Blockchain data gets a real-time boost with the introduction of Oceanstream by SQD Network.

In a groundbreaking move, SQD Network has announced the launch of Oceanstream, a real-time data delivery solution designed specifically for institutional investors. The announcement, made on June 10, comes at a time when the financial industry is undergoing a significant transformation, with traditional financial instruments migrating to blockchain-based formats.

Howie Altman, the CEO of OceanStream and head of institutional strategy at SQD Network, emphasized that Oceanstream was built with the future of data infrastructure in mind. Engineered to meet the evolving needs of this new landscape, Oceanstream aims to serve as the decentralized backbone for AI-driven financial applications.

Oceanstream's architecture is aimed at supporting professional-grade decision-making by offering consistent, first-party data feeds from a broad range of blockchain networks. The platform is positioned as a key infrastructure component for hedge funds, asset managers, and other professional financial entities operating within the digital asset space.

The platform features a multi-stage data processing pipeline, dividing the data lifecycle into extraction, transformation, and storage phases. Each phase in the pipeline can be independently developed and fine-tuned for enhanced control, flexibility, and scalability.

One of the key advantages of Oceanstream is its ability to aggregate and provide high-grade financial data from over 200 blockchains. This real-time, accurate blockchain data is expected to become a non-negotiable requirement for large-scale financial players as the tokenized asset market expands. Industry analysts forecast the market could expand to $30 trillion within the next five to seven years.

Altman described Oceanstream's infrastructure as being well-prepared to become a leader in the field of digital asset data. He noted that AI-native, serverless, and programmable systems are increasingly becoming the norm in the current financial era, which he characterized as one of the most profound transformations in the past fifty years.

David Attermann, who has taken on the role of executive director at SQD Network, will play a crucial role in the introduction of OceanStream. Alongside Altman, he will contribute to discussions on regulatory clarity and market integrity in the crypto space as part of the network's activities.

With the launch of Oceanstream, SQD Network is taking a significant step towards shaping the future of data infrastructure in the financial sector. As the industry continues to evolve, Oceanstream is poised to become an essential tool for institutions seeking to navigate the complex and dynamic world of digital assets.

Blockchain data gets a real-time boost with the introduction of Oceanstream by SQD Network.