AlphaPoint is a blockchain technology that aims to bring blockchain infrastructure to financial institutions and other industries. Here’s our AlphaPoint review.
What Is AlphaPoint?
AlphaPoint is a New York City-based FinTech company that provides institutions with blockchain technology and infrastructure. AlphaPoint’s products are designed to issue, track, and trade digital assets while being secure, scalable, and customizable. In other words, they plan to provide institutions with enterprise-grade blockchain technology.
So far, AlphaPoint has created two core products, including its distributed ledger (blockchain) platform and its digital assets exchange. The company also has 20 corporate clients and has conducted over $1 billion in transactions. Recently, AlphaPoint introduced a third product called an exchange remarketer.
Some of AlphaPoint’s clients include names you’ve probably heard of – like Bitfinex. Other cryptocurrency clients include CoinTrader, BitcoinsNorway, and MexBT. Outside of cryptocurrency, AlphaPoint recently completed a successful test with Scotiabank.
AlphaPoint offers two core products, including its blockchain and its digital asset exchange. The company also recently introduced an exchange remarketer.
AlphaPoint Distributed Ledger Platform:
This is AlphaPoint’s enterprise-grade blockchain technology. It can be rapidly developed and deployed across a wide range of financial products and services.
Digital Asset Exchange Solutions:
AlphaPoint’s digital asset exchange solution is a full-featured exchange available to customers. The company also provides fully hosted options. Users can customize and launch their own bitcoin exchange in under 20 days with AlphaPoint’s technology.
This is AlphaPoint’s automated market-making tool. It leverages third-party liquidity sources, and supports multiple source exchanges and smart routing with automated account management.
All AlphaPoint platforms emphasize similar benefits, including enterprise-grade security, maximum performance, and a launch-ready architecture.
For security, AlphaPoint’s products go through external tests to eliminate corner cases. Platforms are optimized with minimal exposure design patterns, and the operator database and assets are secured with military-grade practices.
AlphaPoint is also built with multiple countries and currencies in mind. The company has demonstrated an ability to integrate its blockchain technology and platform in under 30 days worldwide. Its exchange platform, for example, supports multiple languages and a variety of national currencies and digital assets, including USD, GBP, EUR, JPY, CNY, Bitcoin, Ether, etc.
AlphaPoint’s exchange and blockchain technologies advertise all of the following features:
- Ultra high performance architecture built to handle global scale industries while making everything flexible and easy to manage
- Capable of performing up to 1 million trades per second
- Fully supported on Linux and Windows
- Simple systems management
- System performance will always be top of the line
- Ground-up implementation from enterprise professionals for a bulletproof system
- Built, managed, and tested by best-of-breed security, database, and systems experts
- Error detection codes on every record
- Fully persistent database
- Quick failover support
- Simple systems management
- Based on the same rock solid architecture used by major trading systems used by the world’s largest banks
- HFT capable systems
- Advanced risk systems
- Monitoring and alerts
- Fail safe modes
AlphaPoint has offices in New York City, Philadelphia, and San Francisco. The company has over 20 customers and over $1 billion transacted on the platform since being founded in 2013. AlphaPoint is led by a team with 150+ years of financial technology experience.
In 2014, the company made headlines for raising $1.35 million in funding to expand its digital currency exchange.
Back in 2014, AlphaPoint was led by CEO Vadim Telyatnikov. In a statement from 2014, Telyatnikov says the company sees itself as the Intel of the blockchain industry:
“We see ourselves as the Intel Inside, with our clients marking themselves as their own brands and we’re the technology on the back end.”
Vadim is now listed as a “Board Member” for AlphaPoint. Other key members of the company include founders Jack Sallen and Joe Ventura.
AlphaPoint’s partners include Microsoft, Ethereum Enterprise Alliance, Coin Center, the Chamber of Digital Commerce, and DCG Connect.
Meanwhile, notable clients include CME Group, Scotiabank, BTCC, Bitt, FlowBTC, and others.
AlphaPoint is a distributed ledger platform and exchange platform that’s changing the blockchain and financial industries. The company offers a blockchain platform and a digital exchange. It can implement that technology into an existing platform in under 30 days, worldwide, for a wide variety of financial products, services, and verticals.
You can learn more about the New York City-based company online by visiting AlphaPoint.com.