Building a fully digital custodial bank for all investors
- ICO start: 18. Jun 2018
- ICO end: 21. Sep 2018
Technology: Ethereum blockchain
Abele Group ICO Short Review
The Abele Group will use innovative blockchain technology, which relies on distributed ledgers and operates transparently, with independent validation and verification, to design and launch four phases of the organization including: Abele Trust (PHASE 1), a fully-digital custodial bank which exclusively stores and safeguard investor assets, digital coins and tokens in an institutionally secure manner. Abele Chain (PHASE 2), a fourth-generation hybrid blockchain that is an open source public protocol blockchain and a private permissioned ledger licensed for commercial use. AbeleTS (PHASE 3), a blockchain and artificial Intelligence-powered trade management software. The platform is designed to reduce operational expenses for funds and investors by allowing asset managers to execute and reconcile financial transactions efficiently and securely, therefore resulting in lower expenses for all investors. Abele Asset Management (PHASE 4), provides all investors access to actively managed funds with investments in cryptocurrencies and traditional assets.