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Crypto Exchange Behemoth Binance Invests in Australian Startup TravelbyBit

Binance Launches Research Division to Provide ‘Institutional-Grade” Reports

Reading Time: 2 minutes by on November 11, 2018 Altcoins, Blockchain, Business, Development, Exchange, News, Platform, Regulation, Tech
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Binance, the world’s largest cryptocurrency exchange by market capitalization, recently introduced Binance Research, a new division designed to provide institutional-grade research reports on blockchain and cryptocurrency projects. According to Binance’s announcement published on November 9, 2018, the Binance Research analysis division will help boost transparency and improve the quality of information available in the cryptocurrency sector.

Binance Introduces Binance Research Division

The purpose of the Binance Research division is to provide in-depth, comprehensive, research reports on many cryptocurrencies. Each detailed cryptocurrency report contains an introduction to the featured cryptocurrency, key metrics, recent news, price and volume chart, highlights, token sale and economics, roadmap progress and updates, a team overview, trading data, technical coder overview, product and adoption metrics, community data, and a competitor overview.

In each of these segments, the report contains critical data, links, tables, charts, and other forms of visual communication. Binance Research has already published two reports. These include the Loom Network, a scaling solution for Ethereum, and GoChain, a scalable decentralized blockchain that supports smart contracts. A report on PundiX, a hardware and software platform that enables physical payments in cryptocurrency form will be coming soon.

(Source: Binance)

Binance Research, however, has the intention of going beyond providing in-depth individual cryptocurrency reports. The Research division has the aim of creating many publications that explore various themes and issues in the cryptocurrency sector.

According to a Medium blog post, Binance Research is part of Binance’s goal of spreading knowledge of blockchain to everyone. The new Division belongs to many other divisions in Binance which includes Binance Info, a database containing information on different cryptocurrencies, and Binance Academy, a cryptocurrency education component designed to provide additional knowledge on the blockchain cryptocurrency industry.

Binance Research’s Unique Value Proposition

The cryptocurrency exchange believes that they are well connected and equipped to provide high-quality research reports. As a result, the Binance Research team have partnered with top officers and developers to clarify data and information related to each cryptocurrency project, allowing the team to provide detailed information on difficult topics such as token economics, governance, private code direction, and updated strategic direction.

Furthermore, the Binance Research team has team members in a wide range of disciplines and experiences, from blockchain engineering to investment banking, academic research, data science, and strategy consulting. Since Binance Research has a diverse team with different skill sets and backgrounds, can undergo in-depth due diligence, and collect data from reliable sources, Binance Research is in a unique position to construct institutional-grade research reports.

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