With wealthy families becoming more and more global and the world becoming multipolar (or apolar), the notion of a single reference currency is too simplistic. Sticking to it means failing to manage currency risk and potentially incurring adverse long-term outcomes.
The solution is a diversified currency basket, with weights corresponding to the currency composition of liabilities and financial objectives. Each family must decide how best to manage its wealth and its own diversification plans.
GLOBCOIN is creating a platform that will enable the launch of customised currency baskets for a variety of uses. The first basket to be launched, corresponding to the World Reserve Currency (which we call GLX), will enable its holders to tactically switch to the most stable instrument, proven historically to be even more stable than the Swiss Franc.
Taken from Globcoin blog: https://medium.com/@globcoin_io/currency-baskets-for-wealth-management-7af7de07a3b4
Topic: Criptoplatform for wealth management (Read 89 times)
Jump to: