  We engineer blockchain based risk managed portfolios by creating three funds
with distinct risk and return profiles: 1) Alpha - high risk portfolio; 2) Beta
- mimics the wider market; and 3) Gamma - represents the risk free rate
adjusted to beat inflation. Each of the sub-funds (Alpha, Beta and Gamma)
provides risk parity because the weight of each asset in the corresponding
portfolio is set to be inversely proportional to the risk derived from
investing in that asset. This can be equivalently stated as equal risk
contributions from each asset towards the overall portfolio risk.
  We provide detailed mechanics of combining assets - including mathematical
formulations - to obtain better risk managed portfolios. The descriptions are
intended to show how a risk parity based efficient frontier portfolio
management engine - that caters to different risk appetites of investors by
letting each individual investor select their preferred risk-return combination
- can be created seamlessly on blockchain.
  Any Investor - using decentralized ledger technology - can select their
desired level of risk, or return, and allocate their wealth accordingly among
the sub funds, which balance one another under different market conditions.
This evolution of the risk parity principle - resulting in a mechanism that is
geared to do well under all market cycles - brings more robust performance and
can be termed as conceptual parity.
  We have given several numerical examples that illustrate the various
scenarios that arise when combining Alpha, Beta and Gamma to obtain Parity.
  The final investment frontier is now possible - a modification to the
efficient frontier, thus becoming more than a mere theoretical construct - on
blockchain since anyone from anywhere can participate at anytime to obtain
wealth appreciation based on their financial goals.
