Dexfin watermelon protocol is the first of its kind autonomous systems, designed specifically for the purposes of crypto asset management.
Dexfin watermelon is blockchain software that seeks to enable participants to set up, manage and invest in technology regulated investment funds in a way that reduces barriers to entry, while minimizing the requirements for trust.
It does so by leveraging the fact that digital assets on distributed quasi-Turing Complete machines can be held solely by smart-contract code, and spent only according to preprogrammed rules within this code. The dexfin watermelon protocol is a set of rules for how digital assets can be spent once held in a Dexfin watermelon smart-conract or a Dexfin watermelon based investment fund. These rules are meant to protect the investor and fund manager from malevolent behavior of each other, even when both parties remain private.
Dexfin watermelon is to investment funds as Bitcoin is to accounting: a set of rules, enforced by blockchain technology, legitimized by the consent of its participants.
Both its frontend as well as its backend are hosted and executed on decentralized platforms. The frontend operates on top of IPFS, while the backend leverages off a set of Ethereum smart contracts.