When we started Konzortia Capital, we wanted to build a company that helped people, that filled a gap that needed to be filled in the financial industry. Our Founder usually came across the fact that the current technological system that is in place was somewhat inefficient: exorbitant fees, extensive waiting periods, and a lack of interconnectivity were some of the problems we were able to identify. Therefore, we decided not only to fix the system, but to build a new system that fixed the backbone of the financial industry.
In order to accomplish this vision, we started designing this new, transformed network. But it is not any network. It is the Konzortia Capital Distributed Ledger (KCDL).
The KCDL is a decentralized, private, multi-purpose, multi-channel network based on Hyperledger Fabric, a permissioned distributed ledger platform that offers modularity and versatility for a broad set of industry use cases. The KCDL was designed to facilitate the creation of decentralized solutions in the financial industry, as centralized data increases waiting periods and costs. Instead, this network spreads data globally across different “nodes”, and allows each node to save a copy of the data, making information exchanges transparent for every actor and increasing transaction speed.
The KCDL is a private network, which means that every member in the network must be identified, authenticated or approved in order to participate and use data inside the network. Furthermore, each organization inside the network can create independent communication channels with the purpose of exchanging information privately with other participants. This means that even inside the KCDL network, there are certain privacy levels that can only be accessed with the necessary clearance permits.
Hyperledger’s modular quality and the simplicity with which it can be implemented allows us to add or remove functions from the network, or even make deployments in different infrastructures for optimal management of growth levels. That means that we can provide a wide variety of different services, from banking, to capital raising, to trading, in the same interconnected ecosystem supported by the same network.
Added to that, transactions inside the network are very fast due to the use of a RAFT algorithm which does not require excessive computing power, so the KCDL is not only cost-efficient, but energy-efficient as well.
The KCDL will be the network supporting the Konzortia Capital digital financial ecosystem, interconnecting our three subsidiary companies, SBank, InvestHub and Capitalista, and thus streamlining banking, capital raising, PE investing and trading. The ecosystem will allow transactions to be cleared and settled in real time, and it will enable users to transfer funds across platforms for various uses, increasing efficiency and significantly cutting costs.
You can read more about our vision and business plan at https://konzortia.capital/