Join Our Mailing List
Tuesday March 21, 2023
Bitcoin (BTC) $28,408.61   Ethereum (ETH) $1,815.81
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

Zeus Exchange connects with trust management app Membrana

Published by CryptoNinjas.net
04/19/2018
Zeus Exchange connects with trust management app Membrana

It was announced today that Membrana, a trust management ecosystem made to directly connect an investor and a trader to conclude a mutually beneficial, secure, and reliable contract will integrate Zeus Exchange, scheduled to launch in late Summer.

Membrana has a trading terminal designed to work on all exchanges through one interface. For an investor, it has a rating system with transparent data on all traders. The platform allows an investor to give traders an opportunity to manage funds, but not to possess them.

Thus, the latter trades with an investor’s exchange account through Membrana’s unique interface. Investors do not transfer their funds to Membrana, the funds are always on their exchange account.

The Membrana team has developed an algorithm to solve the following problems:

– Middleman required (to provide guarantees)
– Loss of control over invested funds (because of the need to transfer it to a 3rd party)
– Lack of trust (not knowing trader and his/her history)
– Fraud (no proof of information)
– Counterparty risks (cannot put restrictions on the trader)

Users arrange a smart contract with terms prewritten, such as target profit, duration of the contract, the maximum loss, etc. There is a dashboard to control contracts and to send and receive a request for trust management. If an investor and trader agree, the request for smart contract initiated.

The smart contract is working with help from an oracle, a system that brings information from smart contract to web interface for executing depending on status. Data of all trades are stored on the blockchain.

34
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

No Content Available
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021

Ripple names payment network RippleNet and grows product suite

08/01/2017
How to Become a Web3 Developer: A Guide to Web3 Jobs

How to Become a Web3 Developer: A Guide to Web3 Jobs

03/15/2023
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy