Genesis Vision and Larson&Holz Team Up to Enhance Crypto Version of ‎FX ‎Broker

Offshore multi-asset broker Larson&Holz IT Ltd has ‎announced a strategic partnership with Genesis ‎Vision, a decentralized trust management platform ‎built on 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 technology and smart contracts. ‎

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The deal aims to enhance Larson&Holz’s offering, which ‎was recently developed to create a crypto version of a retail forex ‎broker. Under the broker’s new and 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 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 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 that it doesn’t need to acquire any licenses since it facilitates transactions and keeps funds in ‎a blockchain–based environment only. ‎

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 became the first initial coin ‎offering to successfully receive certification from the Financial ‎Commission.‎