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There are different facets of the development of Blockchain technology including different approaches to solving the puzzle of decentralization. Bitcoin started the revolution, but since then, different models of decentralization have been adopted by fintech platforms and digital currencies alike like IOTA’s Tangle DLT technology that takes it one step further than Blockchain and SkyCoin’s futuristic approach. Hedera Hashgraph is also a unique approach to the DLT that is being adopted by up and coming coin projects.
TrakInvest is one of the platforms that is going to use the Hedera Hashgraph DLT to develop its app. TrakInvest is invested in the idea that the Hedera Hashgraph’s useful approach proposes and will use it to develop different features on its app.
What is TrakInvest?
TrakInvest is a virtual trading platform that issues tokenized academic certifications, reputations systems and trading data sharing systems for the development of the coin economy. In addition to being a trading platform, TrakInvest is already heavily involved in partnerships with universities, upskilling programs and job opportunities through its wide-ranging partnerships.
One of the flagship projects of the TrakInvest that will utilize the Hedera Hashgraph DLT is the Digital Certifications Program (DCP) which aims to create a virtual decentralized system based on Blockchain to bring academic certifications of Asian institutions on a public DLT.
According to Mr. Bobby Bhatia, the founder & CEO of TrakInvest, the integration of Hedera will be crucial to the plans going forward:
“We are very proud to be working with Hedera hashgraph on a number of initiatives. We believe Hedera will provide the best in class platform and technology solution for TrakInvest to execute its current and planned product offerings including certifications, Trak AI prediction tools, and financial products,”
TrakInvest is primarily a trading company and aims to provide access to trading data of people and companies to other people while bringing transparency to the system. One of the most unusual features developed by the TrakInvest team is the TRAK option that allows traders to share their previous data and real-time data to other users for a fee. Hedera DLT will prove extremely useful in this endeavour as it has the ability to process thousands and thousands of transactions per minute thus making it an ideal application for high-volume initiatives.
An all-new AI tool developed by the TrakInvest team will allow useful market insights from the data. The TrakInvest AI includes three key initiatives including TrakInvest AI engine, TrakInvest Knowledge graph and Continuous Learning.
The Hedera Hashgraph migration will be carried out in the near future that will usher in a new phase of development of the platform.
Visit the Website: https://www.trakinvest.com.