Collaborating to improve transparency of cryptocurrency circulation and expand infrastructure
"We will present a new blockchain paradigm through technology and data analysis"
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Through this agreement, the two companies will join forces to increase transparency in cryptocurrency circulation based on on-chain data and expand blockchain data analysis personnel and infrastructure.
CrossAngle has been working to increase transparency in the Web 3.0 ecosystem by introducing 'Zangle ERP', a Web 3.0 ERP (Enterprise Resource Planning) solution with functions such as cryptocurrency accounting, tokenomics, and Web 3.0 project performance analysis, and 'Zangle LiveWatch', a real-time circulation monitoring service based on on-chain data.
CrossAngle plans to use its own products and accumulated data infrastructure to link the data held by Hansung University Blockchain Research Institute with on-chain circulation wallet information. Based on this, the goal is to specify the criteria for calculating accurate on-chain circulation and jointly build a data archive to further enhance the transparency of the blockchain ecosystem.
Additionally, the two organizations will begin discussions to jointly plan and develop a blockchain education curriculum to train experts, along with collaborative activities to integrate long-term domestic and international distribution standards.
On-chain data is a record of transactions made on the blockchain, and plays an important role in ensuring the transparency and reliability of virtual asset transactions. Through this agreement, the two companies are expected to contribute to the development of a healthier blockchain ecosystem by increasing the reliability of the Web 3.0 ecosystem and joining forces to expand related infrastructure.
In addition, CrossAngle and Hansung University Blockchain Research Institute have agreed to continue their collaboration by developing various activities to increase transparency and reliability in the virtual asset market based on mutual trust and cooperation.
Lee Hyun-woo, Co-CEO of CrossAngle, said, “Enhancing transparency using on-chain data is key to building trust in the Web3 ecosystem,” and added, “Based on this collaboration with Hansung University’s Blockchain Research Institute, we will present a new paradigm for the blockchain ecosystem through technology and data analysis, and further develop the on-chain data-based ecosystem.”
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,” and added, “Based on this collaboration with Cross Angle, we expect to be able to increase expertise in the domestic on-chain data field through continuous research and development and talent cultivation, and further strengthen the global competitiveness of our country’s blockchain industry.”
Reporter Kwon Seung-won ksw@blockstreet.co.kr
