Cross Angle, the operator of Zangle, announced on the 21st that it has signed a strategic partnership with Hansung University's Blockchain Research Institute to improve the transparency of virtual asset circulation based on on-chain data analysis.
The two companies agreed to cooperate with the goal of improving the transparency of virtual asset circulation based on on-chain data and expanding blockchain data analysis personnel and infrastructure. On-chain data is a record of transactions on the blockchain. It plays a key role in ensuring transparency and reliability of virtual asset transactions.
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CrossAngle plans to use its products and data infrastructure to link data from Hansung University’s Blockchain Research Institute and on-chain circulation wallet information. Through this, the goal is to specify the on-chain circulation volume calculation criteria and jointly build a data archive to enhance transparency in the blockchain ecosystem.
The two organizations will also work together to integrate domestic and international distribution standards and develop a blockchain education curriculum to train blockchain experts.
Lee Hyun-woo, Co-CEO of CrossAngle, said, “Increasing transparency using on-chain data is key to building trust in the Web3 ecosystem,” and added, “We will further develop the on-chain data-based ecosystem through technology and data analysis.”
Professor Cho Jae-woo of Hansung University’s Blockchain Research Institute said, “On-chain data analysis is an essential field for forming a sound blockchain ecosystem,” adding, “We expect that through continuous research and development and talent development, we will be able to strengthen the global competitiveness of the domestic blockchain industry.”
- Reporter Do Ye-ri
- yeri.do@decenter.kr
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