Despite recent traction in mass adoption, cryptocurrency remains a complex, inaccessible asset for many who are new to the sector.
Ai seeks to simplify cryptocurrency investing for the everyday user and democratize wealth management worldwide.
Ai, Ray Monner recognized the early barriers to entry for newcomers in the cryptocurrency industry and sought a solution to make crypto and traditional investing easy for the average user.
It is often the case that only those with the highest income are the ones investing in stock portfolios or investment assets, leaving the majority to save and spend in the conventional sense without ever considering the benefits of long-term investment over time.
"For the rest of us who are very busy, to get totally left out of stocks and assets is so wrong".
For far too long, people across socio-economic backgrounds have refrained from investing their savings simply because the process was complicated or too uncertain to allocate a portion of personal funds outside of a visible bank account.
Stacks seeks to democratize wealth management through an easy-to-use mobile application that works by passively investing a small percentage of everyday transactions into assets of the user's choice - cryptocurrencies, mutual funds, securities, and more.
Through partnerships with Plaid API and Uphold digital money platform, Stacks is able to offer digital and traditional asset buying and selling, direct-to-bank money transfer, and in-app portfolio management on a single, seamless platform.
Acting as a financial diet, passive investments into cryptocurrencies or other assets will make the user more conscious of their daily purchases and draw awareness to the importance of investing, even if only a few dollars a day.
Based in Washington state, Stacks is comprised of a small team of expert engineers and developers specializing in UX Design, iOS app development, and cryptocurrency applications.
Stacks.ai Is Using Crypto to Democratize Wealth Management
Veröffentlicht auf Jun 26, 2018
by Cryptoslate | Veröffentlicht auf Coinage
Coinage
Erwähnt in diesem Artikel
Neueste Nachrichten
Alle ansehen
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.