October 29, 2017 – Smart contract management platform Confideal announced today that they have entered into a strategic cooperation with decentralized wealth management platform WealthMan.

[Note: This is a press release.]

Confideal will help WealthMan increase security and reduce the costs of operations with commodities and assets by implementing smart contract templates into their platform. Confideal’s customers, on the other hand, will be able to hedge risks by using a wide range of management strategies for crypto assets as well as by using other tools of modern crypto-financial engineering provided by WealthMan.

Confideal CEO Petr Belousov explained:

Hedging risks is very important for our future clients as well as for Confideal’s ecosystem in total. We are very happy to be able to cooperate with WealthMan and we will try to provide as many useful features to one another as possible.

About WealthMan

WealthMan is a decentralized wealth management platform, which is designed to help professional wealth managers to develop autonomous algorithms (robo-advisers) that are used for operating client’s investment portfolio. WealthMan platform analyses and separates effective algorithms from the losing ones and provides recommendations for investors based on their risk profile.

About Confideal

Confideal is a visual smart contract builder that makes creating, managing and enforcing smart contracts quick and easy. Users with absolutely no coding skills can create an enforceable, self-executing and secure digital agreement powered by Ethereum for all types of business transactions. The platform’s built-in arbitration module allows contract parties to resolve disputes in the Confideal environment using top-rated arbiters without the need to reveal any personal data. It offers a revolutionary opportunity for enterprises, small businesses, and individuals to execute deal without the need for unnecessary costly and delay-inducing intermediaries.

For more information about Confideal, please visit confideal.io or chat with the team in Telegram.

Images courtesy of Confideal

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