WALCHWIL, Switzerland, Nov. 14, 2016 /PRNewswire/ -- Melonport AG announces its collaboration with Parity (Ethcore) and its founder Dr. Gavin Wood to launch " Melon", a ground-breaking software for asset managers. Melon will be the first decentralized application on the revolutionary Polkadot multi-chain network. Photo - http://photos.prnewswire.com/prnh/20161114/438942LOGO The Polkadot concept by Dr. Gavin Wood, the founder of Parity Technologies Ltd and former CTO of Ethereum, will be explained today in a big breakthrough paper. Polkadot is a multi-chain framework that supports interoperability between wildly different chains with different properties including encrypted proof-of-authority chains suitable for internal enterprise networks (- as long as they confirm to certain specifications). For the very first time in blockchain history, the different blockchains will form one large inclusive interoperable multi-chain network with pooled security. Melon will provide the first use case — a completely decentralized blockchain infrastructure intended to give secure and user-friendly access to manage or invest in portfolio similar to hedge funds. It goes beyond normal crypto wallets providing a 'rule set' which forces certain elements into portfolios (e.g. performance calculations and trade restrictions) Melon also has a 'modular' element which allows room for opinion on matters like price feed sources, exchanges, management fees etc. The completely open source software for competitive and decentralized asset management solutions, Melon can be found on GitHub at the following link. Melon will initially be targeted at individuals looking to set up and manage crypto portfolios and build their track records on it. The protocol allows for investing and redeeming in portfolios and will become a way for people to discover and gain exposure to these crypto portfolios in an inexpensive and transparent fashion. As digital assets become more mainstream, this protocol is expected to be adopted by more traditional asset managers.