A company that wants to create a blockchain-based retirement planning platform has opened a test version of its retirement planning system up to the public.
Managers of the company, Auctus, say their Auctus Alpha test system shows how a robo advisor might help a user create a personalized investment portfolio.
The system also helps the user “find and follow the best-performing portfolios, with traditional and cryptocurrency assets, made by financial experts,” according to a description on the test system website.
(Related: Auctus Hopes to Offer Blockchain-Based Annuity Distribution)
A blockchain system uses encrypted, standardized strings of data to store information in an online ledger.
Auctus is basing its retirement planning platform on the Ethereum blockchain standard.