The Blockchain Terminal, a one-stop shop of third-party crypto-trading tools, information, data, and content has announced the integration of Hub, Human Trust Protocol, which solves digital trust problems by decentralizing reputation data on a public-permissioned blockchain.
The Protocol allows users to build trust across multiple applications through various online interactions, including messenger, peer-to-peer marketplaces, and business transactions. The solution is accessible to any entity to which users have granted permission.
On the BCT, both buyers and sellers can be rated, reviewed and tracked, establishing a reputation history that ensures trustworthiness and security for both parties. BCT offers hedge funds and other institutional traders a consolidated view of the crypto market from more than 80 exchange.
The first step will be to incorporate Hub’s ICO reputation system, ICOHub, into the Blockchain Terminal app store. ICOHub’s project-reputation data will enable the Blockchain Terminal to run analytics related to post-ICO performance, provide additional market research to the benefit of the Blockchain Terminal’s users, and supply another useful metric for trading algorithms.
[perfectpullquote align=”full” bordertop=”false” cite=”Eric Ly, co-founder and CEO of Hub” link=”” color=”” class=”” size=””]“We are witnessing the early days of a crypto market that is analogous to the Gold Rush. For that reason, lots of scams, bad actors, and untrustworthy investors are overwhelming the field. The goal of our collaboration is to bring transparency and trustworthiness to this volatile market, helping people to work securely in the market and benefit from it. We already have partnerships with Civic and other well-established data source and identity companies, and we are looking forward to working closely with the Blockchain Terminal to bring trust to the cryptocurrency market.”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Oz Sultan, Head of Crypto Products, BCT Inc.” link=”” color=”” class=”” size=””]“Across the crypto market today, trust is the most valuable commodity and one that is often in short supply. We see the BCT and Hub collaboration as one that will allow us to add an additional layer of trust to an already secure ecosystem – empowering the next generation of crypto traders with robust and secure analysis applications, and helping to bridge the gap between traditional investment and the emerging crypto space.”[/perfectpullquote]