对冲基金“加密桥”平台-PAR 申请BitLicense许可 - 网赚论坛

The PAR Project (par.io) a Productive Asset Record system, has released its white paper today revealing the launch of its new platform. PAR is a management application for the administration of capital pools through blockchain technology.

PAR项目(http://par.io)是一个生产性资产记录系统,今天(9月1日)上线了网站并且发布了白皮书。PAR通过区块链技术管理资金池的应用平台。

lending and hedge funds, using blockchain technology behind the scenes. Its system has foundations in both public and private ledger technology.

PAR基金会由Brian Kelly、Jacob Dienelt、Michael Sofaer和George Samman成立于2016年。PAR的价值重点是使用区块链技术开发世界上第一个透明管理贷款和对冲基金的审计程序。 PAR系统基于公有账本和私有账本技术。

The protocol will enable intelligent lending and hedge fund management using the Ripple Interledger, partnered with the Tendermint consensus mechanism. The network will provide leverage for cross-chain swapping and use Nautiluscoin (NAUT) as the native currency.

PAR系统将使用Ripple的Interledger协议提供智能的贷款和对冲基金管理，并与Tendermint公司合作，利用其公司自主研发的共识机制。PAR网络提供跨链交换的衡量标准，并使用Nautiluscoin（NAUT）作为PAR系统货币。

Users within the PAR network will receive discounted rates when utilizing Nautiluscoin with the application. PAR has similarities to the BlackRock Aladdin Platform but differs in various ways while acting more like a crypto-bridge.

在PAR网络中，用户持有Nautiluscoin将会获得折扣收益。 PAR平台更像是一个加密桥梁，有别于BlackRock公司的Aladdin平台。

By allowing capital pool directors to create rule sets that govern capital flow, investment return allocation, and fee collection, the system provides flexibility and automation of capital flow. […] An essential goal of this project is not only to create a crypto-bridge but also to link NAUT to a productive asset. This goal will require extensive work with regulators to determine the exact nature of digital currencies from a legal perspective.

通过允许资本池的执行人创建规则集，主要包括管理资本流动，投资收益分配，收费，该系统提供了灵活性和资金流的自动化。 [...]这一项目的一个基本目的是不仅要创造一个加密桥梁，而且链接NAUT到生产性资产。这一目标将需要与监管部门大量工作，确定从法律角度数字货币的确切性质。

The creators of PAR believe its system will enable greater capital formation by significantly reducing administration costs, increasing post-close liquidity, and lowering the barrier of entry for investment. By leveraging cryptocurrency and blockchain technology the organization is able to provide decentralized escrow and unique pool of ownership.

PAR的创造者相信其系统将显著降低管理成本，提高资金流动性，降低投资者进来的壁垒实现更高的资本构成。通过利用加密数字货币和区块链技术，每个组织都能够提供去中心化的契约，并拥有独有的资金池。

“Asset management and particularly the hedge fund industry is ripe for disruption particularly in a low interest rate, low volatility, low return, low transparency and high fee world,” George Samman explained to Bitcoin.com. “With so much excess capital floating around looking for higher returns we aim to make creating capitals pools faster and cheaper and more transparent than ever before through the use of cryptocurrencies and blockchain technology.”

“资产管理，特别是对冲基金行业，已经是一个低利率，低挥发性，低回报，低透明度和高收费的世界”。George Samman在Bitcoin.com上面解析道 “有这么多的过剩流动资本四处寻找更高的回报，我们的目标是使创建资金池更快，更便宜，比通过使用加密数字货币和区块链技术以往任何时候都更加透明。”

The founders say they are working “rigorously to perfect our plan and proposal.” Following the completed plan the next step will be approaching regulatory officials for permission to operate. PAR explains this will determine how to impart real world value on cryptocurrency, but regulators will need to approve the proposal and jurisdictional issues will have to be assessed. PAR founders are optimistic about approaching the authorities, stating:

创始人说，他们正在“严格完善我们的计划和建议。”下一步计划将是等待合规部门的批准。PAR解释说，这将决定如何传授加密数字货币在现实世界中的价值，但监管机构将需要批准该建议，必须对管辖权问题进行评估。 PAR创始人将接近有关部门，乐观地说道：

This will be the first time an effort created in the crypto space is brought to regulators to unpack the differences between cryptocurrencies and equity stakes. We are hopeful that regulators will be open to our proposal, but there is still significant work to do. Transparency will be maintained throughout this process, as it is our belief that this will help the regulators understand and shape the future of this space.

这将是第一次在加密世界中通过努力引导监管机构来解决加密数字货币和股权之间的差异。我们希望监管部门将提供建议给我们，但仍有显著的工作要做。我们坚信透明度将在整个过程中保持下去，这将有助于监管机构理解和塑造这个空间的未来。

The team hopes it can make headway with regulators with this project. PAR says it will try to obtain the New York Bitlicense and believes this could set a precedent for future ICO legislation. By reducing hedge fund operating costs, the founders believe the service will be a disruptive model for Wall Street.

研究小组希望能够在这个项目能在相关部门监管中取得进展。 PAR表示，将尝试获得纽约Bitlicense许可，并认为这可能为未来ICO立法的一个先例。创始人认为，该服务通过减少对冲基金的运营成本将会成为华尔街一个颠覆性的模式。