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What is Truflation?

It is the responsibility of governments and central banks to gather information, evaluate important economic indicators, and communicate the state of the economy to the public. The techniques used for measuring inflation are often modified, frequently selecting methods that result in lower reported rates. If the inflation calculation methods from the 1980s and 1990s were still applied today, the recognized inflation rates would be around 14% and 10%, respectively. Furthermore, the new inflation indexes currently being tested by the Bureau of Labor Statistics suggest even lower inflation levels. The headline inflation statistics reported in the media reflect the annual changes in the Consumer Price Index (CPI). Through extensive research and analysis, we have redefined the official CPI to provide a more accurate depiction of actual price changes in the marketplace. Our US Truflation index offers daily updates on inflation using the latest market data and is accessible to all through a decentralized blockchain oracle, which guarantees transparency and reliability in tracking economic trends. This pioneering method not only improves awareness but also equips individuals with the necessary tools to make well-informed financial choices based on up-to-date information. This shift towards more accessible data represents a significant step in democratizing economic information for the public.

What is Apprentix?

Apprentix is a holistic platform for managing apprenticeships and serves as an approved sponsor for non-union contractors, designed to facilitate compliance with U.S. Department of Labor (DOL) regulations and the Inflation Reduction Act (IRA). This innovative solution allows organizations to establish, manage, and scale their apprenticeship programs without needing to develop proprietary systems or join a union, offering a faster and more flexible way to achieve compliance. Through its state-of-the-art technology, businesses can easily track apprentice hours, monitor skill acquisition, perform evaluations, and handle wage adjustments, all while automating crucial reporting tasks and preparing for audits. In addition, Apprentix supports a wide range of skilled trades and provides services across the nation via reciprocity agreements, allowing contractors to operate compliant programs in most U.S. states. By consolidating the tasks of registration, ongoing reporting, and compliance management, it significantly reduces the administrative burden on users. Ultimately, Apprentix not only streamlines the apprenticeship process but also frees up contractors to concentrate on business growth while ensuring full adherence to regulatory standards. This strategic approach fosters a more efficient environment for apprenticeship development, paving the way for a skilled workforce that meets industry demands.

Media

Media

Integrations Supported

Chainlink

Integrations Supported

Chainlink

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$3,000 per year
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Truflation

Company Website

truflation.com

Company Facts

Organization Name

Apprentix

Date Founded

2021

Company Location

United States

Company Website

www.apprentix.io

Categories and Features

Categories and Features

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