REVIEW OF TRECENTO BLOCKCHAIN CAPITAL(TBCap) TECHNOLOGY & USE OF BLOCKCHAIN

A technology said to be good when it used to improve our processes, monitor our activity and our performance.Trecento BlockChain Capital uses different tools to use blockchain solution.As we know Trecento BlockChain Capital is an all-in-one service offering it’s also provides tools based on blockchain technology to use their services.Trecento SAS group is going to use the blockchain technology in various levels of TBCap.
Let’s see WHY use of Blockchain technology in TBCap?
⦁ The first use is Token Sale.They use Ethereum ERC-20 for their ICO and Token Distribution.Becase Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications.
⦁ Online Onboarding is the second use of blockchain technology.They will use blockchain to whitelist their users and ETH addresses based on online KYC(Know Your Customer)/AML(Anti Money Laundering) technologies and partners.
⦁ Fund Management : They use Smart Contracts for fund management which allow the performance of credible transactions without third parties.Using this they can collect funds directly from investors and distribute the fund shares.Also investors can exit the funds and get their money back.
⦁ NAV Calculation : Net Asset Value (NAV) will be calculated in real time and will be recorded and saved on Blockchain twice a day.Becase blockchain is secure to maintain the data.
⦁ Reports : They will register all their reports on Blockchain so it is permanently accessible and fully transparent.
TECHNOLOGY
They will use blockchain in various levels of TBCap.The following figure will exhibit the influence of Blockchain technology on TBCap.

TBCap uses Blockchain and Ethereum Smart Contracts to collect money online in easy manner.As we know in real world to invest in a fund is complicated and takes many days.
But using Blockchain & Smart Contract technology the process is very simple and take less than 1hour, with the same level of compliance and a better level of security.
So that blockchain use in various level of TBCap.Let’s see investment steps using Smart Contracts.Smart Contract will manage subscription / redemption orders for any individual investors.Also it calculates the NAV automaticaly and allocate its money into the funds as invertors chose.As we know Smart Contracts is an open source and audited so anyone can check the Smart Contracts and their conditions and processes.
Investment Steps
⦁ Investors need to register on their online platform that is TBCap.
⦁ Need to upload investor’s ID, Selfie and complete Personal & Financial
⦁ Information as KYC/AML procedure.
⦁ Next step is to add investor’s ETH address.
⦁ Investor need to fill the Risk Profile Questionnaire.
⦁ Investors have to Read, Accept and Sign (online manual signature) the Smart Mandate.
⦁ When everything is finished and validated, user/investor & ETH Address are whitelisted.
⦁ Money send to to the Smart Contract by investors.
⦁ Using Smart Contract, investors can make a redemption order whenever they want.
TBCap will have a strong security policy based on blockchain and Each internal tool will use an Access & Rights management to segregate the use & permissions.
To conclude blockchain technology has many benefit and the follwed points which I mentioned explained the use of technology and influence of technology in TBCap.We will be knowing deep about TBCap in the upcoming articles.
Author
Bitcointalk Username: BoxerRobert

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