Alterscope presented its risk infrastructure for Web 3.0 during the Risk Summit at Devconnect Istanbul

November 14, 2023 – Munich, Germany

Expanding capabilities for protocol teams and investment firms.

• Alterscope (formerly Solity Network), a leading technology company, has unveiled its Web 3.0 risk infrastructure for protocol teams and investment firms.
• Due to the highly interconnected nature of the crypto space, decentralized financial ecosystems are highly vulnerable to systemic risks. This will change in the future with the introduction of Alterscope.
• Altersope is on a mission to make the crypto industry smarter and more transparent.

Alterscope (formerly known as Solity Network) unveiled its risk infrastructure to help protocol teams and investment firms navigate Web 3.0 contingencies at the Risk Summit in Istanbul on November 14, 2023.

Benedikt Eikmanns, co-founder and CEO of Alterscope, said:

“Technical foundations in decentralized ecosystems are new territory for risk assessment – until now. Alterscope equips its users with the right tools.”

It is impossible to assess every potential risk in Web 3.0 and standards for assessing protocol-specific risks are lacking.

Alterscope provides visibility into critical dependencies between protocols, digital assets and underlying blockchains.

As a result, Alterscope provides insights into decentralized protocols and enables real-time risk processing for protocol teams and investment firms.

Additionally, Alterscope allows users to conduct detailed protocol due diligence, create customizable risk assessments, and monitor critical protocol events in real-time.

Alterscope’s vision is to enable collective intelligence to prevent systemic risk in tomorrow’s financial systems.

In a statement, Marijo Radman, CTO and co-founder of Alterscope, said:

“Alterscope creates transparency around decentralized protocols, enables diversification at a technical-fundamental level and strengthens internal risk control processes.”

Alterscope is committed to making the crypto industry smarter and more transparent.

In particular, Alterscope provides insights into decentralized protocols, enables assessments of their interdependencies, and lays the foundation for novel risk primitives.

Radman added:

“Due to the composable tech stack of decentralized ecosystems and the interconnectedness of its base components such as chains, protocols and middleware, disruptions in the technical foundations have led to catastrophic events over the last 18 months.” This could change with the introduction of Alterscope and its advanced real-time -Change analysis functions.”

Protocol teams are empowered to automate their risk management, assess underlying technical risks when deciding on protocol integrations, and receive real-time monitoring of integrated protocols.

Additionally, Alterscope provides transparency for protocol stakeholders and opens up new types of ecosystem dashboards that allow end users to conduct their own research on decentralized protocols.

In doing so, Alterscope helps decentralized networks attract and retain liquidity and grow their communities.

Investment firms benefit from the ability to conduct thorough Know Your Protocol (KYP) due diligence across different protocols and liquidity pools, facilitating capital allocation both before and after capital allocation.

Additionally, Alterscope offers an unparalleled risk toolkit with advanced risk research analysis and robust support for asset allocation and portfolio construction.

Additionally, Alterscope enables risk optimization, continuous risk monitoring, and seamless portfolio rebalancing.

The benefits for protocol teams and investment firms are as follows.

• Automate Web 3.0 risk management
• Gain actionable insights into protocol-related risks
• Make protocol integration decisions faster and more confidently
• Create transparency for protocol stakeholders
• Enable risk-adjusted vault and portfolio rebalancing
• Access clean and trustworthy crypto data
• Improve trading algorithms
• Build novel risk primitives in DeFi

Alterscope’s goal is to establish itself as a leading provider of real-time risk intelligence for the digital asset space and to set high standards to ensure accurate risk assessment – everything consolidated in one place and delivered in real time, giving decentralized and centralized entities alike the confidence to govern and interact with decentralized economies.

About Alterscope (formerly Solity Network)

Alterscope (formerly Solity Network) provides the infrastructure for Web 3.0 to enable real-time processing of fundamental risks across chains, protocols and liquidity pools.

By aggregating multi-chain risk parameters, Alterscope creates transparency, creates the conditions for machine learning and enables novel risk primitives in Web 3.0.

Contact

Marta Rozsa, CMO of Alterscope

This content is sponsored and should be considered promotional material. The opinions and statements expressed here are those of the author and do not reflect the views of The Daily Hodl. The Daily Hodl is not affiliated with or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any risky investments in ICOs, blockchain startups, or cryptocurrencies. Please note that your investments are at your own risk and any losses you incur are your responsibility.

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