Exclusive: NetDania Launches Crypto Feed, Prepares New Mobile App

NetDania has deployed to the market an extended cryptocurrency data feed. The company is streaming live prices from 65 exchanges with over 12,000 instruments available. The firm is also delivering a steady stream of real-time news from the cryptocurrency and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term scene. The price and news feeds are delivered via the most common API’s.

Over the past 12 months, NetDania has also committed to developing a brand-new mobile app dedicated to catering to the utmost needs of crypto traders. The news is a welcome development since NetDania already demonstrated a very strong mobile offering in FX and CFDs.

Looking at the crypto feed the Danish fintech company is providing its customers with streaming data that includes a number of metrics. The multi-decade experience of the executive team of NetDania has taken care to deliver all the insights brokers and traders might need.

A display of the tradable rates, market depth, a special composite feed with rates from the main crypto exchanges, arbitraging options, historical data, market cap, volumes, and others, ensures that the end-users can aggregate a lot of data into a single front end.

Customers can request data from each exchange or selected exchanges. NetDania also created a composite feed and is working on the implementation of benchmark rates for the majors.

NetDania’s CEO on the Blockchain Future

Commenting to Finance Magnates, the Group CEO and co-founder of NetDania, Stig Brylle said: “We will in the years ahead see global tokenization of all types of assets. In parallel to obtaining capital via traditional sources like banks and exchanges, companies, start-ups, real-estate, and private individuals will go directly to the market to meet investors and to obtain capital.”

According to Brylle, the hyped up use of “tokens,” is just in its starting phase. While last year has clearly been challenging for Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, he views “bumps on the road” as thousands of lobbyists try to tell politicians and regulators why the old world is better and safer.

"The truth is that a properly implemented and regulated use of the new technologies will provide the trust and transparency that the world strongly is missing today," argues NetDania's CEO.

“Ultimately, since the blockchain technology basically offers what 99% of the world’s population wants, it is going to happen. I do for example believe that every citizen in this world in the future will receive a wallet the day he or she is born,” Brylle explains.

NetDania’s CEO is predicting that wallets will be issued by a country’s central bank. “When we at NetDania build a crypto feed, it’s because we embrace the technology and a tokenized future. Cryptocurrencies are still in their early stages, the first hype is over and it’s now time to roll up our sleeves and get to work.”

The coming weeks will see the official release of NetDania’s crypto mobile app with cryptocurrencies, tokens, blockchain news, portfolio and soon also crypto trading. The company’s future releases will be oriented towards bridging the old world and a new tokenized world.

Behind the scenes, NetDania has also started a disruptive project related to asset tokenization. The project is very ambitious, and the company is currently in discussions with potential partners and investors.