Offshore multi-asset broker Larson&Holz IT Ltd has announced a strategic partnership with Genesis Vision, a decentralized trust management platform built on blockchain technology and smart contracts.
Discover credible partners and premium clients at China’s leading finance event!
The deal aims to enhance Larson&Holz’s offering, which was recently developed for creating a crypto version of a retail forex broker. Under the broker’s new separate division, LH Crypto, the company plans to transfer the existing business model into the crypto environment, where all ongoing operations with traders’ accounts will be processed in cryptocurrencies only.
Larson&Holz IT Ltd is registered in Saint Vincent and the Grenadines and offers access to various OTC markets, including forex, CFDs and binary options. The broker claims it doesn’t not need to acquire any licenses since it facilitates transactions and keeps funds only in a blockchain–based environment.
Genesis Vision has developed a platform for a private trust management market based on blockchain and smart contracts which serves as an ecosystem for traders, investors and brokers.
The startup reflects an unconventional trust management system, which unites exchanges, brokers, traders, and investors into a decentralized network, making the financial market even more global and interconnected.
Genesis Vision constitutes the first platform to make a foray into the private trust management market, harnessing Blockchain technology and smart contracts. The platform itself emphasizes a more globalized outlook, whereby successful traders can broadcast their trading strategies by attracting investments from around the world.
Earlier in September, Genesis Vision has become the first initial coin offering to successfully receive certification from the Financial Commission.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube
