Caspian: Managing Digital Assets Effectively and Conveniently

in #crypto6 years ago

Investing and keeping tabs with the persisently increasing cryptocurrencies on the market is an all-time laborious ritual. In fact, it can be very demanding. Perhaps, this is one of the many reasons that a lot of people shy away from crypto-investment.

Independent crypto investors and other crypto-users in the fold practically have to babysit their digital assets from cradle to grave and depending on the number of portfolios each man holds, he has to go through particular channels. To cap it up, these channels are fragmented.
Here is where the major problem arises; having to manage multiple portfolios . But luckily, it's what caspian was created to nip in the bud.

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What is Caspian?
Caspian is an interface that affords users (including giant corporate investors, small, medium crypto investors and intending investors too) a means to effectively monitor and manage vagaries of portfolios, all on one platform. With caspian, there would be no need to go through the headaches of monitoring your digital assets or executing orders through the plethora of fragmented exchanges that exist. Caspian mitigates the stress by integrating with all major exchanges so as to avail the user with just one platform.
The project is a product of two giant corporations in the industry; Tora and Kenetic.

Where Traders and investors have the freedom to manage all their crypto assets easily and securely:
As interest in cryptocurrency adoption and investment keeps increasing, there is need to have a system that brings all the different players in the crypto space to one place where they could easily access and manage their cryptocurrency and digital assets

As a crypto investor myself, I can make an endless list of times I have spent trying to get the best deal off an exchange by comparing the price differences on different exchange but at the end of the day I will just settle with a price that could potentially have being lower on another exchange.

Now imagine a cryptocurrency trader handling a barrage of customers who wants their sell/buy orders to be filled on time, at the right price. And then you begin to understand the magnitude of the problem which cryptocurrency traders are facing everyday which is creating room for human errors, poor asset management. Also take into account the hectic work of sorting through exchanges to put tabs on all your crypto assets, then the problem gets compounded amid security risk associated with trading on exchanges.

THE INHERENT PROBLEMS FOR INSTITUTIONAL INVESTORS AND TRADERS
Before we can witness the full adoption of cryptocurrency by institutional investors such as banks, manufacturing companies, retailing ventures and all major industry players, there is need to resolve some of the underlying issues associated with cryptocurrency trading. Some of which are

BENEFITS OF USING THE CASPIAN SOLUTIONS - TRADERS AND INSTITUTIONAL INVESTORS:
Caspian effectively aggregate prices, orders, positions, accounts and executions from multiple platform displaying all this informations on a single platform.

  • A single interface integrated with numerous financial tools to manage crypto assets.

  • Easily interact with various exchanges from a single platform.

  • A decentralised layer ontop of Caspian to allow traders and developers to build appli ations to share data and information analytics.

  • Generate graphical reports on your current trading and position activity in different format such as PDF and Excel.

  • A professional customer service support to its customer.

THIS IS ACTUALLY WHAT CASPIAN INTEND TO CHANGE IN
THE EXCHANGE MARKET:
What is CASPIAN and what is their solution to the exchange markets?

CASPIAN is a venture and technology providers that equip both new and experience investors with a full stack of

caspian logo.jpg financial tools that combine different exchanges by providing the users with a compliance and report functionality in order to be able to interact trade in a single place no matter the exchange they used.
CASPIANaim at changing the way users interact with cryptocurrencies by achieving it through three main core functions which are:

EXECUTION AND MANAGEMENT:
CASPIAN allow users to make use of all financial tools through its platform for them to be able to access all available exchanges including their functions

USER CASE FOR CASPIAN EXECUTION AND MANAGEMENT:
John is a trader and cryptocurrency investor, John intend to be careful choosing an exchange because of the problem most exchanges are facing, he came about CASPIAN platform, so with Caspian John is safe because he will have the opportunity of accessing cryptocurrencies best rates which are available across the exchange market. It is left to choose his choice.

Based on the user case CASPIAN has make impact in John(user) business and has also change the way John (user) now interact with cryptocurrencies trading exchange markets.

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MANAGING POSITION AND RISK MANAGEMENT
Most users have found it difficult to maintain their positions. In order to put this to an end, CASPIAN came up with the solution of the PMS and RMS. These create a uniqueness opportunity for the user to be able to view position and historical data at any time.
User will be enable to view both the current and past historical trades as at time needed and at the sametime CASPIAN also allow users to be able to access their portfolio in one place in order to make it easy and convenient to manage assets by using the process of:

Reconciliation
CASPIAN has created the process by making it a user friendly, whereby it has given the user the opportunity of rolling back transaction in the case of making any corrections.

