Solution
We propose using the world’s vast data access, blockchain technology, and the enormous potential of decentralized systems and organizations to provide a developer solution to the inflation problem.
Truflation is the first true US inflation index based on the independent data sources and metrics created by developers and crypto investors for developers and the crypto community.
The US Truflation Index is available online, on-chain, via a Chainlink Oracle API for all the crypto products and projects that want to correct for the actual US inflation. The Truflation feed also provides daily updates as opposed to the monthly metrics reported by the US government. Truflation also allows transparent access to our underlying data and calculation methods.
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