Backgroud:
Overview
In bitcoin and etheric investments, I believe that everyone has recently broken the big trough of successive peaks since the peak period in August, and many investors have experienced more gains and losses in the period than most of the psychological tolerance, and even the future. There is a possibility that there will be a zero return; in the old traditional investment market, the investment funds of the stock market and the property market will continue to flow inflows each year. The investment environment in the traditional market is relatively mature and stable relative to the current currency circle, but the Chinese investors must be Investment in the U.S. market has certain financial thresholds and foreign exchange conversions, as well as high transaction fees, which hinder the cross-border investment of global investors.
On the brickblock platform, the project is addressing the issue of huge currency fluctuations in digital currency risk. Brickblock has set up three traditional funds. Each fund has its own denomination and asset certification tokens. Investors hold their own BTC and ETH through the platform’s token exchange platform, investing in the traditional investment market to obtain a stable increase in the value of physical assets hedge against the risk fluctuations of digital currencies, making transactions easier, and the conversion between digital currency and cryptocurrency Can be seamlessly connected.
Market pain points
- The fluctuation of cryptocurrency is relatively large. Investors fully bear this risk and may even bear the risk of zeroing.
The reason why digital currency attracts emerging investors in the market is that it has tremendous benefits behind the huge risks. In August, projects that have doubled in value but nevertheless doubled in value, and investment in blockchain digital currencies can be participated by global investors. There are no national borders, all use BTC and ETH for investment, not exchange foreign exchange; but at the same time the market trading volume is small, the impact of the news is huge, moving is tens of percent volatility, the risk is too great.
- When private investors participate in global investment, they are subject to local government restrictions on free trade, and various countries have different investment taxes. Diversification of investment and putting eggs in different baskets are wise choices. .
In response to the pain points in the two current investment markets, the project’s solution is to allow digital currency investors to invest in real estate funds, exchange-traded funds (such as the S&P 500 Index), and coin management funds through a streamlined investment process. For example, if you currently have $100 BTC assets, you can put your BTC into the real estate fund directly on the brickblock platform, but you don’t have to convert the original traditional investment method into US dollars, the platform will help you automatically Conversion. Investment in the real estate market is managed and audited by fund managers. Because the real estate market has a stable income from rent, the previously digital encryption market has effectively played a convenient and hedging hedge role.
On the brickblock platform, the digital currency risk issue of the huge fluctuations of the project and the restriction of private investors’ global asset investment are solved. Digital currency investors carry out real estate funds and exchange-traded funds (such as the S&P 500) through a streamlined investment process. Index), as well as coin management funds to invest, you can put your BTC into the fund directly on the brickblock platform, the platform will help you to automatically convert cryptocurrency and foreign exchange, to achieve convenient and efficient investment, on the one hand is a huge encryption market The volatility, on the one hand, is a stable risk investment in the traditional market, and it can hedge against value. The idea is relatively novel. If the investment fund pool behind the platform itself is running steadily, it is a good derivative hedge. The risk point is whether the fund manager’s management level can run the fund pool steadily, and the function of the token is not clearly expressed. The necessity of the token is doubtful. If only the BTC and ETH are to be collected, the meaning of token exchange is where? Is it just a symbol of equity? The vision of the project description is very promising, and whether it can be run in the future will be further tracked. In the future, the Root team will continue to follow the progress of the project to track and report.
What is BrickBlock?
Brickblock is the first infrastructure platform to seamlessly and transparently connect crytocurrency and physical assets.
With Brickblock, traders, cryptocurrency holders, and investment institutions can achieve a diversified portfolio. On this platform, users have the opportunity to use an encrypted digital currency to invest in real assets such as exchange-traded funds (ETFs) and real estate funds in a way that pays dividends on a regular basis. In addition, encrypted trading funds provide diversified investments in just one transaction within the cryptocurrency. For all transactions, you receive a unique token, legally accessing assets, and ensuring that the assets are safely stored.
BrickBlock Team
JAKOB DRZAZGA (co-founder): 5 years of experience as a real estate developer and 16 years as a co-founder of brickblock, Jakob will be the real estate fund manager for Brickblock.
MARTIN MISCHKE (co-founder): 12 years of access to encrypted assets, the establishment of Bitcoins Berlin — a Bitcoin payment company, formerly co-founder and former chief financial officer of Bitwala, a remittance, adjustment and international payments The blockchain bank that was delivered as the main business, founded Brickblock jointly for 16 years, and had many previous Fintech and blockchain-related entrepreneurial experiences.
PHILIP PAETZ (Chief Strategy Officer): Just joined the team for 2 months. Before that, he worked as a digital expert advisor at McKinsey. He was good at planning and leading digital change.
BrickBlock is a team from Germany. Here are the team key personnel:
Martin MISCHKE, co-founder, Martin is the former chief financial officer of Bitwala, a co-founder and former CFO, a blockchain bank whose main business is remittances, tuneup, and international payment delivery. He is also one of the founders of Bitcoins Berlin, the European Bitcoin Startup Business Incubator. In addition, Martin is also operating Transistor, Germany’s largest financial technology joint space.
JAKOB DRZAZGA , co-founder, Jakob will be the real estate fund manager for Brickblock. Once a real estate developer, he has experienced many obstacles to the traditional investment in the financial sector and also understands the hidden costs behind traditional investment. He believes in the disruptive power of Ethereum’s virtual machines and believes that the decentralization of financial markets is inevitable.
