After hearing of the Caspien platform over a twitter discussion with a friend, I took it as yet another crypto exchange in the making which is trying hard to build a niche for itself in the crowded industry. But I was totally wrong, as well as in for something way bigger and way exciting than my expectation.
Caspian is a well built suit of offering which offers the cryptocurrency investors an edge with tool kits aimed to streamline and aggregate various online crypto value assets in various wallets and exchanges into a well suited platform that enhances an investor security, visibility and mutability of assets spread across various platforms in a well developed and integrated platform.
Caspien is the brain child of two unique firms Tora and Kenetic, each of which have successful track records in asset management and cryptocurrency market. They have studied, understood and modeled a solution to the challenges always facing the regular cryptocurrency and institutional investors which includes :
• Unreliable Trade Execution
• Lack of Security
• Lack of Reporting and Compliance
Caspien will approach trading in the perspective of offering investors within the highly volatile crypto market a well suit of package which provides for a risk management approach to trading. Here within a trade, the investor isn’t restricted on the upper margin of return on investment while still providing for a Limiter function within the application to secure against incurring a huge loss in an unforeseen downwards market. This acts as a loss stopper enabling the investor to ascertain before a trade the maximum risk margin allowable over the investment being made. This is attainable by the smart Toras algorithm framework, developed by the creative team which offers easy, intuitive trading strategies a trader may utilize to maximize return on investment at same time minimizing the risk associated with such investments. Alerts and a email responder is also incorporated into the platform to enable traders and investors get notified timely on presubscribed events to keep them sharp on events as well as enable timely response to the slightest market changes to help place the investor in a more favorable market standing.
The Caspien platform also addresses the security challenges always associated with traditional cryptocurrency investments. Exchanges are vulnerable to hackers, which have lead to many investors losing billions of dollars in the last few years alone. Private key of transactions and funds are acquired, encrypted and saved to mitigate such effect. Trading and transactions is done within a total end to end encryption of transactions within the platform to avert the risk and losses associated with such security breach on an exchange.
It is also well acknowleded that a lack of a unified reporting mechanism and a global analysis tool and platform over an investors electronic funds within various exchanges have been identified as a chief contributor to an investors fragmented approach on decision making and strategy on how to reacts to change and events within the cryptocurrency market. This is set to end as the Caspian platform provides a global "Gods eye" to to investor enabling all assets and transactions to be more visble and accurately implemented within the platform. this aids to bettwr channel the investors area of focus wile still catrring for other assets within the market which could be reviwed upon quickly for analysis and transactions.
The Caspians platform at this point mustn’t be viewed as a competitor to the already existing cryptocurrency exchanges but as a platform and tool which help aggregate all information via porting into all inveators subscribed exchanges API and presenting them with more enabling catalytic tools to into a single view to enable investors make best of market events, minimize security risks to drive more organic growth which will make crypto currency more mainstream within the society.
More information on the platform and its offrrings can be gotten through the links below
Website : https://caspian.tech/
White paper: https://caspian.tech/#!/whitepaper-download
Medium : https://medium.com/@Caspian_Tech
Twitter : https://twitter.com/Caspian_Tech
You could also participate in Caspian Steemit writing contest to earn some wonderful rewards.
Subsecibe with link below.
https://steemit.com/crypto/@originalworks/910-steem-sponsored-writing-contest-caspian
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caspiantwitter https://twitter.com/NairaPropeller/status/1029609331128451077?s=19
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