BEIJING – December 26, 2019 – (Newswire.com)
Beijing Fa Xian Xian Ji Investment Co. (“FXXJ”) has recently revealed its latest technological endeavor and its ramifications are huge. The Chinese investment firm introduced a blockchain-powered investment management platform that allows for higher system efficiency and simplification of its user management, leading to lower infrastructure costs and higher investment returns.
According to Chinese reports, FXXJ started experimenting with blockchain integrated systems last year and has been managing its portfolios using blockchain technology entirely since early 2019. In the company’s official statements, it stated that with the reduction of inefficiencies through the usage of blockchain technology, its investors are able to realize massive benefits via minimal fees and higher investment returns.
FXXJ was founded in July 2016 with the objective of harnessing the prowess of next-generation technology to achieve maximum investment returns from equity trading and has invested in other key areas such as quantum computing and artificial intelligence. Through this latest development, FXXJ has signaled its intent to revolutionize the world of investment and asset management.
Blockchain technology has already significantly changed the future of money, finance, supply chain management, record keeping, and more. It has the potential to revolutionize both stock trading marketplaces and the way financial data is stored and transmitted around the globe.
According to a joint analysis by global consultancy Accenture and operations-benchmarking specialist McLagan, blockchain could help slash infrastructure costs by an average 30 percent a year at eight of the world’s 10 largest investment banks, translating to between $8 billion and $12 billion in annual cost savings. Major stock exchanges, e.g. NASDAQ, New York Stock Exchange, Tokyo Stock Exchange, as well as financial institutes, among others, have already either started to use blockchain technology for some of their transactions or have appointed commissions to study the feasibility of using blockchain in the future.
FXXJ, it seems, is well ahead of the pack to take advantage of the latest technological revolution.
“We are still in the early days of the financial sector’s adoption of blockchain technology and the digitalization of securities,” an FXXJ spokesperson commented on the condition of anonymity. “By seamlessly assimilating blockchain technology and our AI core, we are able to attain true efficiency and set the standard for the financial industry. This also ensures FXXJ will be in prime position when the masses adopt the blockchain standards that we’ve set”
FXXJ was established in 2016. The company’s business scope includes investment management, investment consultancy, investment technology development and so on. FXXJ relies on strong investment and research capabilities to develop predictive analytics systems based on the concept of AI-powered investment, and has steadily and abundantly realized remarkable results in China’s stock market.
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FXXJ’s Blockchain Integration an Investment Masterstroke
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