Blockchain: the financial market revolution

The main consequence of the huge impact of new technologies on the financial sector has been the desintermediation. Today we are  welcoming crypto assets, a new way of investment that comes together with the blockchain. 

T-Advisor, a digital portfolio management software for independent advisors has become a community with access to the best tools to manage financial investments. Financial assets that, as well as the whole financial system, are being affected by disruptive technology.  

The blockchain is revolutionizing conventionalism in the negotiation of any transactional asset. We are witnessing the transformation of the existing assets,  the incorporation of real assets in the financial markets and possibly the disappearance of other assets that soon will have no sense in the sector. 

T-Advisor is making huge advances on improving its added value by adding this kind of assets, with the purpose of creating portfolios and generating reports that already have these digital assets.

The cryptocurrencies are an example, maybe the earliest one known, that is shaking the traditional financial market. As everything new and unknown and in this case, non regulated, these cryptocurrencies have the same amount of defamers and fans that find this new way of investment as a great opportunity. 

But there are several barriers that cryptocurrencies still have to overcome to become a well known and accepted asset: become legal in the eyes of governments and regulators, provide price stability by generating advantages for both merchants and consumers and  allow a global reach in the payment market

One thing is for sure, cryptoassets are going to be a revolution for all investment platforms. We are in front of a revolution in the stock markets because now the client is going  to be able to buy a port of a building or a piece of art. Blockchain is going to achieve something as big as what the Internet achieved years ago, because it is going to be a decentralized information system. 

And the users of our solution already know about this: “cryptocurrencies have been in the market for a while and  clients are the ones demanding more information about them and the blockchain. “They are going to be something very important inside our solutions and for the whole market” says the managing director of TechRules, Raúl Lacaci. 

Cryptoassets use this blockchain technology, something that increasingly is going to affect more industries. Investment digital platforms are already using it, because it is a single registry, agreed and distributed in several nodes of a network. This allows secure and transparent commercial transactions through wealth management softwares and Robo Advisors. 

For all this, blockchain is going to be essential to guarantee clients´ security and confidence when buying assets and managing their wealth. From now on, financial institutions and service providers will be the ones in charge of guaranteeing strict regulations without illegal actions like money laundering in this type of transactions, so banks and advisors can securely manage their wealth.

At TechRules we are always searching for new innovative ways to adapt our wealth management solutions to the latest technologies and this is why we create our own initiatives that allow us to experience first person the real impact of disruption. Some time ago we developed a project in which we worked with a notary that was in charge of certifying the authenticity of each asset. Communication with the client is key, with a transparent process that makes the user more and more confident with this new way of investment.