The XRP ledger has been one of cryptocurrency’s greatest sources of innovation in the past few years, and one of the most encouraging projects to come out of this world-famous blockchain is Sologenic. While cryptocurrency projects around the world attempt to bring blockchain to various corners of the world economy, Sologenic is aiming even higher. Sologenic is creating an entirely new blockchain ecosystem that enables its users to tokenize all financial assets, even those that come from traditional financial markets. With this capability, users around the world will gain access to secure, easy-to-transact assets that they can use to transfer value, invest, and manage their financial assets.
Delivering value to financial investors
In modern and fast-paced cryptocurrency markets, one of the largest deterrents in attracting traditional financial investors to this new space is the lack of ties between the realm of cryptocurrency and asset-backed traditional markets. With Sologenic, the gap has been bridged. Traditional investors can now see the connection between electronic currency and the stability of traditional markets. With this sense of security, Sologenic is not only helping to make managing tokenized assets easier, but also opening the eyes of traditional investors and attracting new money to the world of cryptocurrency.
With Sologenic, blockchain assets are no longer the stuff of theory and hypothetical. You can now tokenize your real assets and transact them just as you would with any cryptocurrency. This also produces the potential for more industries surrounding this new ecosystem and even new investment opportunities for people all around the world. The growth in tokenized assets opens up the entire world of finance and gives access to even the disenfranchised.
Sologenic is open for business
One of the most impactful effects that Sologenic has had on the world of finance is its ability to provide access to financial markets to those that never before have had access. Investing in traditional financial markets is often complicated and costly. With Sologenic, anyone that owns XRP is able to access the trading pairs, assets, commodities, equities, ETFs, and any other financial product all while staying on the blockchain. The ease with which people who are new to investing can get started bodes well for the entire economy, not just the cryptocurrency ecosystem.
An easy-to-use overhauled financial system
While the benefits of Sologenic to serious investors is clear, and the implications on the traditional financial world are heavy, Sologenic is able to offer even more to consumers and everyday users of financial assets. Sologenic is planning on rolling out crypto credit cards, a decentralized asset exchange, and increased tokenizing capabilities to allow you to keep almost any asset on the blockchain. The results and implications of this kind of financial overhaul are enormous.
While traditional financial products are meant to be used by everyday people, they often are plagued with unnecessary bureaucracy, market inefficiencies, hidden fees, and other negative aspects that heavily impact the consumer. A Sologenic ecosystem provides an escape from these issues and a fresh take on what it means to be a participant in the world economy.
Seamless transitions
While other cryptocurrency products and blockchains present problems with liquidity, flexibility, and processing times when converting to and from traditional financial assets, Sologenic is making these transactions quick, easy, and secure. You’ll be able to virtually instantly bridge the gap between your traditional financial assets and the world of possibilities that cryptocurrency assets have to offer. With this newfound flexibility and wider class of assets, you can invest, spend, transact, and earn all while bypassing the worst parts of these transactions.
Looking ahead for Sologenic
It has become clear that Sologenic has undertaken one of the most ambitious integrations in the history of finance and already delivered some of the most innovative financial solutions that the world has ever seen. As they move forward, they will continue to bring their mission of providing the world with a more efficient financial system to fruition and delivering increased economic opportunity to even the most underserved areas of the world.
Written By C.Lombardo, CNIR Staff
