AllianceBlock Partners With Crunchbase to Introduce Reliable Business Data to DeFi

With the new partnership, DeFi instruments will work with more reliable and accurate data about the segment of VC funding, start-ups, careers and management.According to the official announcement shared by , it has entered into a long-term strategic partnership with Crunchbase, a platform that indexes and broadcasts information about businesses.

Rachid Ajaja, CEO and сo-founder of AllianceBlock, highlights the importance of this collaboration for the cryptocurrencies segment and Web3 tech ecosystem as a whole: The buying and selling of data is a multi-billion dollar growth industry that shows no signs of slowing down. However, until now, decentralized and centralized data providers and users have operated in siloes, unable to interact. There is significant demand for a means for decentralized and centralized actors to buy and sell data from one another seamlessly.

As such, this is a textbook example of the synergy between Web2 and Web3 services in addressing common pains in the digital industry, building a reliable data ecosystem and raising the level of trust. Data Tunnel users are now able to create novel technical designs such as default probability models, customer acquisition frameworks, maps of untapped markets and so on.

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