SPINDLE (Unique Investment/Asset Management Platform with Utmost Transparency and Fairness)

iamadebolaji (9)in #spindle • 7 years ago

Spindle is an investment /asset management platform with unalterable, highly transparent information based on blockchain and smart contact technologies. It records the operators plans, history and performance with cryptocurrency using blockchain technology, so customers can judge investment options based information that cannot be falsified.

AIM

Spindle aims to educate people, without much investment experience, that investment and asset management is an enjoyable way to enrich their life and mind through Spindle.

In consideration of the above-mentioned aim, the SPINDLE core team has launched the SPINDLE platform, ZETA initiative, with the goal of realizing the ideological concepts disclosed in WP 1.3. The initiative was renewed from what was suggested in WP 1.3 during the first three months of 2018 in tune with the world affairs.

ZETA is a series of implemented programs that realize the creation of autonomous human beings advocated by SPINDLE.

The specific aim of ZETA are as follows:

Fair & Free Investment/Asset Management Platform: To create autonomous human beings, ZETA aims to establish a transparent and fair platform that will enable more people to enjoy a rich life through investment/ asset management.
Automatization of Credit Scoring: Unrestrained credit scoring information without any room for arbitrary intervention of authority will make big data very important in the cryptocurrency economy.
Post Decentralized Fundamentalism: ZETA will adopt many distributed architectures to realize SPINDLE ideals, but continue to believe that real decentralization is a myth.

Zeta would be developed by the following steps:

Monitoring & Reporting Service: ZETA-1 is a monitoring & reporting service platform that utilizes a Blockchain technique that is currently under development by BLACK STAR&CO., Inc. ZETA-1 offers premium services to cryptocurrency exchanges, crypto hedge funds, and cryptocurrency investors. All ZETA-1 users can use all of its functions free of charge. You can confirm fund profiles, past transactions, and reports for free.

Unique Distributed Exchange: ZETA-2 will release, a uniquely distributed exchange. This exchange plays a significant role in the ecosystem of virtual currencies, is obviously a centralized service. However, this centralizes service is potentially dangerous; it may cause massive loss, including the problems caused by Mt. Gox and the largest money theft ever in the history of mankind from Coincheck.
Distributed Credit Scoring System: ZETA will implement a dispersed credit scoring system based on the data accumulated from ZETA-1 and ZETA-2. There is a way for trust to be scored in centralized organizations. However, due to its inherent flaws, fairness is being lost, as represented by credit companies doing a distorted evaluation of personal paying capacities for their own convenience and Sesame Credit developed by Ant Financial Services Group, an affiliate of the Chinese Alibaba Group recording QR code payments, which may in turn be offered for state-enforced regulations at any time. These systems are centralized legacies that no longer guarantee the most important quality: fairness.

Thank you for reading this project.

To know more about this project, you can visit: