Blockchain startup Blox.io launches “Quickbooks for Crypto,” a tracking platform for crypto assets
We now live in cryptocurrency world where volatility rules the day. Cryptocurrency prices swing up and down by double-digit percentages in a matter of weeks and not year. We cannot track crypto assets the way we track regular stock portfolio. That is why it is crucial for any crypto investor to have a portfolio-tracking app. The challenge is, there are a few paid portfolio tracking apps that provide full virtual tracking features. Each one of these apps does things a bit differently from the others. Examples include: Blockfolio, Delta and others.
What about if there is a portfolio tracking app with complete virtual tracking features? Blox is that first platform that provides its users with complete virtual tracking features; Deposit, withdrawal, buy/sell and transfer between addresses. Keeping track and managing your crypto assets is no walk in the park, even, or especially for the more experienced traders. Knowing where your coins are kept, how they performed and what their real-time status is, can be a challenge. With Blox, you can manage and track all your crypto assets in one platform. To make the experience seamless, Blox also provides an automated solution for exchange and wallet integrations, eliminating the need to constantly update your transactions manually.
Today, the Tel Aviv, Israel-based Blox.io, announced the launch of Blox Business – “Quickbooks for Crypto” – for managing, tracking and reporting platform for crypto assets. Blox Business is currently tracking and helping companies manage over $2B in various crypto assets and is on track to manage more than 10% of all crypto assets by the end of 2018.
The new platform is already being used by several market leaders such as eToro, Wings, CIVIC, Coinsilium, Aeternity, Chainlinker capital, Startup Token and many others. Blox is a CDT powered next generation application for blockchain and cryptocurrency portfolio asset management. Blox enables you to manually or automatically sync your crypto wallets and exchange accounts into a single platform. It is currently in post ICO stage. It enables users to connect their different wallets.
Founded in June 2017 by Alon Muroch, Blox.io is a Tel Aviv-based company, employing over 25 employees through three offices in Israel and China. The company has grown rapidly and looking for further expansion. Its clients include Civic, eToro, Coinsilium, Aeternity and other industry leaders. Blox’s official partners are NEO, eToro, Coinsilium, RSK and others. The company’s advisors include eToro CEO, Yoni Assia and FBG Capital CEO, Vincent Zhou.
Blox Business is the first to provide organizations with the ability to customize – according to their users’ needs – a complete set of tracking and reporting tools for crypto. Blox.io offers automatic and intuitive integrations for multiple exchanges and wallet accounts including Ethereum, Bitcoin, Binance, Kraken and many more. The platform is available on iOS, Web and Android, accessible with a single, cross-device login and high level asset performance reports.
Companies like QuickBooks introduced a simplified, easy to use and intuitive set of tools to the world in order to help manage and organize the financial needs of a company. This includes helping to manage cash flows, payments, salaries and tax reports.
With more companies and institutions managing large amounts of crypto assets, many companies are finding it difficult to successfully manage their books and finances. Adding to this, cryptocurrencies are the most volatile asset class in financial history, making the challenge even greater. Looking at the $50B+ market of customizable accounting solutions, it is only natural that the largest potential market growth for this industry will be the rapidly growing $500B cryptocurrency industry.
Below is a video overview of Blox.