PHILIP PAETZ , Digital Strategist, Philip has worked as a digital expert and technical director of McKinsey. He is experienced in planning and leading digital transformation. He is familiar with multinational companies in various industries and has rich experience in banking, insurance, telecommunications, consumer goods or real estate industries. Good at planning and leading digital changes. He has witnessed the potential revolutionary impact of blockchain technology and believes this is the next milestone for the Internet.
MARIUS HANNE , developer, Marius has long been interested in open source and peer-to-peer networking and is the first Bitcoin developer. In the bitcoin-ruby project, he created a complete bitcoin node, so he clearly understood this complex currency encryption technology. He co-founded a p2p Bitcoin market, brawker.com, and he was Cubits, the technical director of the largest Bitcoin payment processor.
ADRIAN KIZLAUSKAS , developer, Adrian advocates an open, free network and participated in the open source project Unhosted.org, which was the first decentralized application. After the emergence of the Bitcoin blockchain, Adrian became more obsessed with exploring the possibilities of distributed systems and decentralization. As a full-stack developer, in the Brickblock project, Adrian’s work focuses on the architecture and implementation of intelligent protocols.
VINCENT POWER , Consultant, Vince is a senior advisor on global bank payments. He actively participated in the development of the SWIFT network and served as a senior adviser to the European Central Bank (ECB). He is responsible for the clearing and settlement of more than 70 EU cooperative banks. As a mathematician, Vince has a soft spot for the blockchain and has now helped Brickblock build an architecture that enables Digital Trust.
Most of the team members are from Germany. They have rich entrepreneurial experience and development experience in real estate investment, financial investment, blockchain remittance, payment and fintech, and have many years of working experience in traditional asset management. The technical problems in settlement should not be difficult to fix. The new additions to the blogs are also ongoing. The project is under development. The technical difficulty is above and below. However, the white paper has clearly stated the framework, the probability of landing is relatively high, and the strength of the entire team. Good to give the overall team a higher rating.
technical analysis:
Each fund on the Brickblock platform has its own denomination and Proof of Asset (PoA) token. Brickblock’s Proof of Assets (PoA) program enables users to seamlessly trade tokens and use ERC20D tokens to represent foreign investment in the country.
The basic idea is to create some PoA contracts, each representing a different foreign asset. By linking token contracts with digital trust funds (DTFs), there is a nearly 1:1 combination between the value of tokens and foreign assets. Users can purchase PoA tokens in exchange for their own currency (such as Ether) and receive any dividends paid by the assets through transactions or holding of local currency. Investors can redeem PoA tokens, prompt the DTF to liquidate the corresponding foreign assets, and refund the current market price in local currency.
Brickblock token mechanism
The Brickblock platform is designed with three kinds of tokens: Brickvlock token BBT, access token ACT, and asset proof PoA token, each token functioning differently.
Brickblock tokens (BBT)
The Brickblock contract itself implements ERC20 tokens, which will be distributed to crowdfunding participants in crowdfunding. In addition to being tradeable, these tokens are also needed to generate new access tokens ACT.
Visit Token (ACT)
Visit tokens to pay for fees to run PoA contracts and remain active. They can only be generated by locking the BBT into the access token contract. When the BBT is locked, the contract will record a new ACT to the sender’s account; access tokens will need to run certain features of the PoA contract and destroy it when used.
Proof of assets (PoA) tokens
For ETFs (Exchange Funds) and REFs (Real Estates), PoA tokens represent real assets in the form of securities. The CMF (Coin Management Fund) and the CTF (Coin Trading Fund) represent a claim for investing funds in a secured trading account or custodian’s wallet. Users receive PoA tokens from their funds, which represent legally enforceable claims for basic assets.
BrickBlock highlights and advantages
This brand new 24/7 trading method can eliminate the huge price differentials at the end of stock trading. No matter where the investor is, he can invest without a bank account. Blockchain is not geographically limited.
Currently, clearing and settlement takes two days, and Brickblock can confirm transactions on a non-humanly-changing blockchain in a faster and more cost-effective manner. Brickblock is completely transparent. All changes in the securities account can be traced.
All trader accounts have APIs to track their behavior. A token secured by an asset can directly transfer the risk of a cryptocurrency to a physical asset without first converting the cryptocurrency to a fiat currency.
to sum up:
1, digital currency investors invest in traditional funds through a streamlined investment process, you can directly put your BTC into the fund in the brickblock platform, the platform will help you to automatically convert the currency and foreign exchange, to achieve convenient Investment, on the one hand, is a huge range of fluctuations in the encryption market. On the other hand, it is a risk investment in the traditional market that can be hedged. The idea is relatively novel. If the investment fund pool behind the platform itself runs smoothly, it is a good derivative hedge. The technical level and industry experience of the personnel are giving the project a good impetus to ensure the feasibility of the project. The technology is already in the demo phase and the architecture description is more detailed.
- The risk point of the project is whether the management level of the fund manager can run the fund pool steadily, and the function of the token is not clearly expressed. The necessity of the token is doubtful.
Website: https://www.brickblock.io
white paper: https://www.brickblock.io/Brickblock_General_Whitepaper.pdf
telegram: https://t.me/joinchat/AAAAAERj-_1p8AktrkESlQ
twitter: https://twitter.com/brickblock_io?lang=en
join brickblock ico here: https://www.brickblock.io/private-deal.html
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