What is Blockfolio? (What does “block” mean?)

According to official sources, Blockfolio is a decentralized portfolio manageme

What is Blockfolio? (What does block mean?)

According to official sources, Blockfolio is a decentralized portfolio management tool. Blockfolio is a blockchain-based investment solution targeting institutions, qualified investors, and professional fund managers. It offers a variety of options for digital asset investors, including stocks, ETFs (such as Bitcoin), cryptocurrencies, and stablecoins. It aims to reduce volatility through market analysis and prediction based on traditional finance standards, identify risks and conduct evaluations using on-chain data, track and monitor asset flows to identify potential market opportunities, and connect user information with other participants through trading functions to minimize misinformation in the secondary market.

What does “block” mean?

Block is a software system based on blockchain that emerged after the fork from Bitcoin. It adds smart contract functionality to support the block production process. “Block” refers to packaging transactions into an on-chain data structure. It can link all nodes together to form a set of code, with each node processing and broadcasting data through their own workflows, thereby enabling more nodes to join the network.

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