Data Quality of Crypto Currencies, starts on 8/8/2018 at 10:00 AM EST - be there.
Bloc10 began developing trading strategies for the Crypto market and noticed that nothing worked. So we began investigating data quality, and observed that the quality was so poor trading was impossible. So we created zDATA an enterprise product now live on Total Cryptos Portal. In this Webinar we’re going to address the topic of data quality, which is the problem that our product solves. Whether you are a trader, enterprise, or financial institution - data quality is important. There is no Bloomberg for Crypto and there is no “Bitcoin Fix” - there is only Total Cryptos zDATA. We’re going to go over problems with data quality, how it can impact trading strategies, and why it’s just bad.
If you have your own token, having a solid price is important for the market. To compare this to traditional markets, imagine investors went to buy Apple (AAPL) stock and the prices were different at every stock broker. Investors would not feel comfortable to buy the stock as they wouldn’t know if they were getting the shaft. Crypto is new and such nuances will be worked out - but in the meantime we are left to ‘trust’ data providers. Not all data is bad of course, but on some exchanges up to 90% of data is wrong. Take a look at this chart:
Note the discrepancies in price on KRW and JPY from different exchanges. We’ll explain in the webinar what this means, and what you can do about it.