Blockchain

Digital ledger that records transactions and maintains a continuously growing list of records, called blocks. Each block contains a timestamp and a link to the previous block, creating a chain of blocks that cannot be altered without the consensus of the network. It has the next main features:

  • Allows for secure and transparent transactions without the need for intermediaries such as banks or other financial institutions.

  • Use of blockchain-based digital assets, such as cryptocurrencies. These assets can be traded on decentralized exchanges that operate on the blockchain, allowing for fast and secure transactions without the need for intermediaries.

  • The use of smart contracts, that can be used to automate various aspects of trading, such as the settlement of trades and the execution of margin calls.

  • All transactions on the blockchain are recorded and can be viewed by anyone with access to the network, it is possible to trace the history of an asset and ensure that it has not been involved in any fraudulent or illegal activities.

Due to some recourses and traders opinion, blockchain technology has the potential to revolutionize trading by increasing efficiency, security, and transparency.