Bonanza Lab Registers Patent for Digital Asset Index Calculation Technology

Bonanza Lab, a company specializing in virtual asset data, has registered a patent for technology that integrates and manages the entire process of digital asset index calculation and operation. This technology manages data collection and standardization from multiple exchanges, quality assessment, index calculation, anomaly monitoring, fault response, and result provision within a single system. With this patent, Bonanza Lab plans to expand its index infrastructure business necessary for the digital asset-based financial product market. In particular, it is designed to enhance the reliability and transparency of the index calculation process, allowing it to be used as a benchmark price for financial products. The company aims to extend its business scope from providing existing digital asset pricing and historical data to supporting index calculation and operation for financial products in the data infrastructure sector. Co-CEO Park Hye-yeon emphasized the need for reliable data and stable operational infrastructure, stating that the company will prepare the necessary infrastructure for the digital asset financial product market, including Bitcoin ETFs, and expand collaborations.

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