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The future of asset management is on the blockchain

3min Read
The future of asset management is on the blockchain

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In a world of increasing political uncertainty and instability, our economy is following suit.

It is hardly surprising that so many people are feeling nervous about the depreciating value of their assets and the inherent lack of transparency that is present in our current banking systems.

As a result, more people than ever are taking precautions to preserve what they own.

Unless you’ve been in hibernation for the past few years, you’ve probably already realized that one of the most popular methods being adopted by an increasing number of people is investing in cryptocurrency.

Is Crypto the Way Forward?

The cryptocurrency industry has taken some massive leaps forward in a very short space of time. If the current level of development continues, there is little doubt that the sector will continue to thrive for the foreseeable future.

There are many benefits to cryptocurrency, and, by extension, blockchain technology

It has unparalleled levels of transparency and security, and smart contracts are already beginning to revolutionize a number of different industries around the globe, from healthcare, to finance, to supply chain management.

However, we can’t ignore the fact that it is still in its initial phase, and its future is largely uncertain.

As a result, there are a number of roadblocks that we need to overcome, from technical restraints to limiting government policies, that are contributing to the extreme volatility and unreliability of cryptocurrency that are the main reasons why many people are so hesitant to invest.

Before cryptocurrency can ever become a widely-adopted medium of exchange, a reliable standard of value must first be guaranteed.

Why People Are So Hesitant to Invest in Crypto

Just like political turmoil and recessions pose a threat to the stability of fiat currency and can often lead to a steep decline in value, security threats and sudden changes in regulation can severely upset the cryptocurrency market and send the value of assets plummeting in mere minutes.

Combine this with the fact that crypto currently has no structured financial model or even a standardized taxation policy, and it’s easy to understand why people are so hesitant to invest their money.

Right now, crypto is a heavily sentiment-driven market. The only people who are willing to participate are those who understand the risks and are prepared to lose their investments.

Finding a way to simplify the management of cryptocurrency investments and other digital assets, could be the stepping stone we need to bring crypto further into the mainstream.

Simplifying Asset Management on the Blockchain

The demand for asset management is increasing. However, despite most peoples’ desire to have more control over their assets, the barrier to entry for access to services provided by traditional financial institutions remains high.

This is where the blockchain can provide some notable benefits.

Companies like TrustVerse are solving the problem by combining blockchain technology with artificial intelligence and deep learning to create a brand new decentralized application [dApp] that provides users with the optimal financial information required for digital asset management.

The platform provides a stable, low risk-medium return portfolio, and a reliable smart contract system that simplifies legacy planning, inheritance organization, and the transfer of digital assets.

Even if you have very limited experience when it comes to trading and investing, the platform is equipped to help you to significantly lower your risks and lower the volatility of your portfolio by helping you to arrange your assets in such a way that will help to protect you against unexpected market fluctuations.

Essentially, the platform acts as a one-stop-shop for everything you need, from managing your portfolio, your taxes, and your identity, to distributing your assets after you die.

Michael Tsang, the Formal Managing Director at Alibaba Group Americas & Microsoft HQ, Seattle, has said,

“In radical paradigm shift in blockchain and AI, TrustVerse will be the most comprehensive data driven portfolio management service for asset management related stakeholders.”


Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.
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