Hey Bitcoin is developing a one-of-its-kind blockchain-based investment system that will solve the issues of investors by providing them access to a database of verified traders according to the profitability level and risk ratio set by the user.

How does Hey Bitcoin’s blockchain help improve portfolio investments?

Hey Bitcoin is a creating a blockchain-based system which will use smart contracts to track the performance and past results of various traders around the globe. These records are then stored in a secure, immutable blockchain ledger where they provide completely transparent information to the end user (investors) for better investment decisions.

The benefit of using the blockchain technology is that the traders’ records stored in the ledger cannot be modified or deleted, thus investors can be assured of getting access to 100% genuine data about traders’ performance. Another benefit is that the blockchain-powered system removes the need for intermediaries in the investment process, thus saving investors’ much-deserving profits.

How it works

Hey Bitcoin team saw the solution of the investors’ problems in the newly found blockchain technology. With this technology, the team has managed to create a transparent and sophisticated algorithm for automatically ranking difference traders by analyzing their past performances and trade results. By using the traders’ performance data, the system will automatically create a portfolio containing the details of different traders from all around the world. Here’s how will operate and be used by the investors.

The Hey Bitcoin portfolio investment model operates in the following two stages:

Creating a Verified Portfolio of Traders

At this stage, the Hey Bitcoin system will select a number of traders based on their past records. The system will then analyse the past performances and results of these traders and input their records in a portfolio on the blockchain. The blockchain tech will ensure that the traders’ data is immutable and cannot be manipulated with.

Showing Traders Data to Investors

Investors looking for an innovative and transparent portfolio investment system for creating and managing their investments for better efficiency can join the Hey Bitcoin system. After that, they can customize their requirements by selecting the risk/profit level suitable to them. For instance, a user who is looking for moderate risk and profitability can select 20% risk and 30% profitability level in the system.

Now, the system gets to its job and finds out the best and most relevant traders from its database according to an investor’s specific selection of risk/profit level. The focus is on showing the most suitable results based on traders’ performance, skills and trading pattern to match with investor’s requirements. The result investment portfolio will be the best for the investor.

Some of the benefits of Hey Bitcoin’s portfolio investment system includes high reliability, credibility, and transparency in trader selection, increased profitability for investors, efficient portfolio management, etc.

Since there are no middlemen between the investor and the trader, both parties get to keep all their profits. Read more:  https://heybitcoin.io/

How does Hey Bitcoin solve Portfolio Investment Problems?

Over the past decade or so, technology has greatly changed the way we do things, buy things and make investments. The investment industry has been completely dominated by advanced technologies such as blockchain, AI and machine learning, as we see new investment solutions based on these technologies emerging every day.

The blockchain technology, which was invented only about ten years ago, has now become an important part of many business operations. The investment industry is no exception to that. In fact, in the last couple of years, we have seen a number of startups developing blockchain-based solutions for streamlining the investment process for both investors and companies. Heybitcoin.io is one such initiative.

Hey Bitcoin Solving Portfolio Investment Problems

In order to understand the utility of the Hey Bitcoin project, one must first understand the problems the investment industry (investors, companies, and dealers) is struggling with. Let’s get started.

The Problem/s of Portfolio Investment Industry

One of the major problems with new traders is that they are not well versed with the investment processes and things they need to know in order to make better investment decisions. It usually takes years for new traders to learn the techniques of investment and become a professional trader.

On the other hand, the number of professional traders is way too low as compared to demand. This is why the existing traders and companies charge a high fee/commission for their services, leaving investors with small profits. The investors are usually not familiar with the overall investment process, products, etc., so they are compelled to seek the help of professional traders.

Moreover, there is a serious lack of transparency in investment transactions, leading to the risk of failure.

Social trading, which was founded as a potential solution to the above problems of the investment industry, also didn’t prove to be much reliable, as it is not generally wise to bet future results on past performances of investment products.

So, that leaves investors and traders with limited investment options and lesser profitability.

The Solution - Hey Bitcoin

Hey Bitcoin is an investment project which utilizes the power and features of blockchain technology to enable investors to find and connect with the best traders according to their risk profile and profitability needs. Here’s how it works.

Hey Bitcoin is developing a blockchain-based algorithm which will fairly analyze the performance of different traders and will add them to a global database of traders. Now, investors looking to connect with traders can use this database to find their most suitable traders in order to build a strong and profitable investment portfolio. An investor can choose their risk and profitability levels, based on which Hey Bitcoin will automatically show the best traders for the specific purpose.

The best part is that Hey Bitcoin shows completely fair and transparent trader recommendations, which are independent of any particular market or exchange. The underlying blockchain ensures fast and transparent transactions. Moreover, there is no fee charged from either the trader or investor.

Find more about Hey Bitcoin at https://www.heybitcoin.io/assets/hybnwhitepaper.pdf

Blockchain Technology — The Future of Portfolio Investments

Portfolio Investment refers to investment in the form of a portfolio or group, which involves investment in a series of products such as assets, equity, shares, securities, bonds, and more.

Over the past years, the portfolio investment industry has been largely dominated by technology evolutions. New technologies have shown unmatched potential to transform the way investments (trading) are made and managed by us today. Blockchain, being the biggest technology evolutions of our time, is one of the biggest contenders to change the future of portfolio management for good.

As a trader or investor, you must always be at the forefront of change, ready to take the right decisions at the right time. Blockchain can provide ways for investors to more effectively manage their investment portfolios by predicting the market status more clearly and taking better investment decisions based on the actual data and intelligence available at the time.

How is Technology Changing Portfolio Investments?

As of now, the Portfolio investment industry is struggling with a number of issues, low profitability being the major one. Both the investors and traders are affected by the lack of knowledge and awareness which leads them to make wrong investment decisions.

If an investor hires the services of an external portfolio manager, they have to pay a hefty margin for each trade, further reducing the profitability. Similarly, traders are troubled by the lack of knowledge, resources, and technologies to better predict and analyze investment products and take decisions for more profitability.

Advanced technology means such as Artificial Intelligence, Machine Learning, Robo-advisory and blockchain tech are frequently being used by investment institutions and dealers around the world for improving the efficiency of their portfolio management. Blockchain technology, which was created as a way to power secure and global digital transactions, is now seeing applications in a wide range of industries, including investment portfolio management.

Blockchain Technology for Investment Management

There are a number of projects and startups which are utilizing the blockchain tech for improving investment and trading industry. In this article, we will try to understand the importance & benefits of blockchain technology for investment through the example of Hey Bitcoin, which is a blockchain-based solution for portfolio investments.

Hey Bitcoin is one of the few projects that have showcased a successful implementation of blockchain technology in the portfolio investment industry. Here’s how.

The Hey Bitcoin team has created a blockchain-based transparent algorithm which analyzes the performance of investment traders and dealers based on various factors. The algorithm then creates a portfolio (database) of different traders based on their trading performance over time. This database can be browsed by investors worldwide looking for hiring traders for the management of their portfolio investments.

The best part is that investors can select the best traders by using filters such as profitability and risk levels. Based on the options selected by an investor, the algorithm will show the most suitable traders.

The overall aim of Hey Bitcoin is to create a transparent system for ranking and selecting the portfolio traders based on their performance, and not just on the basis of experience. The blockchain technology has been used for creating such a system which provides transparent and verifiable records of traders’ performance. For more details, visit: https://www.heybitcoin.io