Dedicated Cryptocurrency Fund TaaS Starts its Initial Coin Offering

TaaS, a tokenized closed end fund dedicated to Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term assets, has launched its Initial Coin Offering (ICO) today, which will last until April 27, 2017. The venture will issue tokens built on a profit-sharing smart contract where token owners receive 50% of the quarterly profits.

TaaS co-founder Dimitri Chupryna said: “TaaS’ model solves the major problems faced by early adopters of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, issues that make it impossible for institutional or traditional investors to access the world’s fastest growing market. We have designed the TaaS platform to reduce the risks and barriers faced by investors when entering the surging blockchain and cryptocurrency space.

Experts from across the world have declared that blockchain technology will shake up many industries in the coming years, and those looking for a trusted access to this extraordinary market will be able to invest through TaaS during our crowdsale.”

Innovation

To provide transparency into non-Ethereum token investments, TaaS has built in-house Cryptographic Audit technology, which is a set of autonomous auditing techniques that track, record and timestamp trading activity. The developers say this technology ensures that all profits are properly recorded, money flow is transparent, and the company is in possession of all declared funds.

As we previously reported, the TaaS team is also developing Kepler, a Bloomberg-like portfolio management and analytics platform for cryptocurrencies. Kepler is meant to cover the entire spectrum of the investment process, providing market research, due diligence and order management as well as risk exposure and performance forecasting.

“TaaS hopes to deliver significant and long-term changes in the blockchain industry and cryptocurrency market. We believe the vision and technology underpinning TaaS and Kepler will transform digital currency investments and we are eager to see its progress,” concluded Chupryna.