Financial disruption is one of the hottest topics today. Many startups are trying to revolutionize financial services, helped by the rapid advancement of blockchain technology.
The blockchain ecosystem is busy developing applications that will replace and complement traditional banking products, such as Cryptocurrency payment systems, wallets, centralized/decentralized/hybrid exchanges, peer-to-peer lending, money transfer services, and a variety of applications that are expected to disrupt the current financial services environment. Such applications are supported by a framework based on the decentralized ledger technology, which enables a wide reach in an un-censorable environment.
As any ecosystem in its infancy, the current environment is highly scattered across various platforms, each performing a bundle of independent services with very low levels of conversion and synthesis.
Today, in order to make a simple exchange transaction (such as alt-currency exchange), you may have to juggle 3 to 4 interfaces. Typically you would have your bitcoin wallet, exchange wallet, and receiving wallets. These, plus the various switching between platforms, which will typically increase the probability of errors (reaching up to 5% of total value of transaction) constitutes a major drawback for the average user.
We believe that, in addition to having superior applications, the ecosystem is in need of a solution that enables the aggregation of information and support of decision making, which will translate into one platform, accessible by all. CryptalDash™ is a suite of tools enabling a dashboard and financial-product-comparative experience across a variety of platforms. Using our artificial intelligence and tools, we plan to achieve the user experience currently provided by traditional banks with extended services ranging from aggregated pricing feeds and comparison to decision making supported by artificial intelligence. We believe it’s the best way to enable a mass adoption of the blockchain technology.
CryptalDash™ is already achieving significant advancements, and plans to have infrastructure in place prior to the Initial Coin Offering (ICO). Already, CryptalDash™ has the necessary technology and arrangements to offer a seamless intgration with the blockchain ecosystem’s main platforms and applications, providing a frictionless user experience.
CryptalDash™ is in position to offer the leading single-access interface and tools that will appeal to retail banks’ existing customer base, enabling a rapid technological adoption and mass user acquisition.
In addition to focusing on the user experience, CryptalDash™ will provide innovative solutions for both individual customers and businesses alike, improving the price and product discovery contributing to a frictionless ecosystem and market.