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International Business Times
International Business Times
Business
Marvie Basilan

UNCOVERED: Alvara protocol the next gen digital asset management platform where transparency is king - Caught on Camera

BlackRock ASC Crypto Fidelity Twitter Inc. Uniswap
Alvara Protocol envisions a financial system where transparency and democracy come first. (Credit: Alvara Protocol Twitter)

KEY POINTS

  • Alvara Protocol is built on the new ERC-7621 token standard and recently launched its testnet
  • ASC said in its May 2024 research report that Alvara is a unique alternative to BlackRock due to its transparent approach
  • The protocol is being outshined by centralized players, but its unique features are gaining attention on Uniswap

The entry of digital assets into the fund management market has led some of the most prominent players such as BlackRock and Fidelity to dabble into the crypto space, and while these centralized players are basking on top of the asset management ranks, a decentralized, new player is making waves in the industry: Alvara Protocol.

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