Techub News Announcement: Bloomberg has announced a partnership with Kaiko to develop a way for Bloomberg's trusted data licensing products to access data on-chain via Kaiko's infrastructure. The initial phase of the plan will focus on supporting tokenized U.S. Treasuries and repurchase agreement workflows running on Canton Network. By providing high-quality reference data directly on-chain, this collaboration aims to address longstanding challenges in existing workflows, including inconsistent data sources, time lags, and pipeline fragmentation. By utilizing a tokenized workflow based on Bloomberg data on-chain, trading parties will be able to reference a single, verifiable data source, thereby eliminating ambiguity and enabling automation.
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Techub News Announcement: Bloomberg has announced a partnership with Kaiko to develop a way for Bloomberg's trusted data licensing products to access data on-chain via Kaiko's infrastructure. The initial phase of the plan will focus on supporting tokenized U.S. Treasuries and repurchase agreement workflows running on Canton Network. By providing high-quality reference data directly on-chain, this collaboration aims to address longstanding challenges in existing workflows, including inconsistent data sources, time lags, and pipeline fragmentation. By utilizing a tokenized workflow based on Bloomberg data on-chain, trading parties will be able to reference a single, verifiable data source, thereby eliminating ambiguity and enabling automation.