Bonanzalab, a digital asset data company, registered a patent on the 3rd for technology that integrates the entire process of digital asset index calculation and operation. The patent enables unified management from data collection across multiple exchanges to standardization, quality validation, index calculation, anomaly monitoring, failure response, and result delivery. The company plans to expand its index infrastructure business to support digital asset-based financial products such as Bitcoin spot ETFs.
Bonanzalab Patent Covers End-to-End Index Calculation System
According to Bonanzalab on the 3rd, the patent technology manages the entire index operation process within a single system — from collecting and standardizing data from multiple exchanges, to quality validation, index calculation, anomaly monitoring, failure response, and result delivery. The technology focuses on enhancing reliability and transparency in the index calculation process so that digital asset indices can be used as reference prices for financial products. The system standardizes and validates data collected from multiple exchanges while managing index calculation history and anomaly situations. This design improves data accuracy and enables response to potential failures during index operation.
Company Conducted PoC Projects with Index Providers
Bonanzalab has conducted proof-of-concept (PoC) projects with domestic index providers to apply the technology to actual financial services. Requirements identified during the PoC process — including data quality management, calculation history tracking, failure response, and result verification — were incorporated into the patented technology.
Bonanzalab Plans Business Expansion into Financial Product Index Infrastructure
Based on the patent, the company plans to expand its business scope from existing digital asset price and historical data supply services into the data infrastructure field that supports index calculation and operation for financial products. Bonanzalab intends to expand cooperation with index providers and financial companies, and to provide data and index calculation/operation infrastructure necessary for digital asset-based financial products.
Co-CEO Park Hye-yeon Emphasizes Data Infrastructure Necessity
Park Hye-yeon, co-CEO of Bonanzalab, stated, "For digital assets to be utilized as underlying assets of financial products, reliable data and infrastructure that can calculate them based on consistent standards and operate stably are essential. Based on this patent, we will proactively prepare the infrastructure needed for the digital asset financial product market including Bitcoin ETFs, and expand cooperation with financial companies and index providers."
FAQ
What did Bonanzalab register on the 3rd?
Bonanzalab registered a patent for technology that integrates the entire process of digital asset index calculation and operation, covering data collection from multiple exchanges, standardization, quality validation, index calculation, anomaly monitoring, failure response, and result delivery within a single system.
Why did Bonanzalab develop this patent technology?
The company developed the technology to enhance reliability and transparency in digital asset index calculation processes, enabling indices to be used as reference prices for financial products such as Bitcoin spot ETFs. The technology addresses requirements identified during PoC projects with domestic index providers, including data quality management, calculation history tracking, and failure response.
