The post Truflation Launches Independent Inflation Tracker with Levitate Labs Partnership for India appeared on BitcoinEthereumNews.com.

The introduction of the India Inflation Tracker has been announced by Truflation, a world leader in real-time financial data. The tool provides an alternative to conventional measures by giving Indian companies and consumers an unbiased, transparent, real-time picture of inflation. Truflation has teamed up with Indian web3 accelerator Levitate Labs to provide trustworthy, up-to-date India consumer price index (CPI) data in order to facilitate its deployment. In order to help government, politicians, enterprises, and individuals navigate the complexity of an inflationary climate, the partnership will support Truflation’s efforts to provide vital insights. In order to assist Web3 firms develop, grow, and thrive in a variety of regions, including India, Levitate Labs is a reliable partner that offers growth stage funding, mentorship, and international connections. In order to make wise financial choices, Indians now need accurate, up-to-date inflation statistics more than ever before due to the consumer price index’s (CPI) recent volatility. To meet this demand, Truflation created the India Inflation Index in partnership with Levitate Labs and other regional organizations, guaranteeing accuracy and openness. However, the data is still independently updated and validated, maintaining its neutrality and integrity. Compared to the conventional 80,000 data points, Truflation’s technique provides a revolutionary way to measuring inflation by using nearly 30 million data points for unmatched depth. Using decentralized oracles and blockchain technology, its indexes are updated 30 times quicker than traditional tools, and its daily reporting puts customers ahead of market movements. Truflation sets a new benchmark for economic data reporting by guaranteeing precise, up-to-date statistics in a variety of industries, including housing. In addition to its current calculators, Truflation’s collection of inflation dashboards lets businesses and consumers access real-time economic data that has been sorted by market, type, and nation. Dive Deeper Requests for greater worldwide coverage have been sparked by Truflation’s…

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Filed under: News - @ December 6, 2024 9:24 pm