Tuesday, July 3, 2018

Blockvest Aims to Solve The Volatility of the Cryptocurrency Market

Cryptocurrencies have enormous value and potential. However, few investors are comfortable putting their whole net worth into cryptocurrencies. One of the biggest concerns people face is volatility. BLOCKVEST aims to solve that problem in a unique way.

What Is Blockvest

  • Blockvest is the first cryptocurrency dedicated platform to cover all aspects of an investment process.
  • Blockvest is the use of blockchain technology and digital identity to digitize assets, and the use of smart contracts for digital assets to be self-managed, to achieve a “smart economy” with a distributed network.
  • Blockvest consists of a decentralized ecosystem that facilitates a stablecoin. Stablecoins are a cryptocurrency designed specifically for price stability.

Blockvest Mission

Blockvest aims to solve one of the biggest problems in the cryptocurrency industry: Volatility.
Holders of Blockvest will be able to issue a secondary token denominated in US dollars. This will lock the value of the stablecoin to the USD.

BLOCKVEST Goal

The goal of Blockvest dual token system is to create passive income as well as a stablecoin that can be used as a reliable store of value for international money transfers, payments and remittances. Some of the specific benefits include:
  • Trading on a decentralized exchange
  • A unit of account for prediction markets
  • Funding token sales
  • Overseas remittance
  • Online retail transactions
  • Secure store of value

The Platform Features

The Blockvest Interface provides tools for investment portfolio structuring and management as well as a holistic view of the available investment opportunities and the fund’s historical and current investment performance. The interface allows the investor to:
• Analyze and pick investment opportunities from the list of options that are available on the Blockvest Crypto Platform.
• Structure the investment portfolio and allocate capital to desired assets.
• Track the portfolio performance.
• Drill down to get the decomposition and verify the investment results.
• Submit tokens for buyback to participate in the distribution of the fund’s income.
• Download reports and export necessary analytical data.
This investment interface will be based on the institutional grade investment interfaces created by Blockchain Investment Group.

Digital Assets on the Blockvest Blockchain

Digital assets are programmable assets that exist in the form of electronic data. With blockchain technology, the digitization of assets can be decentralized, trustful, traceable, highly transparent, and free of intermediaries. On the Blockvest blockchain, users are able to register, trade, and circulate multiple types of assets. Proving the connection between digital and physical assets is possible through digital identity. Assets registered through a validated digital identity are protected by law.
Blockvest has two forms of digital assets: global assets and contract assets. Global assets can be recorded in the system space and can be identified by all smart contracts and clients. Contract assets are recorded in the private storage area of the smart contract and require a compatible client to recognize them. Contract assets can adhere to certain standards in order to achieve compatibility with most clients. Our goal at Blockvest was to create our own Blockchain to Model Neo’s and Ethereums but still compatible with both platforms.

Finally

Ultimately, Blockvest has created a decentralized Ecosystem, built on a stablecoin capable of capturing all the benefits of a permissionless system while also eliminating volatility.


Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

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