Blockchain data analyzing firm Crossangle has begun its trial operation of providing information for blockchain projects.
The platform called Xangle.jo will help investors gain access to all types of information for blockchain projects. Xangle will open next month.
Crossangle CEO Lee Hyun-woo told the Block Media Thursday that the service would help investors make informed decisions. He said trust is key between investors, namely token holders, and issuers, namely blockchain projects.
He said the service would upgrade transparency and accountability of the issuers.
Like stock investors using public disclosures for information, Xangle will make public all information on blockchain projects and cryptocurrencies, he said.
The Xangle information would be easy to understand for investors, he said. However, information on all blockchain projects could not be standardized as they are in different stages of development, he added.
