Lambda256, an on-chain (Blockchain network) finance platform supporting financial institutions' virtual asset conversion and operations, said on the 1st that it launched the open beta (Beta) of the on-chain data service "Nodit Datashare."

Nodit Datashare verifies and normalizes Blockchain source data, then delivers it directly to customers' cloud storage (Cloud Storage, a storage service that saves data remotely over the internet and allows access and sharing from anywhere when needed).

Lambda256 launches the open beta of its on-chain (On-Chain·network on Blockchain) data service Nodit Datashare./Courtesy of Lambda256

The service is intended for financial institutions, virtual asset service providers (VASP), and corporations' data organizations, including ▲ analytics ▲ artificial intelligence (AI) ▲ trading (transaction) ▲ compliance ▲ finance teams.

Nodit Datashare provides, tailored to business needs, everything from chain-level records such as blocks, transactions (transaction), receipts, and logs to decoding data—such as token transfers, holders, contracts, and balance changes—that restores encrypted data to its original human- or machine-readable form, as well as decentralized exchange (DEX) transaction data, stablecoin indicators, and analytical tables.

It supports Parquet, CSV, and JSON file formats. Users can choose one-time historical data loading or regular delivery. Use cases include funding and custody (Custody) reporting, preparing audit materials and reconstructing past wallet histories, wallet classification and abnormal transaction detection, and analyzing liquidity and stablecoin flows.

Finance and custody teams can monitor balances across multiple chains and asset movements. Audit and tax teams can reconstruct transaction histories to trace sources of funds. AI and research teams can connect normalized on-chain data to existing models and data pipelines.

During the beta period of Nodit Datashare, customers receive, free of charge, three dataset (Dataset) deliveries per workspace (Workspace) so they can verify data quality and schema fitness within their own cloud environments.

Before a commercial contract, customers can directly check file formats, the delivery process, and whether queries (Query) are possible. Afterward, they can discuss operating requirements with the Nodit data team, including ▲ supported chains ▲ data scope ▲ history period ▲ delivery interval ▲ storage location.

Kim Jae-hong, Lambda256 business lead, said, "For institutions to use Blockchain data in actual operations, processing and verifying on-chain data requires substantial resources," adding, "Nodit Datashare addresses this preliminary work at the data infrastructure stage so customers can focus on analysis, reporting, and compliance tasks."

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