A system of protocols would allow users to deposit cryptocurrencies on an exchange, without the presence of an actual deposit. A smart contract provides the base of the solution, but the benefits are gone if the funds cannot be used to initiate multiple, simultaneous trades. We propose a solution to the following three problems using a zero-day protocol: centralized exchange hot wallet hacks, decentralized exchange limited trading capabilities, multiple deposits of low amounts on over the counter exchanges. At its core, is the smart contract which serves as an input and output for the cryptocurrencies it supports.
The smart contract takes the input from the trader and assigns it a unique identifier, typically the traders wallet address, and sets up a contra account with the given amount deposited and allows the trader to perform trading activities on the centralized exchange. Once an order has been filled, the federation server updates the trader’s transactions onto the Blockchain in real time allowing the trader to withdraw their balance after trading activities over the same smart contract by simply initiating the withdraw call. The trader will choose the type of coin to withdraw, enter their unique key and wallet address.
Start: 1 September, 2018
End: 2 February, 2019
We list the most relevant upcoming crypto market ICOs from the industry leaders
Javvy is the full integration of a universal wallet connected to numerous exchanges presently available to the cryptocurrency market. It eliminates the need for multiple accounts and applications while taking advantage of their respective benefits.
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AllForCrypto will provide a blockchain-friendly platform for the sale of goods and services with its own utility token for funding operations. AllForCrypto brings a blockchain-based solution to the issues that arise in P2P buying and selling goods and services online.
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SaTT will change the transaction between advertisers and content editors to be instant, transparent and secure! The SaTT is an ERC20 token created to facilitate advertising transactions with a smart contract.
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Tryvium is a modern platform for booking hotels, apartments, B&B, and other accommodations. The technology incorporates the use of blockchain along with smart contracts systems to deliver real-world solutions to the industry challenges...
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