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Truflation's Chainlink Spring 22 Hackathon Winners

Truflation's Chainlink Spring 22 Hackathon Winners

Truflation was one of the sponsors of the Chainlink Spring 2022 Hackathon, offering builders a prize of US$10,000. Chainlink Spring 2022 Hackathon took place from April 22 to May 27, 2022. The virtual event got ~8500 signups and 308 final projects

Truflation: June CPI Insights

Truflation: June CPI Insights

Based on Truflation, we continue to have high inflation rates in June. We expect inflation to remain high for the duration of 2022 and start to ‘appear’ to come down only because prices were so high in 2021 that they will skew the YoY% change. In reality, inflation is at

Truflation One Step Closer to Global Inflation Data.

Truflation One Step Closer to Global Inflation Data.

This month the Truflation index is getting its biggest overhaul yet. The index updates with the entirely independent consumer trends based on multiple methodologies and global data sources to exchange the current data weights. Truflation is also launching an entirely new website [https://truflation.com/] and a dashboard [https://app.

A Valid Concern: Is the Official CPI Undervaluing Inflation?

A Valid Concern: Is the Official CPI Undervaluing Inflation?

This is how the BLS calculates inflation and how it could be done better. First, we need to get some basic concepts understood. And do not worry about the formulas below, they are simpler than they may seem at first glance. The Consumer Price Index (CPI) is a measure of

Inflation, politics, and a squirrel

Inflation, politics, and a squirrel

Globally inflation is currently a hot topic, and citizens (including Elon Musk [https://youtu.be/CnxzrX9tNoc?t=4557] and Jeff Bezos [https://www.yahoo.com/news/biden-vs-bezos-white-house-punches-back-at-billionaire-over-inflation-tweets-182035561.html] ) are rightly looking to governments for answers (and the truth!). Why do things cost more? What can be done to fight inflation?

The Truflation Index Now Available on Multiple Blockchains

The Truflation Index Now Available on Multiple Blockchains

This month, Truflation took advantage of the interoperability of the Chainlink oracle network and released multiple new nodes making our independent inflation data compatible with various native chains. We are thrilled to offer our builders access regardless of their preferred chains and dApp environments. Apart from the previously released Ethereum

Truflation - CPI: Back to the Future

Truflation - CPI: Back to the Future

The BLS’s CPI report is now in. What does it tell us about the US inflation rate, and what is driving the increases we see at Truflation? Let’s dive into the report and compare it to our insights. CPI rate of inflation for the 12 months ending April

Truflation: May CPI Insights

Truflation: May CPI Insights

At Truflation, we believe in data and methodology, not sentiment and surveys. We created Truflation [https://app.truflation.com/] index based on real market price data collected from 30 different data sources daily to deliver crucial business intelligence around inflation. We offer real-time on-chain economic metrics for Web3 applications. Many

Calling All Builders and Developers: It's Time for a Web3 Challenge

Calling All Builders and Developers: It's Time for a Web3 Challenge

The Chainlink Hackathon with more than $500,000 in prizes is now underway. Imagine you had access to all economic data, on-chain, un-biased and verifiably true and a healthy slice of that prize money. What could you buidl?

Truflation Wins Challenge for Building a Decentralized, Censorship-Resistant On-Chain Inflation Index Using Chainlink

Truflation Wins Challenge for Building a Decentralized, Censorship-Resistant On-Chain Inflation Index Using Chainlink

Truflation won the $100k inflation challenge.

Truflation Brings Inflation Index Data to Blockchain With Chainlink

Truflation Brings Inflation Index Data to Blockchain With Chainlink

Unbiased daily inflation data. Now on-chain.

What is the Truflation Oracle and why we desperately need one

What is the Truflation Oracle and why we desperately need one

In crypto space, we often say fix the money, fix the world.

Why no one can agree on what inflation is and how to measure it

Why no one can agree on what inflation is and how to measure it

Can it really be this hard to calculate inflation?

Inflation is the highest in 30 years and, according to some economists, much higher

Inflation is the highest in 30 years and, according to some economists, much higher

Some economists believe inflation is double the published rate.