Using Advances of Blockchain to Control Your Finances
Blockchain technology innovator MultiTokens will enable your portfolios made up of one or more cryptocurrency assets to rebalance automatically, based on a strategy you or the other best investor strategists want to have. Your MultiToken represents the digital asset held within it and is smart-contract enabled to handle those assets according to different investment strategies.
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Historically, people have depended on intermediaries in instances of exchange. While the type of intermediaries has changed, the basic idea of there being a self-interested third party to a transaction has not. In 2008, however, that all changed forever. The bitcoin white-paper was published, minds were expanded, and blockchain technology burst on to the scene. What’s the big deal about blockchain? Well, for starters, it has made a financial autonomy for every person on the Earth possible for the first time in history.
A Financial System in the Palm of Your Hand
Like all of the great revolutionary concepts hatched over time, a Blockchain idea is simple. A network of validators spread around the globe checks and verifies every transaction that produced on a blockchain. After reviewing the validity of transactions clustered into blocks (ensuring that the digital currency being spent is authentic and hasn’t been paid more than once), validators give their verification stamp to include the new block at the head of the chain of blocks – hence, blockchain.
The winner in this system is everyone. Gone are the days of needing a centralized authority such as Visa or PayPal to confirm transactions. In the blockchain paradigm, transacting becomes a genuinely peer-to-peer affair.
If you have a bitcoin, and I accept bitcoin as payment for my online shop, we can transact with complete trustful autonomy and never need a third-party authority. With distributed cryptographic protocols taking the place of such parties, their position between peers has been rendered obsolete.
Blockchain Enables Investments for the Rest of Us
Blockchain systems introduce an evolved regulatory algorithm enabling people to have autonomy over their money. Knowing this, how can a trust-less blockchain technology be applied toward a conceptual strategy of smart investing?
MultiToken Protocol combines the elegance of Blockchain technology with smart contracts to deliver a unique platform for the complete investor’s autonomy. In the outgoing paradigm, participating in investments such as ETFs and index funds is a tricky business. You are faced with some steep entry thresholds, centralized decision making (forcing you to rely on the judgment of a fund manager), and tight geographic restrictions on joining due to regulations.
The incoming paradigm being spearheaded by MultiToken Protocol, which enables investors to achieve complete freedom in making the hard decisions, while addressing security concerns regarding their investments.
How MultiToken Works
MultiTokens are portfolios made up of one or more cryptocurrency assets. Your MultiToken represents the digital asset held within it and is smart-contract enabled to handle those assets according to different investment strategies. Who makes MultiTokens? Anyone can create a MultiToken fund to take advantage of smart contract-executed strategies like automatic rebalancing, deviation rebalancing, and time rebalancing.
However, investors can purchase ready-made MultiTokens developed and maintained by professional fund managers and traders with proven, successful strategies. The big difference between using manager – kept funds with MultiToken and in traditional funds is that you can burn your MultiToken to redeem the contained assets at any time. Unlike traditional funds, MultiToken never boxes you in.
The entire MultiToken ecosystem is backed by the Ethereum blockchain, making MultiToken funds immutable, global, decentralized, and unstoppable.
To learn more about MultiToken, join the conversation in our growing communities:
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