Rebalancing
CASPIAN applies this process when funds needs to invest and divest without altering, it make it easy to keep track of fund to put back in line with it objectives across multiple accounts

Allocation engine
CASPIAN create the process whereby it allow trading to go through just a single order and account event if trade are intended to be distributed to different funds and portfolios.
It is a process that is in charge of handling the distribution to business units.

Compliance
To develop the exchange CASPIAN implement the compliance process whereby users are given access to set their rules and limit to their trading plans. The compliance engine is used to address the users concerning the rules and limit to consider before pre and after post trade workflows.

The pre-trade limit
These limit occurs before the trade is been done, these are limit that also serves as a delay to execution until those compliance are served and checked in order for completion. These limit are being categorized into three which are the:

  • Warning,
  • Approval
  • and Absolute
    The warning serves as an authorization requested from the supervisor/user to approve at first before being sent to the market and after authorization. It cannot be overridden

The post-trade compliance
These are limit that occurs after completion of trade and this include the reporting back to user as a delivered enquiry such as alerts and reports either through an email or any other mechanism as been schedule during registration.

PISHING OF INFORMATION
Most users are tricked by joining into pishing websites whereas it request for their cryptocurrencies wallet and password and most times this activities are done by the cyber thieves.

HACKING A PAYMENT GATEWAY
Most times when users used a genuine payment gateway with the correct address. It can most times result to loss of money from wallet. Hackers most times confuse users claiming they own the domain.

CASPIAN TO CRYPTOCURRENCIES ADOPTION FOR INDIVIDUALS AND INSTITUTION (USER CASES)
Adoption for individuals
How easier would a trader of crypto find it suitable and intresting when they come across an interface that combined all the largest exchanges and also have the financial tools which made it very familiar and can also track the trade data’s and history for a better transact.
Sam has been too familiar with the crypto world. After some months, he came across Ben in the taxi, en was enthusiastic to tell Sam about crypto and its trading. But, Sam was not eager to hear him out thinking he was just an ordinary person who want to defraud him.
But fortunately one of Sam close friend was into crypto trading then he introduce it to Sam. Sam gave it a try and eventually becoming successfully through crypto trading. After some years which Sam was becoming successful, he stumbled upon CASPIAN where he comes about an interface that combines all the largest exchange he need for his trading which also has the financial tools that he was familiar with and lastly he can also view his data and history for accurate transactions.
As a result Sam adopted crptocurrencies trading and he is now wealthy.

Adoption for institutions
Jane was the financial secretary of a crypto trading company, due to the problem most exchange have, the company has been in fear of one day getting into serious problem, if any cases of hack eventually happen, because 75% of crypto companies are experiencing that upon all cost spent on security. Since Jane also knows about crptocurrency, she stumbled up CASPIAN and told the company CEO. They first couldn’t risk that, but due to CASPIAN features whereby their platform combines all exchange and most especially the financial tools they have. They were amazed and decided to integrate with CASPIAN.
In result of this the company grows more and more in assets and customers.

A situation whereby accounts are manage in different place so also, it takes to deal with different exchanges. This usually cause a lot of stress to users whereby most users due to heavy workload and stress, they looses many of their information’s when there is a case whereby they have a lot to store either offhand and different storages e.g. Passkeys and more.
Conclusively, CASPIAN has made it an easy task whereas the user wont need to scatter their trade information’s in different place and also there will be no need of operating multiple accounts so also dealing In different exchange.
CASPIAN got everything ready for users with all available financial tools needed In just only one place.

PARTNERS
Caspian is proving itself to be the front burner when it comes to asset management and they are on a wavy track going by their recent partnership with Asia's largest digital asset brokerage, Octagon Strategy Limited, OSL. Imperatively they trust in their asset management solutions which shows that Capsian is doing something right and is high time we all take note!

In another news, Capsian partnered with Bitmex exchange bringing the total exchange enrolled on the platform to 10 exchanges.

TOKENOMICS
Developers and traders can get incentivize on the platform by building relevant trading tool for the ecosystem.

Ticker Symbol : CSP

CONCLUSION
Caspian is offering a first-of-its-kind solution to the reason why cryptocurrency adoption is still far and few among portfolio managers,institutional investors and the wider scope.

The key is to develop simple tools that users can easily deploy to monitor their investment portfolios and Caspian is forging the way for increased participation in cryptocurrency to increase its adoption

For more information watch this short feature intro:

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