The major problem of The Trust Management

Though it sounds paradoxically, but one of the major problem of trust management is a lack of trust between investors and traders as well as a lack of assurance due to the possibility of falsifications the trading results. This problem is followed by the next ones: counterparties don’t trust each other and that limits possibilities for gaining profit and due to the lack of transparency investors can’t get any proofs of trader’s activities. Every fraud hiding under the guise of a responsive trader can send them fake data and steal their money. It’s a widespread practice on the Internet forums and chats. Credulous investors transfer access to their accounts and assets to absolute strangers and then become defrauded, because on the forums you never know exactly what kind a person are you talking to now and what thoughts and intentions that person harbors.

Why do people resort to such thoughtless actions? The answer is obvious — due to the abstinence of the safe platform to conclude contracts between traders and investors which provide them with safety, transparency and verified data.

Membrana Blockchain Platform have a great solution to handle all the aforementioned problems. Now investors can forget about their past misfortunes. The blockchain technology used by platform renders investors with the opportunity to choose a suitable trader using the complete and definitive information about those ones who offer their services on trust management.

How does it work?

All trader’s activity on Membrana Blockchain platform, such as contracts and their past trades, are saved in the blockchain. This information is further used to calculate traders’ success using indicators, namely: ROI, rating, the number of contracts awarded, the number of profitable contracts, and the total amount of funds which is currently under management and/or has been managed in the past. These indicators will serve to investors to help them to make more accurate selection of suitable traders.