The increasing cases of fraud have affected the finance and alternative assets industries. Despite this, clients and investors in these industries are still being subjected to high management fees even as the performance of their investments decline. The blockchain technology emerged in the wake of the financial crisis and the distributed ledger technology of blockchain was seen as the innovation that would ensure decentralization and transparency in the different industries investment management industry included.
What Is Blockchain Terminal BCT?
The blockchain terminal (BCT) is a blockchain technology-based platform that delivers a powerful set of tools that can be used in the management of wealth. The platform provides innovative applications while also allowing for ad hoc audits and real-time compliance enforcement. Cryptocurrencies using this platform will benefit from sophisticated platform tools for front and back-end operations in addition to having an assurance from a compliance framework that provides security to investors across the digital asset class.
The key distinguishing feature of the platform is the hybrid ledger that integrates both private and public blockchains to enable the platform to execute its services. The ledger is based on the Ethereum blockchain that can be used and addressed by BCT applications, a set of modular productivity tools and services that are supported by the blockchain terminal foundation.
Blockchain Terminal Cryptocurrency Platform Features
This is the foundation of the blockchain terminal. It gives a deep compliance framework that satisfies strict hedge fund requirements.
The exchange integration used by the cryptocurrency uses the complianceGuard technology to show information on the majority of the 1,400 cryptocurrencies. This happens in a compliance-vetted environment.
The platform uses an open ecosystem for third-party app developers so that they can create powerful tools to address the traditional and digital assets while at the same time meeting the most current compliance requirements.
The users of the platform get role-based identities using established web-root of trust so that a layer of transaction accountability can be created.
Blockchain Terminal Benefits
Transparent Audit Trail
BCT stamps all the transactions to the distributed and immutable ledger. The platform further records notes and documentation in a tamper-proof and secure environment.
Business Rule Logic
Alerts are propagated through the post-trade and pre-trade compliance rules that are specified in the execution and order management systems.
Real-time monitoring and visibility is possible into instances of concern, mandate specific and regulatory compliance. The platform will also enable the ad hoc, and remote audits of transaction data in case there are compliance issues.
The simple interface on the platform allows for the identification and selection of carefully curated applications that support different front, middle, and back office investment lifecycle activities. Applications in the platform are built on a compliance framework and meet standards of ease of use, completeness, user support, and secure operation.
Supports Cryptocurrency As An Asset Class
The information sources and professional tools connect traditional hedge industries with the expanding cryptocurrency investments
Support Third-Party Application Development
The developers of BTC and other established vendors will benefit from the use of a productive, effective, and advanced environment. They will also benefit from the open and distribution channel provided by the platform.
Blockchain Terminal BCT ICO Details
Blockchain Terminal is launching an ICO for their BCT utility token on March 16th. The BCT token is an ERC-20 compatible token built on the Ethereum blockchain.