MEET CASPIAN- A DECENTRALIZED PLATFORM THAT SEAMLESSLY COMBINES CRYPTOCURRENCY EXCHANGES IN A SINGULAR SMART HUB INTERFACE

in #crypto6 years ago (edited)

Having to be in the cryptocurrency ecosystem is becoming to much work due to overwhelming release of cryptocurrencies and listing in different exchanges, one needs to be well acquainted with several exchanges in order to effectively track their portfolio.

With the advent of cryptocurrency projects been listed on different exchanges, there arises the challenge of effective monitoring of one’s portfolio using different tools for different exchanges due to diversity of algorithms. A particular crypto can be listed on Huobi Exchange for instance, at a particular starting price, and also on Poloniex, with a different price. Hence there is need for effective management of trade execution to enable traders receive optimal asset profits at the minimum slippage time.

Digital assets, most especially cryptocurrencies are experiencing exponential growth, with daily trades across all crypto exchanges averaging 18billion USD. This statistics shows the massive influx of traders into the cryptocurrency market. Traders who are at the verge of facing management issues of their portfolio in various exchanges.

Managing multiple balances on multiple exchanges can be very tasking , with the gargantuan tasks involved in checking and cross-checking portfolio over the exchanges and the plethora of issues facing particular exchanges, one could pray for a simplified, user-friendly and well-equipped singular platform to manage his/her cryptocurrency portfolio.

Lack of security ravaging different cryptocurrency exchanges causing loss of assets and rendering cryptotraders bankrupt is another issue that needs immediate attention and effective solution.

Furthermore, there is need for effective auditing, compliance and reporting of individuals trades for effective management of funds and auditing of user-expertise and trading skills.

INTRODUCING CASPIAN- A ONE-STOP SOLUTION TO CRYPTO TRADING PORTFOLIO MANAGEMENT

Caspian is a Cloud-Based platform with distributed services, built around a microservice architecture and functionality accessed via thin UIs and APIs.”

Caspian WhitePaper, pg. 14

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Caspian is the brain child of the conglomerate between two tech companies who are giants in the trading and cryptocurrency industries, “Tora Trading Services Ltd., A global leading Cloud-based front-to-back tech provider to buy-side institutions; and Kenetic Trading Systems Ltd.,a leading blockchain and Cryptocurrency investment firm”

Caspian WhitePaper, pg. 3

Caspian is a one–stop solution because it aims to bring all cryptocurrency exchanges and their various functionalities and algorithms on one console, giving individuals and institutions an opportunity to effectively manage their portfolio across different exchanges, seamlessly.

Some of the key features of Caspian includes:

• Price aggregation across exchanges
• Information on Bid/Ask prices
• Position and Order summaries
• Account execution from different exchanges
• User choice of direct orders or use of Smart Order Router

BENEFITS OF Caspian

Caspian Platform was built to provide solutions to the various challenges traders and institutions face in using different exchanges in managing their portfolio, hence the benefits of Caspian to individuals and institutions alike are enormous, the features of Caspian that will encourage massive adoption of cryptocurrency traders by traditional traders and institutions have been divided into three (3) major categories, incorporated into the three (3) major functionalities of Caspian platform:

1. Execution Management VIEW DEMO:

Several exchanges utilize different forms of order and execution management system, which most times can be very confusing to traders, Caspian team came up with an idea of a unified management system, which would serve as a control center for trader.

This Main hub interface would allow for fast trading across different exchanges and would incorporate all features of each exchanges using the exchange API Algorithm. It would serve as an effective tool to allow traders:

• View portfolio across different exchanges on a singular dashboard
• Create and send orders for trades to different exchanges using a simplified tool and algorithm for effective research and development
• Receive real-time information about market changes in bid/ask prices and other market statistics across different exchanges.
• Choose to send orders directly into the cryptomarket on one or different exchanges or using the Smart Order Router designed by Tora Ltd.
• to view order history and receive notifications as trades are initiated and continued
• Build in self-strategies for trades and align them with different exchanges, enabling alerts when a particular trigger-point is reached
• View progress of trades and quickly react to new changes in the market using available tools,thereby increasing efficiency in portfolio management, and lots more

2. Position and Risk Management VIEW DEMO:

From the little knowledge of FOREX and Crypto trading i have,an effective Risk Management Plan would include not exceeding (3-5)% of the traders capital on each trade. Trades on most exchanges are very volatile and do not allow for effective Risk Management,

Caspian Position and Risk Management tools provides the trader with full insight of his trading positions across exchanges and effective risk management information and exposure to view and know his efficiency in risk management at any point in time.the Position and Risk Management tool, works together with the execution management tool, keeping records of all transactions for historical data presentation. Some of the features of the Position and Risk Management tool includes:

• User-friendly reconciliations of traders data and effective record keeping to ensure good auditing for portfolio managers,firms and institutions.
• Re-balancing of investments spread across different exchanges which were meant for different purposes, hence allowing for recovery of investments from different exchanges.
• An Allocation Engine, that allows trades to fix trades and positions from a single interface and distributes to different exchanges following an algorithm that will ensure effectiveness in returns and works based on different strategies as designed by the trader.

