OceanEx is honored to be invited as one of the 12 first stakeholders of DATA (Data Accountability & Transparency Alliance, DATA) alliance partners initiated by CoinMarketCap (CMC), to avail a more extensive array of data points and enrich the decision-making process of users and projects, further support the data accountability and transparency of the crypto space.

OceanEx has always committed to providing our users a safe, professional, transparent and legit trading environment. DATA will indisputably promote greater transparency and accountability in the crypto industry. With additional data support, both users and projects will benefit from this initiative. This alliance is perfectly aligned with OceanEx’s broader vision, as to facilitate the development of digital asset exchange platform industry, and to the more significant extent of the blockchain industry’s long-term growth.

As an initial alliance partner among 12 first stakeholders (Binance, Bittrex, OKEx, Huobi, Liquid, IDEX, OceanEx, Gate.io, KuCoin, HitBTC, Bitfinex, and Upbit), OceanEx will further support DATA with more comprehensive customized data and analysis via API. Meanwhile, we are pleased to set our case as a reference example of the Phase 1 use case “Live order book data: Ongoing order book data provided via API (example)”.

About DATA (Data Accountability & Transparency Alliance)

The DATA seeks to promote greater transparency, accountability, and disclosure from projects in the crypto space. This initiative is underpinned by our belief that the provision of additional data points would (i) empower our users to make more informed decisions and (ii) provide a means for projects to differentiate themselves through enhanced disclosures.

The overarching objectives of DATA are to:

Review, align and enhance reporting standards across the industry.

Identify gaps, propose strategies and measures to enhance data accountability and transparency.

The DATA exchange partners currently on board have committed to providing the following (i) mandatory data and (ii) self-reported information on an ongoing basis. While providing mandatory data is a prerequisite for being an Alliance partner, a partner will go above and beyond to contribute to shaping the standards, strategies, and measures according to the objectives stated above.

Detailed information about CMC DATA please refer to: Happy 6th Birthday! DATA Alliance, Block Explorers and more

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