MELBOURNE, Australia,
Nov. 25, 2017 /PRNewswire/ --
Blockchain has been making headlines globally with governments
trying to regulate the industry or businesses churning up new ways
of utilizing the technology. Some believe that the technology
solves deficiencies in traditional processes while others are wary
of the unknown circumstances that could arise. The general
consensus however, is that blockchain will continue to remain and
impact our lives.
As Bitcoin enters the financial spotlight, increasing seven
times in value this year alone, attention is quickly drawn towards
the blockchain technology. Most people have started to realize that
the importance does not lie merely in the token in play, but in the
concealed technology that grows in awareness.
When enterprises like Quotient Capital explored the capabilities
of blockchain, they were amazed by the array of improvements the
technology could bring, particularly in the financial services.
Blockchain is effective in solving complex processes, using a
universal ledger that is private and secured. Every activity is
transparent and unable to be manipulated, resolving trust issues as
trust is constructed into the core of the system.
Quotient Capital has been actively searching for innovative
blockchain applications that businesses have to offer and invests
in them. The thriving industry has generated returns that have
surpassed the equities market.
A blockchain payment processing platform allows businesses to
digitize assets and facilitate reliable transactions online. The
application aims to provide fast, safe and affordable financial
transactions by using encrypted ledgers in the absence of any
intermediaries. This way, the process is expedited at a lower cost.
In the future, smart contracts can be implemented in which the
ledger automatically executes orders, thus further improving speed
of delivery and eliminating any room for error.
The Blockchain Music Platform is another useful application of
the technology. Today's providers protect their content through a
series of consumer restrictions. Blockchain allows individual files
to be stored on a decentralized network and is able to verify the
user's credentials autonomously, enabling payments directly to the
contributing artist. This benefits artists and users greatly as
record labels cease to collect the lion's share of the artist's
creation.
Quotient Capital
Quotient Capital is a blockchain asset investment management
company founded in Australia,
2004.
The firm started as a conventional asset management company
before focusing primarily in the acquisitions and trading of
various cryptocurrencies, as well as investments into
cryptocurrency-related companies and assets.
Quotient Capital currently has 5.8
billion USD assets under management and five offices
globally.
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SOURCE Quotient Capital