3. Compliance and Reporting VIEW DEMO:

As every solution requires compliance to set rules and regulations, Caspian platform have specially tools that will ensure effective compliance to the trading plans set by traders, firms and institutions, these tools are divided into four major modules (engines):

A. Compliance Engine :

Concisely, Caspian Compliance engine is loaded with several functionalities to ensure that user defined levels and limits of trades are not exceeded, these varieties of functions spans across both pre-trade limits and post-trade compliance, including warning limits, approval limits and absolute limits.

B. Reporting Engine:

The Reporting Engine is an effective tool for data storage, process verification, auditing, template creation as well as positional analysis created by Tora Ltd., it providers traders with a whole new method of functionalities engaged in enabling safe reporting of all activities by the trader as required in different formats, including PDFs, text files, etc.

C. Importation of Data:

This module will effectively be utilized to make Caspian platform a “one-stop shop” for all data concerning exchanges as it would utilize several features including API integration from different exchanges to ensure optimal information and data analysis from all supported exchanges showing on the Caspian platform.

D. Online Dashboards:

Integrating Tora’s Reporting Engine would allow traders seamlessly organize their trading portfolio seamlessly and save setting online using different file types which are easily accessible online.

GRAPHICAL SUMMARY OF Caspian TECH

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WHY Caspian WILL HELP CRYPTOCURRENCY ADOPTION FOR INDIVIDUALS AND INSTITUTIONS

Caspian Architecture has various ground breaking features that would catch of every firm and institution seeking for a better investment opportunity and expanding their client’s investment portfolio. Some of these wonderful features includes:

1. EXCELLENT PERFORMANCE:

Caspian platform is designed with high performance in mind,it is created to be a solution to all clients need, including fast transactions with low latency. “Specifically, Caspian is designed to handle up to 50,000 orders and 400,000 executions per day per user, with a throughput of over 2,500 orders per second.”
Caspian WhitePaper, pg. 15

2. INTEROPERABILITY:

Caspian platform is built to interact with different exchanges using several tools and APIs that will ensure interopability, hence allowing institutions to utilize features of different platforms on a single dashboard

3. SECURITY:

Caspian platform has developed a solution to the lack of security issues faced by different exchanges and have set up several parameters to ensure adequate security including, server encryption, API signings, 2-factor authentication, etc

4. ADAPTABILITY

By leveraging Tora’s development team of over 150 people, Caspian platform is able to adapt to any change or innovation in the crypto industries, such as new exchanges with different algorithms, new digital assets, changes in tradeable products, etc

5. SUPPORT:

Caspian platform has created 247 online support system for trader in the case of issue, this is to ensure effective user-platform relationship and help in the development and adaptability of the platform to ensure effective user engagements.

6. AUDIT:

Firms and institutions most times have issues during auditing, even portfolio managers always look out for effective means to keep and manage the audits of their trades. Caspian platform provides the solution to auditing by providing users with Compliance and Reporting tools which can be retrieved and exported at any time. This would drive mass adoption of cryptocurrency by firms and institutions.

Caspian Tokens (CSP):

Caspian tokens is the Token of the Caspian Ecosystem, it is an ERC-20 utility token, based on the Ethereum blockchain, targeted to be used to drive user participation in the Caspian platform, and ensuring massive development of third-party Apps and engagements for the Caspian platform.
Four major uses of the Caspian Tokens:

1. Shared between users and developers in the platform

2. As a form of reward system from the platform to the community in several instances

3. As a “staking” currency in the platform with several forms of discounts for users.

4. As a form of value to encourage engagements in the platform

Caspian ROADMAP:


Caspian MANAGEMENT TEAM:

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Caspian ADVISORS:

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Caspian PARTNERS:

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Caspian ILLUSTRATION VIDEO:


FOR MORE INFORMATION, PLEASE CHECK OUT THE RESOURCES BELOW:

Caspian Website
Caspian WhitePaper
Caspian Steemit
Caspian YouTube
Caspian Twitter
Caspian Telegram
Caspian Videos
Caspian Blog
Caspian Events
Caspian News
Caspian Linkedin
Caspian Management

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All Unsourced images were retrieved from Caspian Website ,Caspian WhitePaper and Caspian Twitter

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My twitter Share Link

https://twitter.com/IamChijamz/status/1029352992670138369

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