The internet has made communication easier than ever before and as a result people are able to educate themselves on a number of topics spanning. One of the most commonly researched topics happens to be investing; more and more people are interested in pursuing financial independence at younger ages and so they dedicate time to learn about good investing strategies, tactics, and opportunities. But the reality remains that the average person remains heavily invested in his or her job to have the necessary amount of time to actively manage a portfolio. Consequently, many people end up relying on their pensions as their primary source of financial independence (in late age). However, there’s a strong discrepancy between people’s expectation and reality as many economists have stated that most pension plans are bound to collapse.

The key problem at hand is that pension plans have been opaque and most people haven’t had convenient access to the means of management of their funds. Behind the walls, the low performance, high fees, and even corruption had been covered up by what some economists term as a “ponzi scheme.” Every generation, the youth funneled funds into pension plans and those funds provided the pension for the elderly.

This tactic was extremely successful during the baby boomer era as birth rates remained high. However, now birth rates are reaching record lows and it’s expected that most developed nations would soon have a higher volume of elderly, pension-dependent citizens than the volume of younger citizens. Reality is that the current pension plans have reached a point of no return. However, there’s an opportunity to rise from the ashes with a new system; a new infrastructure. A new blockchain project, Akropolis, has the ambition to restructure the way pensions work by developing a platform that will mark a new era of pensions, one that is not only sustainable but also successful.

A New System

Akropolis is utilizing the blockchain to decentralize pension plans for the masses. The platform relies on a few key principles to make this successful.

• A part of the problem with previous pension plans was that every year fees were made to middlemen institutions. Akropolis cuts those institutions out and directly connects consumers with fund managers. The result is that people are able to get the same services they receive with current pension plans (asset management), but without having to pay exorbitant fees to middlemen institutions.
• Akropolis is using one of the most organic benefits of blockchain technology, transparency, to counter another issue that plagues pension plans: mismanagement of funds. In the past, pension plans were opaque so consumers had limited ability to monitor the actions of fund managers. Now, consumers will be able to check whether their funds are being properly managed.

Akropolis allows everyday people to not just have easy access to asset management services, but empowers them to keep asset managers in check while also allowing them to bypass the fees that would have been owed to middlemen institutions. Convenience, transparency, affordability—these are the offerings of Akropolis.

Essential Akropolis ICO Links

🌐 Website: https://akropolis.io/
💡 Whitepaper: https://link.akropolis.io/whitepaper
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3416631.0
💻 Telegram: https://akropolis.io/

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