Octav offers two distinct web applications tailored to cater to the unique needs of individual investors (B2C) and businesses (B2B2C and B2B) in the Decentralized Finance (DeFi) space. Each app is designed to provide comprehensive analytics for their respective target markets, ensuring a seamless DeFi experience.
Let's delve into the key differences between these two powerful applications:
Octav's App for Individuals empowers retail investors to easily track and manage their DeFi positions and NFTs with added community intelligence. The app features a collectively-curated database, named 'The Brain', serving as the Web3 backbone for essential DeFi labelling and interpretation.
The main goals for individuals being:
Comprehensive Cross-Chain Tracking: Octav enables users to meticulously track every cent across different blockchain networks, providing a unified view of their entire DeFi portfolio.
Tax Season Preparedness: With exact profit and loss information readily available, users can effortlessly calculate their taxable income from DeFi investments.
Accurate Blockchain Data Analytics: The app equips users with the necessary tools to access precise blockchain data analytics, aiding in well-informed decision-making.
Octav's App for Businesses is tailored to meet the requirements of finance and accounting professionals involved in DeFi portfolio management. The app focuses on providing a seamless experience for professionals, ensuring they can interpret and manage DeFi portfolios effectively.
The main goals for businesses being:
Enhance Efficiency in Reporting & Reconciliation: Octav streamlines the reporting and reconciliation process, saving time and effort for finance professionals.
Regulatory Compliance: Octav facilitates compliance with regulatory requirements by providing robust reporting tools.
Secure & Reliable Solution: The app is designed to be trusted by the DeFi community, ensuring that businesses can confidently manage their own or their clients' sensitive financial data.
Expand Service Offering (for service providers): Businesses can leverage the booming DeFi market by integrating Octav's specialized tools and services into their existing portfolio management offerings.
Informed Investment Decisions (for investment professionals): Access to the DeFi community's expertise helps decipher complex blockchain activities, enabling businesses to make well-informed investment decisions.
Octav's web applications cater to two distinct markets, addressing the specific needs of individual investors and businesses operating in the DeFi space. The Individual DeFi App empowers users with comprehensive insights into their DeFi portfolio, while the Business App provides finance professionals with tools for efficient portfolio management and reporting.
By offering tailored solutions for each market, Octav ensures a seamless and efficient DeFi experience for all its users.