Radar Protocol is an ecosystem whose sole purpose revolves around asset management, and as such, we will focus on it in the first part of this chapter. Even though asset management has been around for a long time and has undergone multiple improvements over the years, it has somehow managed to achieve the status of a laggard technology, especially when compared with the cutting-edge capabilities that some of our current systems can handle.
Asset management most commonly encapsulates the entire process of developing, operating, maintaining, and cost-effectively selling assets. Most often used in finance, the term usually refers to individuals or firms that manage assets on behalf of other individuals or entities.
The goal of asset management is to increase total wealth over time by acquiring, maintaining, and trading investments that can grow in value. Asset management professionals perform this service for others. They may also be called portfolio managers.
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