size of the ETF market has increased significantly after the GFC in 2008 from US$ 204.3 Bn to US$ 4.4 Tn in 2017.
Following a similar growth trajectory, we estimate that the standardization and commoditization of research-data transactions grows into a US$ 92 BN market in 10 years, assuming an institutional-only network. We also estimate that by extending the network's scope will lead to an additional US$100 BN in annual transactions via non-institutional players in 10 years.
Cuneus Data Lab proposes to create an auto-validated and immutable ledger of tradable data units (TDUs), which are standardized via deterministic transmission algorithms.
TDUs’ key operational goal is to streamline data from market-analytics feeds and from the fragmented sell-side research and turn them into a standalone digital asset, similar to the evolution of the ETF market.
As a result this project will deliver dynamically priced TDUs according to their value.
Cuneus Data Lab is a technology lab for experimental data products.
The lab is the research arm of eFXdata, a US-based fintech company, streaming data in partnership with data giant Refinitiv. Cuneus is based in Toronto, Canada.
For more information and to request our white paper
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