Last updated on April 14th, 2022 at 11:14 am
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In its quest to serve its customers more efficiently and effectively, Cryptosmart is upscaling to Algorand blockchain.
Cryptosmart, Africa’s No. 1 B2B Crypto Asset Management company is set to move from its manual process to blockchain products in accordance to its road map.
In its roadmap, Cryptosmart is expected to launch its blockchain products in Q4, 2021. The digital products to be launched are;
- Bitsave protocol
- CS Asset management
- Enterprise safe
- DeCom – Decentralized Commerce
- Centralized Cross-chain P2p marketplace
- Upscale Launchpad
Bitsave
The Bitsave protocol will enable users to perform SaveFi which is a cross between saving on crypto and performing DeFi activities. This will enable users to save, earn and lock their Algos, $CSA or derivatives of other assets by making unlimited deposits with at least $10 periodically.
CS Asset Management
In contrast to the traditional management system which makes use of spreadsheets, individual users and enterprises will use the CS Asset Management dApp to keep track of their assets and get real time data regarding their profit. This will help users to be in full control of their assets with up to date information.
Enterprise safe
As businesses and companies are growing, they seek to save their company’s operational budgets and profits in stable coins using a digital safe. The enterprise safe will be used for this purpose and the specified signatories will be required before any withdrawal is approved and transaction is completed.
Decentralized Commerce (DeCom)
This will bring decentralisation into the world of commerce where buyers and sellers will interact with each other having locked digital products and services on a smart contract using $CSA for payment.
Centralized Cross-chain P2P marketplace
Holders of Algos will have a platform to exchange Algos for stable coins or cryptocurrencies on other chains.
Upscale Launchpad
We believe that 2022 will see institutional adoption of blockchain solutions as 2021 saw institutional investment in bitcoin. The Upscale Launchpad will be beneficial to already existing businesses that would like to move their businesses to blockchain and create their own token thereby serving as a means of generating more funds for businesses.
According to Karla Obakpolor, the founder of Crypotsmart;
“The Algorand Blockchain Structure makes it incredibly effective to build protocols. Apart from having a thriving developer’s community, they come neck to neck with some of the world’s top DLS (Distributed Ledger Technology) structure service providers.”
About $CSA
$CSA is a utility token to access Crypto Smart Asset Management for individuals and enterprises and also a community token for rewarding members of the community.
Here’s their scheduled AMA with their TG community on WED 1st DECEMBER 2021.
About Cryptosmart
Cryptosmart is a B2B Crypto Asset Management company founded in January 2021 by Karla Obakpolor, a blockchain business developer and Algorand ambassador in 2020.
Cryptosmart offers fast and secured services which are based on a well encrypted system with 24/7 customer support services. Cryptosmart has grown from offering its services to individuals to companies and major enterprises as well as providing crypto education through various crypto courses.
About Algorand blockchain
Algorand blockchain is the world’s first pure proof-of-stake foundational blockchain designed for the future of finance. Its technology enables a set of high performing Layer-1 blockchain that provide security, scalability, complete transaction finality, built-in privacy, Co-chains and advanced smart contracts that are essential in a FutureFi world.
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About The Author
Tony Chimdiuto