On Tuesday, Wealth Migrate announced the launch of its new online investment marketplace that features integrated blockchain technology as a way to enhance security and privacy protections for investors from all over the globe.
According to Wealth Migrate chief information officer, Jaco Maritz, many financial services providers are currently experimenting with the transformative power of blockchain and distributed databases, but only a few have successfully integrated the technology that benefits global investors looking for higher security and assurance. Founder and CEO of Wealth Migrate, Scott Picken noted:
“Investing across borders is a complex process often wrought with fraud. At Wealth Migrate, we are committed to our vision of using financial technology to help investors everywhere have access to world class commercial real estate investments in currency stable markets. However, with the real dangers of fraud, we wanted to give global investors an additional level of security and peace of mind with the ability to have an un-editable record of their investment, providing them extra transparency in the process.”
Jay Thomson, chief digital officer of Wealth Migrate, also explained:
“It is all about trust when it comes to investing, and this technology provides the foundation to enhance our three core values of Wealth Migrate: trust, transparency, and alignment of all parties involved. Blockchain helps us achieve our Vision, where WealthMigrate.com is the premier online investment marketplace where anyone in the world can invest in any amount, in any property, anywhere.”
Maritz then commented:
“The technical incorporation of blockchain into our marketplace will provide our investors with a number of benefits, including greater protection of personal information, enhanced compliance, the inclusion of smart contracts, and decentralized confirmation of their transactions. We have gone out of our way to create the most secure and compliant online real estate investing marketplace across the globe, whilst achieving our ongoing mission of making it ever more simple, safe, and easy for investors at every level.”
Wealth Migrate added that in addition to the blockchain integration, the marketplace has other features coming, including automated investment advice and specialized investment products depending on investment goals.