Quotient Capital Invests in Blockchain Payment Processing and Music Platforms
MELBOURNE, Australia, Nov. 25, 2017 /PRNewswire/ -- Blockchain has been making headlines globally with governments trying to regulate the industry or businesses churning up new ways of utilizing the technology. Some believe that the technology solves deficiencies in traditional processes while others are wary of the unknown circumstances that could arise. The general consensus however, is that blockchain will continue to remain and impact our lives.
As Bitcoin enters the financial spotlight, increasing seven times in value this year alone, attention is quickly drawn towards the blockchain technology. Most people have started to realize that the importance does not lie merely in the token in play, but in the concealed technology that grows in awareness.
When enterprises like Quotient Capital explored the capabilities of blockchain, they were amazed by the array of improvements the technology could bring, particularly in the financial services.
Blockchain is effective in solving complex processes, using a universal ledger that is private and secured. Every activity is transparent and unable to be manipulated, resolving trust issues as trust is constructed into the core of the system.
Quotient Capital has been actively searching for innovative blockchain applications that businesses have to offer and invests in them. The thriving industry has generated returns that have surpassed the equities market.
A blockchain payment processing platform allows businesses to digitize assets and facilitate reliable transactions online. The application aims to provide fast, safe and affordable financial transactions by using encrypted ledgers in the absence of any intermediaries. This way, the process is expedited at a lower cost. In the future, smart contracts can be implemented in which the ledger automatically executes orders, thus further improving speed of delivery and eliminating any room for error.
The Blockchain Music Platform is another useful application of the technology. Today's providers protect their content through a series of consumer restrictions. Blockchain allows individual files to be stored on a decentralized network and is able to verify the user's credentials autonomously, enabling payments directly to the contributing artist. This benefits artists and users greatly as record labels cease to collect the lion's share of the artist's creation.
Quotient Capital
Quotient Capital is a blockchain asset investment management company founded in Australia, 2004.
The firm started as a conventional asset management company before focusing primarily in the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.
Quotient Capital currently has 5.8 billion USD assets under management and five offices globally.
SOURCE Quotient Capital
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