Refinitiv Unveils Innovative Plate Block Singles: A Game Changer for Stamp Collectors & Data Verification

New York, NY – October 26, 2023 – Refinitiv US LLC, a leading global provider of financial markets data and infrastructure, today announced the launch of its unique product offering: Plate Block Singles. While seemingly a departure from its core business, Refinitiv explains this move is a natural extension of its dedication to data integrity, meticulous record-keeping, and serving a passionate, detail-oriented community. “You might be wondering what financial data wizards like us are doing with stamp collecting,” chuckles Mark Johnson, Head of Innovation at Refinitiv. “Honestly? It’s all about the details. We deal with billions of data points every day, ensuring accuracy and traceability. Plate Block Singles demand the same level of scrutiny, the same eye for identifying unique markers. It’s a surprisingly perfect fit!” What are Plate Block Singles? For those unfamiliar, Plate Block Singles are highly sought-after stamps extracted from the printing plates used by the U.S. Postal Service. Back in the days before modern printing, stamps weren't printed on massive rolls. They were created using metal plates with multiple stamp designs arranged on them. When the plates were retired, some stamps from the edges, or ‘blocks’, were saved. Refinitiv isn't just offering any Plate Block Singles; they’re meticulously sourced, authenticated, and digitally documented – bringing a whole new level of trust and transparency to the collecting world. Why Refinitiv? The Unexpected Connection. “We’re not stamp experts overnight,” admits Sarah Chen, Refinitiv’s Head of Product Development. “But we are experts in data management. Historically, verifying the authenticity and provenance of Plate Block Singles has been…challenging. A lot relies on expert opinions, handwritten notes, and subjective assessments. We thought, ‘What if we could apply our technology to this?’” And that’s exactly what they did. Refinitiv’s Plate Block Singles aren't just physical collectibles. Each stamp is accompanied by a digital dossier built on Refinitiv’s powerful data infrastructure. This dossier includes: High-Resolution Imaging: Each stamp is professionally photographed, capturing every minute detail, including plate numbers, perforations, and any printing flaws. Provenance Tracking: Refinitiv meticulously researches and documents the known history of each stamp, including its original plate, printing date (where available), and any documented sales or collections it's been a part of. Plate Number Verification: Using proprietary algorithms and a constantly updated database of plate information, Refinitiv confirms the accuracy of the plate number printed on each stamp. This is huge for collectors, as it's a key indicator of rarity and value. Perforation Analysis: Refinitiv's system analyzes the perforation pattern of each stamp, identifying variations that can indicate a specific printing run or error. Digital Ownership Record: Utilizing blockchain technology (optional, for enhanced security), Refinitiv can create a secure, verifiable record of ownership for each stamp, reducing the risk of fraud and theft. Rarity Index: Refinitiv is developing a dynamic “Rarity Index” that factors in plate number, condition, perforation, and other key characteristics to provide collectors with a data-driven assessment of a stamp’s value and collectibility. More Than Just Collecting: Data Integrity in Action "Think about it,” explains Johnson. “We spend our days making sure financial data is accurate and reliable. A single incorrect digit can have massive consequences. With Plate Block Singles, the principle is the same. We’re bringing a level of data integrity to a hobby that traditionally hasn’t had it.” Refinitiv sees potential applications beyond just collecting. Researchers and historians could use the platform to study printing techniques, postal history, and even the evolution of design. The detailed data could also be valuable for identifying counterfeit stamps. The Product Lineup Refinitiv is initially offering three tiers of Plate Block Singles: “Classic”: Carefully selected, well-preserved stamps with verified plate numbers and basic digital documentation. Priced for entry-level collectors. “Premium”: Stamps with exceptional condition, detailed provenance research, and advanced digital analysis. “Elite”: Rare and historically significant stamps, often with unique flaws or printing errors, accompanied by comprehensive documentation and blockchain-verified ownership (optional). “We're not trying to replace the traditional stamp collecting experience,” clarifies Chen. “We’re enhancing it. We’re giving collectors the tools and information they need to make informed decisions, protect their investments, and appreciate the history behind these beautiful pieces of paper.” Availability and Future Plans Refinitiv’s Plate Block Singles are available for purchase through a dedicated online platform, [website address placeholder]. The company plans to expand its product line to include other rare and collectible stamps, as well as digital tools for managing and valuing stamp collections. “This is just the beginning,” says Johnson with a smile. “Who knows? Maybe we’ll be building a full-fledged stamp collecting data platform before you know it. After all, we’re in the business of data, and there’s a whole world of it hidden within these tiny stamps.” About Refinitiv US LLC: Refinitiv US LLC, a part of the London Stock Exchange Group, is a leading global provider of financial markets data and infrastructure. The company serves over 40,000 customers in 190 countries, providing access to real-time data, analytics, and news that helps them make informed investment decisions. Refinitiv is committed to innovation and delivering cutting-edge solutions that meet the evolving needs of the financial industry. (Website: [website address placeholder]) Contact: [Name of PR Contact] [Email Address] [Phone Number]