The first decentralized Fintech trading platform

Cryptocurrencies! Don’t you love them yet? This year, 2015, we have seen a lot of discussion about cryptocurrencies and blockchain. The way we use money and the way we pay are changing.

Not long ago, at the 10th GMTS2015 (Global Money Trading Summit) held in London, UK, Ronny罗尼•伯辛, CEO of Danish digital currency exchange CCEDK, introduced a new decentralized trading platform, Openledger, which they launched in cooperation with Cryptonomex. The Global Money Trading Summit is held by the International Association of Online Money Trading Networks (IAMTN).

What is so special about OpenLedger? It allows users to exchange Bitcoin for SmartCoins, which are pegged to fiat currencies. SmartCoins can be directly exchanged for cash through PayPal, Ripple Gateway, and CCEDK's NanoCard. More importantly, it is not just a trading platform, it is also a multilingual Fintech trading platform that brings together 8 trading platforms from different countries. Perhaps in the near future, there will be more trading platforms that want to join OpenLedger to share market depth, products and services.

OpenLedger

OpenLedger is a platform jointly launched by CCEDK and Cryptonomex. Cryptonomex is a blockchain application development company founded by the core developers of BitShares 2.0. The partnership between the two allows OpenLedger users to directly access the BitShares 2.0 network.

Bersin said:

“Our partnership with BitShares 2.0 will allow us to deeply integrate with the BitShares 2.0 network, making enterprise-level digital currency transactions faster than Bitcoin transactions. We will also be able to share orders and services, achieve market depth, and a growing range of innovative products and services.”

The integration of OpenLedger into the BitShares network will further enhance monetization and improve connectivity between financial products and platforms, thereby enabling OpenLedger to break through the barriers of digital currency entering the mainstream market.

OpenLedger Web Wallet

Bersin introduced a series of features of the OpenLedger web wallet that are not available in other wallets on the market.

include:

1. Integrated block browser

2. Multi-signature accounts

3. Access bitAssets (such as bitusd)

4. Direct access to the BitShares network

5. No middleman controls access channels

6. Regular Payments

7. User-Issued Assets (Similar to Colored Coins)

8. Global registered identity (blockchain account name)

Multiple Marketplace Integration

The Openledger web wallet provides users with an integrated block explorer that allows users to search for Bitcoin addresses, blocks, and transaction IDs directly on the platform. The wallet also uses multi-signature technology to ensure the security of enterprise transactions and settlements.

It is important to note that Openledger relies heavily on the BitShares 2.0 platform and the Graphene Toolkit developed by Cryptonomex. Therefore, the performance of the Openledger platform depends on the performance of the Graphene Toolkit and the performance of the BitShares 2.0 platform.

Bersin concluded:

"All this proves that only by joining forces can miracles be created. But innovation is not simply about joining forces."