Blockchain technology is changing the entire financial ecosystem by making it more transparent, trustless and decentralized.Genesis Vision is a project that plans to create an ecosystem that connects investors, managers, and brokers to help investors invest funds in an efficient and transparent manner. With the help of the blockchain technology and smart contracts, Genesis Vision will achieve something that hasn't been tried before. The harmony between the three parties will help create a system that is decentralized and open for the users.
With smart contracts and blockchain, the transactions can be carried out securely and cheaply while maintaining transparency. The smart contracts will eradicate the need for lawyers and cumbersome formalities. Transactions and contracts will automatically take place and won't need external supervision as the contracts are legally binding as soon as the transaction is imitated.
This innovative idea of Genesis Vision will compensate for the lack of transparency, trust, and information that currently exists in the financial sector.
**Problems that exist and the solutions provided**
With the current system in place, investors face the probability of being cheated and getting involved in fraudulent contracts. This happens due to lack of transparency in trade history and integral statistics related to where their funds are being invested. The information associated with the mechanism of investment, distribution of profits and commission is hidden inside the realization of trading platforms and is not open to market participants.
These problems call for better security measures and stricter regulations. However, the implementation of these security measures will lead to additional expenses to companies, which will, in turn, be transferred to investors. The whole process will become costly.
By using the blockchain technology, Genesis Vision wants to incorporate a common open source of reliable information about the statistics of the network participants' activities and an absolutely transparent system of investment and profit distribution built on smart contracts. With the help of secured smart contracts, ICO certification and Escrow services provided by Changelly.com, Genesis Vision aims to help with these problems that exist. Investors will get to interact with managers who are highly qualified and can be picked from anywhere in the world. There is also better availability of investment portfolios for any request, profit distribution is transparent and open and highly secured from hackers.
This platform will provide managers and brokers with international options, a decentralized network that is profitable and efficient. This will help change the way the system of investment works and provide advantages to all the concerned parties involved.
**How it works**
Three main market participants will be united through Genesis Vision. This includes the managers who are in charge of the management of investors' funds and retain a certain share of the profits earned, the brokers who are companies with appropriate licenses to carry out brokerage activities and the investors who are people looking for experienced personnel to manage and trade their funds for profits.
Genesis will provide a unified source of reliable information and statistics. All transactions that will take place will be available for all to see through the public ledgers. It will even provide a convenient and easy way to invest by allowing investors to sell manager tokens at any time. They even allow users to create their own portfolios and investment strategies.
The platform will even provide each manager with their own unique cryptocurrency for investment. Moreover, the profits earned on investment for investors will be divided managers as well, providing a consistent incentive for a better trade.
The process involves investors selecting their managers with the help of information provided. After this, they buy the desired amount of tokens of the manager selected, which will then be handed over to the brokers. Each manager will have a limited amount of coins that will depend upon their rank on Genesis Vision. The process of investment and profit distribution will be transparent and carried out by smart contracts.
**Review**
With the ongoing growth of blockchain, it is but natural to have a platform that will help provide a convenient ecosystem for investors. Genesis Vision has taken all the advantages of the blockchain technology and smart contracts to create a reliable foundation for investment.
People have really shown a growing interest in investing money all over the world recently. As the advantages of having a variety sources of income become a popular ideology amongst the present generation, there will be a strong need for such a platform as Genesis.
Through this project, the team aims to attract almost 100,000 investors and 10,000 managers over a period of 2 years. This just goes to show that the market for Genesis Vision seems very profitable. It would allow it to further develop and grow to allow expansion under the blockchain era.
Keeping in mind the advantages, unique features and solutions provided to current problems offered by Genesis Vision, there is no doubt that it would prove to be a profitable endeavor for investors.
**For more information visit:** [https://genesis.vision/](https://genesis.vision/)
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Writer: Etheran