TrustVerse 2023 Roadmap: Road to Digital Asset
TrustVerse: Universe of Trusted Digital Asset Service Applications on the Blockchain
Digital Asset Service Roadmap 2023 (28 March 2023)
Blockchain-based infrastructure is necessary to support digital assets for several reasons:
1. Security: Digital assets are prone to hacking and theft, and blockchain provides a secure, tamper-proof way to store and transfer assets. Each transaction on the blockchain is validated by a network of computers, making it extremely difficult to manipulate.
2. Transparency: Blockchain provides a transparent ledger of all transactions, making it easy to track the ownership and movement of digital assets.
3. Accessibility: Blockchain-based infrastructure allows for faster, cheaper, and more efficient transfer of digital assets compared to traditional methods, which can involve intermediaries and take longer to complete.
4. Decentralization: Blockchain-based infrastructure is decentralized, meaning it operates on a distributed network of computers rather than a central authority. This reduces the risk of single-point-of-failure and enhances resilience against attacks.
Overall, blockchain-based infrastructure provides a more secure, transparent, and accessible way to manage digital assets, making it an essential component of the digital asset ecosystem.
The TrustVerse utility token model aims to offer comprehensive digital wealth management services, covering all process stages.
TrustVerse provides a digital asset-focused infrastructure that includes wallet services, secure private key management, a platform for legacy planning, and ongoing management of digital asset portfolios. Additionally, TrustVerse plans to introduce a tokenization strategy and technology soon and partner with established traditional exchanges.
TrustVerse leverages blockchain technology to offer practical services, providing a complete digital asset infrastructure.
Our Key Focus for 2023 and 2024
TrustVerse has outlined several key initiatives to further its mission of providing comprehensive digital wealth management services. These initiatives include:
§ Building a reference case around MasterKey-Security to promote secure management of all digital assets and projects. The company aims to implement this globally with 5 to 10 projects.
§ Build a use case on MarS wallet to support the Aergo NFT ecosystem and expand to additional projects and platforms.
§ Implementing tokenization technology to enable institutions and individuals to tokenize assets.
§ Providing thematic portfolio basket reports and digital asset analytics data to help clients make informed portfolio decisions to probe the market.
§ Re-introduction of Pluto-Legacy Planning model for other layer-1 protocols (TBD)
What does it mean?
§ Building a reference case around MasterKey-Security to promote secure management of all digital assets and projects. The company aims to implement this globally with 5 to 10 projects.
o The statement means that TrustVerse is creating a case study or model scenario demonstrating how MasterKey-Security can be used to securely manage digital assets and projects. The company plans to implement this approach on a global scale and aims to use 5 to 10 projects as examples to showcase the effectiveness of their solution. In other words, TrustVerse wants to use real-world examples to demonstrate the benefits and value of MasterKey-Security for digital asset management.
§ Build a use case on MarS wallet to support the Aergo NFT ecosystem and expand to additional projects and platforms.
o To store and manage NFT (non-fungible token) assets, you will need a wallet that supports the Aergo/ERC-721 standard, the most common standard for NFTs on the Ethereum blockchain. Wallets supporting Aergo/ERC-721 tokens include MetaMask, MyEtherWallet, Trust Wallet, and Coinbase Wallet. Additionally, some platforms, such as OpenSea and Rarible, have built-in wallets for NFTs. It’s crucial to ensure that your wallet supports the specific NFTs you want to store and keeps your private keys secure.
§ Implementing tokenization technology to enable institutions and individuals to tokenize assets.
o Tokenization technology allows traditional assets, such as real estate, stocks, and art, to be represented as digital tokens on a blockchain. By tokenizing assets, they can be divided into smaller fractions or shares, making it easier to trade and own partial ownership of the asset. Tokenization also enables assets to be traded 24/7 on a global scale, without intermediaries, which can lead to lower transaction costs and greater liquidity. Furthermore, tokenization allows for greater transparency and security, as transactions are recorded on a public blockchain ledger, and ownership of the tokens is secured using cryptography. As a result, tokenization technology has the potential to unlock new investment opportunities, increase market efficiency, and democratize access to traditionally illiquid assets.
§ Introduction and providing thematic portfolio basket reports and digital asset analytics data to help users make informed portfolio decisions.
o A crypto portfolio is a collection of digital assets that a user holds, intending to achieve a particular investment objective. Crypto baskets, on the other hand, are digital asset portfolios grouped based on specific investment strategies, themes, or sectors. Both crypto portfolios and baskets can offer several benefits to users, such as:
o Diversification: Holding a portfolio or basket of multiple cryptocurrencies can help reduce overall portfolio risk by spreading it across different assets.
o Exposure to different sectors: Crypto baskets can expose users to various sectors of the digital asset market, such as DeFi, NFTs, or privacy-focused cryptocurrencies.
o Active management: Crypto portfolios and baskets are managed by professional investment managers, who can analyze market trends, perform research and adjust the portfolio as needed to optimize performance.
o Access to new markets: Investing in crypto baskets can provide users access to new and emerging markets, such as the blockchain and cryptocurrency.
o Overall, crypto portfolios and baskets can provide users with greater flexibility and diversity in their digital asset investments, allowing them to take advantage of various opportunities in the market.
Communication: Marketing Strategy and Plan
TrustVerse is committed to providing education and informative content about its blockchain solutions, including MarS, MasterKey, Pluto, and Digital Asset Analytics. Clients can find more information about the actual developed applications and their real-world applications through TrustVerse’s Medium, blog, and social media channels such as Twitter, Facebook, Telegram, and Kakao. Additionally, TrustVerse will share bi-weekly updates on the progress of its projects, keeping ecosystem partners and its users informed of the latest developments
