In the initial release of PWMCoin, the focus is on the flexibility and the ease of engaging in a foreign fund, specifically funds under the management of Phoenix Wealth Management. Such funds can come from corporates connected to the internet which generates decent dividends with great investment portfolio. However, it is important to note that this platform is a white label solution; it can be integrated into both existing and future markets – especially for retail investors.
Currently, the retail investor is an exciting, emerging market. It is predicted, that by 2025, there will be a billion individual generating over $10 trillion in revenue annually. This market therefore represents a fantastic use case for the white label PWMCoin investment platform.
Another key component of the platform is the Asset Manager, the person in charge of maintaining assets which cannot (yet) operate themselves. For example, take a 3D printer. While many parts of such a device can be automated, it still requires someone to refill the device with printing materials. In the future, we believe the 3D printer will be able to communicate with a robot to be refilled automatically, but currently this is not the case - and a person is needed for the IoT asset to function correctly.