The problem with the traditional asset management system is that it stores data related to asset transfer in multiple databases, resulting in conflicting data repository schemas, data synchronization, and reliability issues. Moreover, such systems do not allow traceability and have a complicated and long-tail onboarding process.
We offer solutions for efficient asset management on Stellar that overcomes all the prevailing challenges in the system. The Stellar blockchain enables institutions to trade and exchange assets using the decentralized exchange platform. It allows users to transfer, hold and track their assets simultaneously, making the entire operations reliable and efficient.
Benefits of Asset Management
Real-time asset tracking
It allows businesses to monitor assets across the entire organization effectively. It benefits asset managers by keeping them aware of revenue inflicting issues as they happen instead of waiting for a physical check or a report.
Asset management encompasses risk identification and management that helps organizations plan and prepare risk mitigation operations in advance.
Blockchain-based asset management allows users to control their data and ensure no one else can access or manipulate the data.
Remove ghost assets
Sometimes stolen, lost or damaged assets get erroneously recorded on the ledger. Strategic asset management enables firm owners to be aware of the assets that have been lost and remove those from the ledger.
The Stellar blockchain network maintains time-stamped records of transactions which makes it possible to trace back to the provenance of a transaction.
Looking to implement the Stellar asset management solution into your business?
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.