TrakInvest also migrates towards the public ledger Hedera Hashgraph
The TrakInvest virtual operations and investment tracking platform is planning to migrate to the Hedera Hashgraph, which functions as the Internet trust layer, providing a new form of distributed consensus with people who never need to trust each other.
This fits perfectly with the objectives of TrakInvest, which is already involved in processes related to trust, such as the tokenization of academic certifications, reputation systems and commercial data ownership.
Through collaborations with educational institutions, corporations and states, TrakInvest has successfully provided digital certificates, skill programs and employment opportunities. With the Hedera Hashgraph, the Digital Certifications Program (DCP) will be developed to design the necessary infrastructure for Asian institutions to incorporate academic certifications in blockchain.
The founder and CEO of TrakInvest, Bobby Bhatia, expressed his pride in collaborating with Hedera on several fronts, believing that it is the platform and technological solution most suitable for TrakInvest to achieve its objectives: "execute your current and planned product offers, including certifications , Trak IA, prediction tools and financial products ".
Empowering retail investors
While the migration to Hedera will bring immediate benefits in the form of performance improvements, security improvements and lower transaction costs, the Hedera Hashgraph public book will also solve several DLT problems related to speed, cost, security and equity.
TrakInvest allows dominant investors to have control of their assets, allowing them to "learn, share, win" better through record keeping and transparency, complemented by sophisticated AI and analytical tools that facilitate strategies and take of decisions.
Students can enroll in a program to certify their business skills or obtain expert information, while veteran investors can access market data in real time from around the world.
The key function of TRAK allows users to control all trading data in real time, in addition to sharing it with other users of the platform for a fee. Also, given Hedera's ability to handle hundreds of thousands of transactions per second, TrakInvest's high demands for transaction volumes and micropayments will eventually be met.
Added to this, the platform will help investors to get a deep insight into the data sets quickly, exceeding the speed, volume, diversity and speed of the markets that make manual analysis impossible.
Once TrakInvest's IA Engine tool is activated in August 2018, it will focus on analyzing heterogeneous market data to obtain new knowledge of crypto-market through its TrakInvest Knowledge Graph, Sentiment Engine and Continuous Learning initiatives.
The Hedera head of Asia Pacific, Edgar Seah, highlighted TrakInvest's innovation in building a global business resource driven by DLT, commenting that Hedera "will allow developers to build a new class of distributed applications that had never been possible before, and are excited that TrakInvest has selected Hedera as their platform of choice. "