Empowering Protocol Teams and Investment Firms
Alterscope, formerly known as Solity Network, recently introduced its web3 Risk Infrastructure at the Risk Summit in Istanbul on November 14th, 2023. This infrastructure aims to support protocol teams and investment firms in managing the contingencies of web3, recognizing that decentralized financial ecosystems are susceptible to systemic risks due to their highly interconnected nature.
Benedikt Eikmanns, Co-founder & CEO of Alterscope, expressed the significance of this launch: “Alterscope equips its users with the right tools for assessing technical fundamentals in decentralized ecosystems – uncharted territory for risk assessment until now.”
Alterscope provides transparency on critical interdependencies between protocols, digital assets, and underlying blockchains. This enables users to perform thorough due diligence on protocols, create customizable risk scores, and monitor critical protocol events in real time. The vision of Alterscope is to prevent systemic risk in tomorrow’s financial systems through collective intelligence.
Marijo Radman, the CTO and Co-Founder of Alterscope, emphasized: “Alterscope creates transparency around decentralized protocols, enabling diversification at the technical-fundamental level and amplifying internal risk control processes.”
Protocol teams can automate their risk management, assess technical fundamental risks when deciding on protocol integrations, and obtain real-time monitoring of integrated protocols. On the other hand, investment firms can conduct thorough Know Your Protocol (KYP) due diligence across various protocols and liquidity pools, improving both pre- and post-capital allocation processes.
Benefits for Protocol Teams and Investment Firms:
- Automatize web3 risk management
- Obtain actionable insights on protocol-related risks
- Make faster and more reliable protocol integration decisions
- 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 aims to establish itself as a leader in real-time risk intelligence for the digital assets space. It provides a platform for accurate risk assessment consolidated in one place and delivered in real time. This gives both decentralized and centralized entities the confidence to interact with decentralized economies.
About Alterscope (formerly Solity Network)
Alterscope provides the infrastructure for web3 to enable real-time processing of fundamental risks across chains, protocols, and liquidity pools. By aggregating multi-chain risk parameters, Alterscope creates transparency and enables novel risk primitives in web3.
Hot Take: The Future of Risk Assessment in Decentralized Ecosystems
The launch of Alterscope’s web3 Risk Infrastructure marks a significant step forward in mitigating systemic risks within decentralized financial ecosystems. By providing transparency on critical interdependencies between protocols, digital assets, and underlying blockchains while offering real-time monitoring capabilities, Alterscope is revolutionizing the way protocol teams and investment firms manage risks in tomorrow’s financial systems. Through collective intelligence and comprehensive due diligence tools provided by Alterscope, it’s clear that the crypto industry is moving towards smarter decision-making processes based on actionable insights.
München, Germany – November 14th, 2023 – Chainwire
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