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A distributed, open-standard protocol for decentralized derivative trading.

April 8, 2018

It is fair to say that digital currencies more or less have altered the course of money. On January 3, 2009, the digital currency Bitcoin was created introducing a new way of tracking ownership of digital assets. We now call that blockchain. Innovations since then, perhaps most significantly Ethereum, have laid the foundation for building further innovations capable of growing borderless economies. The global financial system in its current form is largely centralized, and that applies to cryptocurrencies. Traders are left with little choice but to rely on a broker to trade assets and asset derivatives. While this model has worked and failed many times, we now see an opportunity in decentralization for trading derivatives peer-to-peer over a blockchain network. Reducing reliance on an intermediary naturally reduces the attached risks.

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