Truflation Partners with Scannit Inc to Strengthen Data Transparency and Expand the TRUF Network

Truflation Partners with Scannit Inc to Strengthen Data Transparency and Expand the TRUF Network

Truflation, the cutting-edge provider of real-time economic data, and Scannit, a leader in user-controlled data monetization, announce a partnership to enhance the accuracy and impact of economic insights.

"We are thrilled to partner with Truflation in this journey to redefine how data is collected, shared, and utilized," said Karl Nowak, Scannit’s CEO. "Our shared values of transparency and user empowerment will drive the creation of new opportunities for our users and partners."

The integration of Scannit’s data into Truflation’s analysis will help create richer data sets that can be utilized by businesses, researchers, and analysts. The result is a clearer and more transparent view of economic trends, offering invaluable insights to users and organizations worldwide.

Truflation Partners with Scannit Inc to Strengthen Data Transparency and Expand the TRUF Network

Truflation will leverage Scannit’s innovative approach to access user-generated, consented, and ethically-sourced data. Truflation's platform tracks over 20 million items through partnerships with more than 80+ data providers.

By bringing data on-chain, Truflation is democratizing access to critical financial information, empowering users to make better, more informed decisions in real-time. This will create a mutually beneficial relationship where users not only gain from their data but also play a pivotal role in shaping the economic insights that benefit the wider community.

This collaboration marks the beginning of a larger initiative to grow a thriving data ecosystem. The TRUF Network now has over 782 data feeds available for consumption, from US wheat, to oil and lithium. As part of the larger TRUF Network, Truflation continues to develop an ecosystem where truth is incentivized, and economic data becomes a valuable, tradeable asset that powers smarter decisions across the financial landscape.

Whether you're a trader, investor, or institution looking for real-time insights, the TRUF Network offers verified access to accurate, and up-to-the-minute economic data streams.

A Shared Vision of Data Empowerment

Both Scannit and Truflation are driven by a common vision: to reshape the way data is valued and shared. This partnership reflects a commitment to creating a more transparent and fair data ecosystem where users are empowered to take control of their data and enjoy tangible benefits for their participation.

"This partnership underscores our belief that data should be accessible, verifiable, and beneficial to all parties involved," added Stefan Rust, Truflation’s CEO. 

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About Scannit

Scannit is committed to helping individuals regain sovereignty over their personal data. Our platform enables users to control and monetize their data, offering businesses an ethical avenue to access high-quality, user-provided information while respecting privacy and consent. Scannit bridges the gap between data ownership and ethical business intelligence, creating value for both individuals and companies. Learn more at https://scannit.io .

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About Truflation

Truflation is at the forefront of the data revolution, offering real-time, decentralized financial data across multiple sectors. With a commitment to transparency and accuracy, Truflation's platform tracks over 20 million items with more than 80+ data providers. By bringing data on-chain, Truflation is democratizing access to critical financial information, empowering users to make better, more informed decisions in real-time.

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