1. Within which blockchain frameworks may assets be constructed through the BlockEx platform?
BlockEx was built from the ground up to be framework agnostic, meaning we can support any blockchain framework from the backend. Currently, we support assets created on Bitcoin, Ethereum, Credits and Hyperledger.
2. Do you have your own blockchain framework?
No, whilst we develop our own blockchain proof of concepts and applications, we do not develop our own blockchain framework. We build products based on the appropriate tool for the task. We have backend integration for all current major frameworks.
3. When do we settle on the blockchain?
This ranges from near real-time to daily dependent on the desirable frequency for the market.
4. How do you manage the security of funds?
All of our funds are secured offline within our multi-signature wallet infrastructure. All keys required to move funds outside BlockEx infrastructure are held offline. We do not use a third party to deliver this critical piece of infrastructure.
5. Do we use a distributed ledger or blockchain for matching?
No, we don’t. The reason for this is simple; latency. When trying to match over a distributed system you need to wait for consensus to be agreed across the network. The result of this would be a throughput far below the rate that an exchange platform might reasonably deliver.
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Henri M.Schnadt 10A
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The Leather Market
London, SE1 3HN