Red Pulse is a Chinese-focused blockchain intelligence gathering and analysis service. It was the first token to launch an ICO on the NEO platform. Red Pulse gathers data from its 60,000 users about financial and capital markets to provide a holistic view on the confusing Chinese market. Red Pulse, which is similar to Cindicator, a general financial analysis tool that uses blockchain technology and collects information from its users as well as automated web crawlers for Chinese-language websites. This information is then curated, disseminated, and shared with the rest of the world. The final product is then published on the Red Pulse Blockchain. The information collected can be in the form of research insights, raw data submitted by Red Pulse users. Once it has been checked for quality, it is collected in editorial form. Researchers are paid RPX tokens, and research consumers have access to the same token.

Red Pulse

Red Pulse believes traditional market research is too centralized, especially when it comes to analyzing a market like China. China is the second-largest country in the world, and it has the highest purchasing power parity. It is also one the most poorly understood because of the difficulty in collecting and disseminating domestic information. Red Pulse plans to crowdsource this information, making it available via blockchain. This will remove some of the bottlenecks in current research outlets.

“Our vision is to create a direct-incentivization ecosystem facilitated by the RPX token, creating a global community of colleagues,” the developers wrote. Red Pulse ensures quality by providing editorial oversight to the platform structure, administering an honest and transparent incentive system, and vetting and approbating select research producers as expert-level contributions. RPX assists research consumers and producers to be in sync with the growing demand for China market insights and so benefit from the rising Chinese economy.

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Chinese market

Red Pulse argues that the problem is not a lack market information about China, but too much information of questionable quality. Red Pulse’s conversion from raw data into curated editorial content allows users to sort through the vast amount of information to make informed financial or capital market decisions.

While there are many sources of information about China’s financial markets, and its industries, accuracy and transparency remain a problem. It is not uncommon for China market pundits or reputable news sources in China to report on a market story in the morning only to have it denied in the afternoon. “It’s hard to know who and where to trust, amid all the noise,” developers wrote.

This problem is made worse by the sheer volume of data flowing through China due to its large population and relative technological sophistication.

The developers stated that China has become one of the most mobile and Internet-connected countries in the world. This means that market information has not only become ubiquitous but also far beyond what an average analyst can process. Analysts have found it more difficult to deal with this information overload phenomenon, even though it is not unique to China.

Chinese Financial and Capital Markets

Red Pulse is currently focusing on China, but the developers acknowledge that the backbone system that was developed in China could be easily applied to other financial markets around the world and even markets outside finance.

“The current state of the research content ecosystem is broken,” they wrote. The developers stated that the economics of the research industry has been dominated by a few key players in content distribution (major financial terminals) and content production (sell-side). Independent research producers and smaller firms lose out to large financial institutions that are forced to adopt the ‘all you can eat’ pricing model.

Legacy Research

Red Pulse started with six years of backlog in analytical content. This content is continuously refined and added via its blockchain.

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How does Red Pulse organize data? Data providers can apply up to 4,000 metadata tags as part of data curating to make the data classifiable. This organizes the data into searchable categories that can be searched by data consumers. It also creates a live feed of Chinese capital and financial information.

Who is the Team Behind Red Pulse? Jonathan Ha is Red Pulse’s chief executive officer. Ha has worked previously with many major financial institutions on both strategic and operational fronts.

Stanley Chao is the company’s chief data officer. Chao’s experience includes work in the investment industry with hedge funds, quantitative trade, and other investments.

RPX Token

Red Pulse was officially listed on major exchanges in May 2018 at a price of $0.10 and a daily trading volume of $2.8 million. The coin has a market capitalization of $80 million and a circulating supply in excess of 806 million. The total supply of the coin is approximately 1.36 Billion.

How to Buy Red Pulse (RPX). You cannot purchase RPX using “Fiat” currency. To do this, you will first need to buy another currency – Bitcoin or Ethereum are the easiest to buy at Coinbase. Then you can trade that for RPX on an exchange that lists the token.

Once you have bought Ethereum, you can trade RPX tokens on the following exchanges.

What’s the latest news?

Red Pulse has recently entered the South Korean market through a partnership with TrueBlocks. According to Red Pulse’s marketing manager, the partnership will help improve and expand Red Pulse’s marketing presence in South Korea.

Manager wrote that they were pleased to announce a new strategic partnership. TrueBlocks is a South Korean-based accelerator and market developer team focused on Korea’s cryptocurrency market. Red Pulse and TrueBlocks will collaborate on RPX Korean community development as well as marketing strategy and growth acceleration in Korea’s cryptocurrency market.

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