In order to build a bridge between the old and new economies, Iconomi has developed a digital asset management platform based on Ethereum smart contracts. Users are able to create their own Digital Asset Array, or DAA, made up of various digital assets, including Bitcoin, Ethereum, Dash, and more.
Once their asset basket is created, they are secured through a multi-level security system of hot wallets and cold storage that they developed.
Assets are secured in the different levels based on the projected number of times a particular asset will be moved, with the highest level of security being multi-signature verification, and guarantee liquidity in the platform.
Because they are looking to bridge the old and new economies, Iconomi is easy for both beginners and experts to use, with the ability to both create your own basket or buy into a pre-made basket. In the future, Iconomi is looking at adding more digital assets to their array, will offer the ability to tokenize and manage private funds, and the ability to purchase DAAs with fiat currency.
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