Genesis Vision The Modern Trust Management Market With Blockchain

The era of globalization triggered the growth of many industries, be it small, medium or large scale. By classification, most industries grow in marketing. However, there are still many industries that use traditional management and technology that have not been adapted to the latest.

Industrial growth can still run steadily, but the existing trust management mechanisms do not meet the requirements standards of modern investors and managers. As a result investors are more tied to the broker / exchange, plus the absence of reliable information or statistical data. This prevents investors from choosing their options and limits their ability to attract new funds.

The lack of transparency further exacerbates the situation, where brokers have the technical ability to influence data on their trading history and manager statistics. This makes the mechanism of investment, distribution of profits and commissions hidden in the realization of trading platforms, and closed to market participants.

It has detected many fraudulent actions in the trust management market. Many ponzi schemes are created under the guise of currencies, stocks and other asset trades. Fraudsters use the fact that technological solutions for trust management by default are very complicated and not transparent to the user. As a result, customers lose their money in an instant, and investor confidence in the overall market begins to fall.

The natural reaction for this situation was tightening the regulations in this sphere. Nowadays companies have to come a long and expensive way in order to obtain licence for trust management activities. Conscientious companies have to implement complex and costly reporting and auditing systems as well as to impose serious restrictions for investors. Obviously, neither companies nor investors benefit from that. However, offshore companies continue operating without licences and deceiving their clients.

All of these factors lead to serious limitations on the potential of market participants, lack of usability, and lack of trust.

Despite the visibility of the existing problems in the industry, for the past 10 years, the mechanisms of interaction between market participants have not undergone significant changes. This indicates the need to introduce new technologies that will change the current situation.

One of such it technologies trusted can become the blockchain. Implementation of blockchain will allow trust management market to achieve transparency and efficiency on the technological level. This will help to regain the trust to the market. Besides that, it will attract the attention of new companies and the investors of the new digital generation.

Genesis Vision is a decentralized trust management platform built on blockchain technology and smart contracts. Blockchain technology provides indispensable advantages, such as openness, immutability, and censorship-resistance of all stored information, whereas smart contracts, which will be carrying out investment and profit distribution, make these processes completely transparent and open.

Each manager in the Genesis Vision network has his own cryptocurrency. The size of the issue depends on successful trade statistics. The process of transferring funds to the manager is carried out by buying a manager's cryptocurrency on the internal exchange.

There are two advantages in use of Genesis Vision, namely:

1. Advantages for Private Managers and Funds:

There are increased opportunities to attract investors from any country;
Transparency and fairness of report construction guarantees fair competition between all manager;
There are excellent opportunities for promoting your own trading strategy to attract more investors;
There is increased investor confidence, due to guaranteed transparency, which will lead to an increase in the average investor’s check;
Managers issue their own branded cryptocurrency, which can be feely traded by investors.

2. Advantages for Brokers:

There is centralized company;
Broker have an opportunity to attract investors from all over the world;
Participation in the network is free with identical term for all participants;
All necessary software is open and free. If necessary, it can be further adjusted to meet the needs of the broker;
Due to the openness of Genesis Vision software, brokers can be sure that their data is not compromised or disclosed;
Brokers have the right to do any marketing, use any methods of attracting managers, and establish any trading conditions for managers;
The system does not require any information about the broker’s client base.

To support the project, Genesis Vision will deploy Initial Coin Offering (ICO). For more detailed information about this token sale, please visit the official site of Genesis Vision in here, or can read the whitepaper here.

Genesis Vision has a team of experts and qualified in their field for project development, following the composition of the Genesis Vision team:

TEAM