The rise of cryptocurrencies has led to an increase in many investors putting money into digital assets such as BTC, ETH, LTC etc. However, even with this rising interest, it is still pretty difficult to come up with a model that allows causal investors to find a means of making tangible investments.
Othera is an all new crypto based investment platform that aims to redefine “digitisation and trade of alternative assets” for both the originators and investors. Not only that, it also allows us to unlock debt, as well as leverage assets so as to increase increase our profit ratios. Other key aspects of Othera include:
(i) Transparent Dealings:
In order to make the system completely clear and free of any discrepancies, everything from the loan origination, to loan repayments (even the trade of a single digital token), is made to be registered on a private blockchain.
Othera is unique in the sense that it helps minimize transfer costs via means of simple, electronic trades of tokens. These transactions take place between lenders and investors on a common exchange system.
(iii) Good Yield Potential:
The global economic engine is slowly recognizing the fact that digital tokens now represent ‘a new class of fixed income’. Thus, as a consequence of this, digital assets that have the potential to be syndicated and used for common transactions, also have the power to appreciate quite heavily (in monetary value) with the passing of time.
Other Key Aspects To Consider
As mentioned previously, Othera is based on blockchain technology that helps redefine the way digital assets are created, issued and traded.
(i) Serves as a Lending Platform:
Through the use of Othera, users are given access to an automated lending system that also serves to help in the digitisation of loans. In addition to this, it also allows for the ’segmentation and pricing’ of digital loan tokens.
(ii) Token Exchange:
This platform also serves as a basis for conducting digital asset exchange in real time.
(iii) Helps in Settlements:
The automated algorithms have been designed to allow for a seamless transfer of tokens, as well as disbursement of funds to the appropriate holders.
Who Is Behind Othera?
John Pellew is the CEO and Founder of Othera. In terms of his background, John has previously built and sold “two U.K. based startups”, and possesses over 20 years experience in business and banking. He has worked for many esteemed institutions in varying capacities. Some of his past employers include the RBS in the U.K. and CBA in Australia.
Conor Svensson is the head Blockchain architect for this project. He is seasoned technologist, and has managed various teams at companies such as UBS, ANZ and Deutsche Bank. He has worked in various positions, and has been responsible for delivering risk assessments, regulatory reports and creating algorithmic trading platforms.
Lastly, Conor is the author of “web3j”, a book that clearly describes the relationship of ‘Java library with nodes on the Ethereum blockchain”.
How Do I Make Use Of Othera?
For interested users, there is an option to make use of a trial ‘demo’. To download this software, users can get in touch with company officials via the ‘contact us’ page on the website. Not only that, potential clients can also submit their doubts and queries in relation to this project on the same page.